This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
2-bedroom, 1-bathroom apartment of 51 m² on the 4th floor, built in 1945, energy rating E. Located Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: The apartment offers a side sea view and boasts a prime location just steps from the waterfront promenade and Praia do Dafundo, enhancing its appeal for outdoor enthusiasts.
The valuation. The asking price of €240,000 is positioned below the fair value of €276,958, representing a discount of €36,958 (13.3%). This makes the property an appealing prospect for prudent investors seeking value. Buy-to-flip angle. Given its underpriced status, the property can be renovated and resold at a marked-up price, thereby capitalizing on the existing equity gap of €36,958. Strategic improvements can attract buyers looking for updated suburban living options near Lisbon. Buy-to-let angle. With an estimated gross yield of 4.8% (~€960/month), the property represents a solid investment for long-term rental income. Its good condition and family-friendly features make it suitable for stable tenants in a desirable neighborhood.
Fair value modelled at €276,958 from 6 comparable sales in the area. Asking €240,000 sits €36,958 (13.3%) below — the upside to fair value.
Asking €240,000 versus the Algés, Linda-a-Velha e Cruz Quebrada-Dafundo, Oeiras, Lisbon area baseline of €269,116 (€5,277/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €269,116, adjusted for condition and micro-location, gives a modelled fair value of €276,958 (€5,431/m²), a €36,958 (13.3%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 622a15 | Subject | €240,000 | €4,706 | — | 70 | 72 |
| Carnaxide e Queijas · 4d4060 | Active | €481,000 | €4,581 | 2.7% | 72 | 78 |
| rua Mata de São Mateus, 13 | Active | €360,000 | €6,000 | 27.5% | 65 | 74 |
| rua João das Regras S / N | Active | €380,000 | €5,278 | 12.2% | 72 | 75 |
| rua João das Regras S / N | Active | €380,000 | €5,205 | 10.6% | 70 | 65 |
| Median comp | €380,000 | €5,242 | 11.4% | 71 | 75 |
Long-term rental The property is subvalorizada at €240,000, allowing for a favorable entry point into the robust housing market of Algés, which benefits from proximity to Lisbon. With a gross yield of 4.8% and an appealing condition score of 66/100, this investment is positioned for steady rental income potential. Family rental As a two-bedroom apartment in a suburban area with a neighborhood score of 72/100, this property presents a compelling option for family rentals. The attractive fair value of €276,958, compared to the listing price, enhances its appeal to families seeking quality living spaces near Lisbon's economic opportunities.
Economic and Tenant Risk With both economic and tenant stability scores at 70/100, there is a potential risk of limited demand and fluctuating occupancy rates due to moderate stability in the market and among tenants.
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