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, 2-bathroom apartment of 96 m² on the 1st floor, energy rating C. Located Santa Maria e São Miguel, São Martinho e São Pedro de Penaferrim parish, Sintra municipality, Lisbon district. This apartment features a long covered balcony with direct views of the iconic Pena Palace, providing a rare outdoor extension for recreation and relaxation in a vibrant historical backdrop.
The valuation. The asking price of €385,000 sits approximately 8.7% above fair value, which is assessed at €354,132. This indicates that the property is reasonably priced, aligning closely with its fair market value.
Fair value modelled at €354,132 from 6 comparable sales in the area. Asking €385,000 sits €30,868 (8.7%) above — overpriced versus fair value.
Asking €385,000 versus the Santa Maria e São Miguel, São Martinho e São Pedro de Penaferrim, Sintra, Lisbon area baseline of €312,879 (€3,259/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 is above the parish average, lifting 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 €312,879, adjusted for condition and micro-location, gives a modelled fair value of €354,132 (€3,689/m²), a €30,868 (8.7%) gap versus the €385,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Maria e São Miguel, São Martinho e São Pedro de Penaferrim · 15e15f | Subject | €385,000 | €4,010 | — | 70 | 66 |
| rua Cidade de Portalegre | Active | €335,000 | €4,295 | 7.1% | 76 | 69 |
| rua Afonso de Albuquerque | Active | €295,000 | €3,554 | 11.4% | 72 | 75 |
| Algueirão-Mem Martins · 99f47f | Active | €350,000 | €4,667 | 16.4% | 75 | 73 |
| Santa Maria e São Miguel, São Martinho e São Pedro de Penaferrim · 3df510 | Active | €355,000 | €3,550 | 11.5% | 68 | 72 |
| Median comp | €342,500 | €3,925 | 2.1% | 74 | 73 |
Family rental The property is fairly priced with a fair value of €354,132, indicating a healthy investment under ideal family rental conditions. The gross yield of 3.3% aligns with expectations for couples or families seeking long-term residence in the Sintra area. Long-term rental At a listing price of €385,000, the property does not offer a significant advantage for long-term rental investments, given it is valued fairly. However, the decent condition score (74/100) and proximity to Lisbon can attract stable, long-term tenants looking for a suburban lifestyle. Buy-and-hold Despite being fairly valued, the property may not present the most compelling buy-and-hold opportunity given the modest yield of 3.3%. Investors should consider the economic stability of the Greater Lisbon area but remain cautious due to the already established price point relative to its fair value.
Economic Volatility Risk The economic stability score of 60 indicates potential fluctuations in local economic conditions which could affect rental demand and property values.
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