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.
3-bedroom, 2-bathroom duplex of 117 m². Located on rua Alegre, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. This property features a spacious 20 m² terrace and balcony that offer excellent sun exposure and unobstructed views, ideal for outdoor relaxation in a prime location.
The valuation. The asking price of €630,000 is positioned at €60,393 (8.7%) below fair value of €690,393, indicating that the property is fairly priced. This makes it an attractive option for potential buyers looking for a solid investment. Buy-to-flip angle. The resale strategy involves renovating the duplex to enhance its appeal, capitalizing on its above-average materials, and targeting a market price above €690,393. By making aesthetic upgrades, this property may yield a profit upon resale within a short timeframe. Buy-to-let angle. With an estimated rental income of around €1,470 per month, the gross yield stands at 2.8%. This rental strategy focuses on long-term tenants, providing steady cash flow and capital appreciation in the established neighborhood.
Fair value modelled at €690,393 from 6 comparable sales in the area. Asking €630,000 sits €60,393 (8.7%) below — the upside to fair value.
Asking €630,000 versus the rua Alegre area baseline of €651,291 (€5,567/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €651,291, adjusted for condition and micro-location, gives a modelled fair value of €690,393 (€5,901/m²), a €60,393 (8.7%) gap versus the €630,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Alegre | Subject | €630,000 | €5,385 | — | 70 | 68 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 4a44d2 | Active | €560,000 | €5,714 | 6.1% | 73 | 84 |
| travessa Pinto Correia, 12 | Active | €519,000 | €6,329 | 17.5% | 76 | 73 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 875012 | Active | €369,000 | €5,857 | 8.8% | 68 | 75 |
| rua Major Afonso Palla | Active | €535,000 | €5,944 | 10.4% | 62 | 73 |
| Median comp | €527,000 | €5,901 | 9.6% | 71 | 74 |
Long-term rental The property offers a gross yield of 2.8%, which is relatively low but acceptable within the suburban context of Algés. Given its fair value of €690,393 compared to the listing price of €630,000, it provides a stable income stream without significant upside potential. Buy-and-hold Acquiring this duplex for a buy-and-hold strategy may yield consistent returns, but the current valuation suggests limited opportunity for appreciation in the short term. The property’s conditioning score of 67/100 indicates that some maintenance may be required, albeit it is situated in an area with decent tenant quality. Family rental The property’s three bedrooms make it suitable for family rentals in a suburban area characterized by moderate amenities and tenant quality. While the price appears fair, the yield of 2.8% suggests that rental income may not sufficiently offset potential future investment in property enhancements.
Tenant turnover risk: With a tenant stability score of 60/100, there is a significant risk of high tenant turnover which could lead to increased vacancy rates and lost rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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