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, 1-bathroom apartment of 85 m² on the 1st floor, energy rating C. Located on rua Pereira Palha, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: The apartment's south-facing orientation ensures abundant sunlight, while its close proximity to the coast and excellent public transport links enhance its desirability for commuters and beachgoers alike.
The valuation. The asking price of €380,000 is above the fair value of €342,265 by €37,735 (11.0%). This property is considered overpriced and not a justified investment opportunity.
Fair value modelled at €342,265 from 6 comparable sales in the area. Asking €380,000 sits €37,735 (11.0%) above — overpriced versus fair value.
Asking €380,000 versus the rua Pereira Palha area baseline of €274,692 (€3,232/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €274,692, adjusted for condition and micro-location, gives a modelled fair value of €342,265 (€4,027/m²), a €37,735 (11.0%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Pereira Palha | Subject | €380,000 | €4,471 | — | 75 | 73 |
| avenida Bombeiros Voluntários de Algés, 29 | Active | €295,000 | €3,073 | 31.3% | 70 | 73 |
| praceta Gomes Leal, 2 | Active | €580,000 | €4,531 | 1.4% | 76 | 74 |
| avenida Conselheiro Ferreira Lobo | Active | €329,000 | €4,113 | 8.0% | 75 | 76 |
| Carnaxide e Queijas · b32b8a | Active | €599,000 | €3,941 | 11.9% | 75 | 79 |
| Median comp | €454,500 | €4,027 | 9.9% | 75 | 75 |
Long-term rental The property’s listing price of €380,000 exceeds its fair value by 11%, indicating it is overpriced in a suburban Lisbon location with a gross yield of only 4%. Additionally, the neighbourhood's rating of 73/100 suggests that tenant demand may not justify such a premium pricing. Family rental At €380,000, this 3-bed apartment is priced above its fair value of €342,265, making it an overpriced option for families seeking long-term rentals. The property’s condition score of 82/100 is appealing, but it does not compensate for the higher-than-justifiable price point in the current market. Buy-and-hold This property’s current listing price represents an 11% premium over its assessed fair value, categorizing it as overpriced for a buy-and-hold strategy in the Oeiras area. Despite sustainable neighbourhood characteristics, the potential returns do not support the elevated investment cost.
Tenant turnover risk The tenant stability score of 60/100 indicates a potential for higher tenant turnover, which may impact cash flow due to vacancy periods and increased leasing costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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