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 84 m² on the 3rd floor, built in 1994, energy rating C. Located on largo Cristóvão da Gama, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: This apartment includes a built-in wardrobe and pantry in the entrance hall, maximizing storage solutions in a compact layout. Additional Context: Proximity to Lisbon enhances its appeal.
The valuation. The asking price of €365,000 is €7,029 (2.0%) above the fair value of €357,971. The property is fairly valued, reflecting its condition and location within the mixed neighbourhood.
Fair value modelled at €357,971 from 6 comparable sales in the area. Asking €365,000 sits €7,029 (2.0%) above — overpriced versus fair value.
Asking €365,000 versus the largo Cristóvão da Gama area baseline of €354,102 (€4,216/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 €354,102, adjusted for condition and micro-location, gives a modelled fair value of €357,971 (€4,262/m²), a €7,029 (2.0%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| largo Cristóvão da Gama | Subject | €365,000 | €4,345 | — | 70 | 74 |
| largo da Pirâmide | Active | €395,000 | €4,202 | 3.3% | 72 | 76 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 144085 | Active | €425,000 | €4,337 | 0.2% | 71 | 76 |
| avenida Carolina Mich | Active | €445,000 | €4,495 | 3.4% | 70 | 80 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 1e6153 | Active | €280,000 | €3,784 | 12.9% | — | 71 |
| Median comp | €410,000 | €4,270 | 1.7% | 71 | 76 |
Long-term rental Given the property's fair price of €365,000 and a gross yield of 3.8%, it provides a reasonable return for long-term rental investors in a stable neighborhood. The proximity to Lisbon enhances tenant desirability, although its average condition score of 66 indicates potential future maintenance costs. Buy-and-hold The investment thesis for a buy-and-hold strategy is supported by the fair valuation of €365,000 and a 2.0% gap from the estimated fair value of €357,971. Although the yield of 3.8% is modest, the neighborhood's overall score of 74 reflects a reliable investment environment that could appreciate over time. Family rental As a family rental, the property is fairly priced at €365,000 with a solid gross yield of 3.8%, appealing to long-term tenants seeking stability in the Algés area. The neighborhood's amenities and proximity to Lisbon make it a suitable option for families, despite the average condition rating that may warrant some renovations over time.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate likelihood of tenant turnover, which could impact cash flow and operating expenses due to increased vacancy rates and re-leasing costs.
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