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 101 m², energy rating C. Located on rua Romulo de Carvalho S / N, Queluz e Belas parish, Sintra municipality, Lisbon district. Unique Feature: Nestled in a vibrant neighborhood, this apartment offers direct access to walking trails and green spaces, enhancing outdoor living opportunities in Queluz-Belas.
The valuation. The asking price of €320,000 is €37,454 (10.5%) below the fair value of €357,454, indicating that this property is subpriced in the current market. This positions it as an attractive opportunity for potential investors.
Fair value modelled at €357,454 from 6 comparable sales in the area. Asking €320,000 sits €37,454 (10.5%) below — the upside to fair value.
Asking €320,000 versus the rua Romulo de Carvalho S / N area baseline of €283,026 (€2,802/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €283,026, adjusted for condition and micro-location, gives a modelled fair value of €357,454 (€3,539/m²), a €37,454 (10.5%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Romulo de Carvalho S / N | Subject | €320,000 | €3,168 | — | 74 | 73 |
| rua Camilo Castelo Branco | Active | €339,900 | €3,177 | 0.3% | 72 | 75 |
| rua Cidade da Praia, 2 | Active | €295,000 | €3,688 | 16.4% | 73 | 76 |
| Mina de Água · f3657f | Active | €295,000 | €4,538 | 43.2% | 73 | 72 |
| Venteira · ba3f99 | Active | €299,990 | €4,615 | 45.7% | 72 | 80 |
| Median comp | €297,495 | €4,113 | 29.8% | 73 | 76 |
Family rental The 2-bed apartment in Queluz e Belas is well-positioned for family rentals, benefiting from a suburban environment with a strong safety record and good tenant quality. With a yield of 4% and a current listing price that is 10.5% below fair value, this property is an attractive investment for long-term family tenants. Long-term rental This property is suitable for long-term rentals, supported by the area's economic stability and proximity to Lisbon, which enhances demand for rental housing. Given the 10.5% gap to fair value and a solid gross yield of 4%, it represents a sound investment opportunity for steady rental income. Buy-and-hold As a buy-and-hold investment, this apartment is likely to appreciate over time, especially given its desirable location in a family-friendly neighborhood. With its current valuation positioned 10.5% below fair value, it provides a strategic entry point for investors seeking long-term capital growth.
Economic downturn risk The economic stability score of 80/100 indicates a potential vulnerability to changes in the economy, which could negatively affect tenant demand and rental income.
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