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 90 m² on the 2nd floor, energy rating C. Located on rua Joseph Bleck, 2, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: The apartment features unique skylights that accentuate the spaciousness and brightness, along with modern high-quality finishes in a newly renovated design. Location Advantage: Its proximity to the Tagus River enhances outdoor living options for walking and jogging.
The valuation. The asking price of €365,000 sits 3.1% below the fair value of €376,751, indicating that the property is reasonably priced within the current market conditions. Buy-to-flip angle. A resale strategy could target the growing demand in the area, leveraging potential cosmetic updates to attract buyers seeking modern living spaces. Buy-to-let angle. With an estimated rental income of €1,217 per month, this property offers a gross yield of 4%, making it an attractive option for long-term rental in a desirable suburban location.
Fair value modelled at €376,751 from 6 comparable sales in the area. Asking €365,000 sits €11,751 (3.1%) below — the upside to fair value.
Asking €365,000 versus the rua Joseph Bleck, 2 area baseline of €291,310 (€3,237/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €291,310, adjusted for condition and micro-location, gives a modelled fair value of €376,751 (€4,186/m²), a €11,751 (3.1%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Joseph Bleck, 2 | Subject | €365,000 | €4,056 | — | 88 | 74 |
| avenida Conselheiro Ferreira Lobo | Active | €329,000 | €4,113 | 1.4% | 75 | 76 |
| Oeiras e São Julião da Barra, Paço de Arcos e Caxias · 1e63c5 | Active | €329,000 | €4,113 | 1.4% | 72 | 70 |
| avenida Portugal | Active | €328,000 | €4,260 | 5.0% | 80 | 80 |
| Carnaxide e Queijas · be9675 | Active | €432,000 | €4,500 | 11.0% | 75 | 75 |
| Median comp | €329,000 | €4,187 | 3.2% | 75 | 76 |
Long-term rental The property is positioned well for long-term rental due to its proximity to Lisbon, appealing to professionals seeking housing in suburban areas. With a fair value closely aligning with the acquisition price and a gross yield of 4%, it offers stable returns in a neighborhood with a solid score of 74/100. Family rental This 2-bed apartment caters effectively to families seeking a residential environment, given its good condition rating of 85/100 and the low crime rates typical of suburban neighborhoods. The fair value indicates that the property is reasonably priced, allowing for both competitive rental rates and tenant retention in a desirable area. Buy-and-hold Investors can consider this property for a buy-and-hold strategy, as it is situated in a growing area with steady housing demand and favorable employment opportunities. Although not a bargain, its fair valuation and decent yield suggest a reliable long-term investment in a location that balances accessibility and quality of living.
Tenant turnover risk High tenant turnover is possible due to the tenant stability score of 70/100, which indicates potential challenges in maintaining consistent occupancy rates.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
