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 95 m² on the 8th floor, built in 1998, energy rating C. Located Algueirão-Mem Martins parish, Sintra municipality, Lisbon district. Noteworthy Features: This apartment includes a cozy living room with a fireplace, enhancing warmth and ambiance, and is conveniently located just 450 meters from the Tapada das Mercês train station.
The valuation. The asking price of €299,000 is slightly above the fair value of €288,191, representing a difference of €10,809 (3.8%). This property is thus fairly valued in the current market conditions.
Fair value modelled at €288,191 from 6 comparable sales in the area. Asking €299,000 sits €10,809 (3.8%) above — overpriced versus fair value.
Asking €299,000 versus the Algueirão-Mem Martins, Sintra, Lisbon area baseline of €247,381 (€2,604/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €247,381, adjusted for condition and micro-location, gives a modelled fair value of €288,191 (€3,034/m²), a €10,809 (3.8%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Algueirão-Mem Martins · f10aea | Subject | €299,000 | €3,147 | — | 72 | 70 |
| rua Florbela Espanca | Active | €320,000 | €2,689 | 14.6% | 72 | 73 |
| Algueirão-Mem Martins · 023b26 | Active | €315,700 | €2,794 | 11.2% | 73 | 72 |
| rua da Azenha, 17 | Active | €299,800 | €3,945 | 25.3% | 78 | 82 |
| avenida Casal Ribeiro, 12 | Active | €250,000 | €3,086 | 1.9% | 72 | 68 |
| Median comp | €307,750 | €2,940 | 6.6% | 73 | 73 |
Long-term rental The property presents a stable opportunity for long-term rental income with a gross yield of 3.7%, aligning with the market dynamics of Algueirão-Mem Martins. Given its fair valuation at €299,000, it is well-positioned for consistent tenancy within a suburban area that provides reasonable amenities. Family rental As a 2-bed apartment in a generally safe suburban neighborhood, this property is ideal for family rentals catering to tenants seeking proximity to Lisbon. The apartment's fair value of €299,000 supports its attractiveness to families looking for comfortable living spaces without overextending their budget. Buy-and-hold This 2-bed apartment serves as a viable buy-and-hold investment, given its fair value of €299,000 and gross yield of 3.7%. The property benefits from its location near Lisbon, making it suitable for future appreciation despite current market conditions indicating stability rather than immediate gains.
Tenant turnover risk High tenant turnover is a concern given the tenant stability score of 60/100, indicating potential volatility in rental income and increased costs related to vacating units and finding new tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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