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 70 m² on the 3rd floor, energy rating D. Located on rua da Eira, 17, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: The apartment features a completely remodeled open space kitchen and abundant built-in storage, enhancing both functionality and modern living aesthetics in a cozy environment.
The valuation. The asking price is €389,000, which is €36,385 (8.6%) below the fair value of €425,385. Overall, this property is assessed as fair based on its current market position.
Fair value modelled at €425,385 from 5 comparable sales in the area. Asking €389,000 sits €36,385 (8.6%) below — the upside to fair value.
Asking €389,000 versus the rua da Eira, 17 area baseline of €361,702 (€5,167/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €361,702, adjusted for condition and micro-location, gives a modelled fair value of €425,385 (€6,077/m²), a €36,385 (8.6%) gap versus the €389,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Eira, 17 | Subject | €389,000 | €5,557 | — | 78 | 79 |
| Belém · 225d1a | Active | €520,000 | €8,667 | 56.0% | 80 | 78 |
| rua Ramalho Ortigão | Active | €360,000 | €5,455 | 1.8% | 75 | 71 |
| avenida Tomás Ribeiro, 21 | Active | €355,000 | €5,917 | 6.5% | 75 | 75 |
| rua José Duarte Pedroso, 7 | Active | €367,600 | €8,169 | 47.0% | 80 | 75 |
| Median comp | €363,800 | €7,043 | 26.7% | 78 | 75 |
Long-term rental The apartment in Algés presents a fair investment opportunity for long-term rental given its steady demand in the suburban Greater Lisbon area. With a gross yield of 3.3% and solid tenant quality, this property’s performance is aligned with the local housing market dynamics. Buy-and-hold Investing in this property for a buy-and-hold strategy could yield stable returns as the Oeiras area continues to attract tenants seeking suburban living with good public services. While showing a fair value alignment with a slight gap, the apartment's overall condition and amenities suggest it can maintain its value over time. Family rental This 2-bed apartment is well-suited for family rentals, given its favorable location and neighborhood dimensions that cater to families. With a decent condition score of 80/100, it can appeal to tenants looking for a safe and comfortable environment in the suburbs of Lisbon.
Tenant turnover risk With a tenant stability score of 70/100, there is a heightened risk of potential tenant turnover, which could lead to increased vacancy rates and costs of re-letting the property.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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