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.
1-bedroom, 1-bathroom apartment of 45 m² on the 1st floor, built in 1980, energy rating C. Located Queluz e Belas parish, Sintra municipality, Lisbon district. Noteworthy Features: The apartment includes a partially enclosed balcony, offering versatility for expansion and creating additional living space, along with proximity to the historic National Palace of Queluz.
The valuation. The asking price of €240,000 sits significantly above the calculated fair value of €170,302, representing an excessive premium of €69,698 (40.9%). Verdict: overpriced.
Fair value modelled at €170,302 from 6 comparable sales in the area. Asking €240,000 sits €69,698 (40.9%) above — overpriced versus fair value.
Asking €240,000 versus the Queluz e Belas, Sintra, Lisbon area baseline of €176,301 (€3,918/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 38/100 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 €176,301, adjusted for condition and micro-location, gives a modelled fair value of €170,302 (€3,784/m²), a €69,698 (40.9%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Queluz e Belas · 829066 | Subject | €240,000 | €5,333 | — | 40 | 68 |
| Falagueira-Venda Nova · b7c3ac | Active | €219,000 | €3,776 | 29.2% | 42 | 76 |
| avenida do Brasil, 29 | Active | €219,000 | €4,056 | 24.0% | 42 | 74 |
| avenida do Brasil | Active | €220,000 | €3,793 | 28.9% | 40 | 80 |
| avenida do Brasil | Active | €219,000 | €3,776 | 29.2% | 42 | 74 |
| Median comp | €219,000 | €3,785 | 29.0% | 42 | 75 |
Family rental The property is not an ideal option for a family rental due to its subpar condition score of 38/100, which may deter potential tenants looking for higher-quality living spaces. Additionally, with a significant gap of 40.9% above fair value, it may be challenging to justify the rental price in this market. Long-term rental Offering a 3.9% gross yield, the long-term rental strategy could lead to lower returns given the 40.9% gap from fair value, indicating the property is overpriced. Furthermore, the neighbourhood's score of 68/100 suggests moderate tenant quality, which may not sustain demand at the current price point. Buy-and-hold The buy-and-hold strategy is less attractive due to the significant overpricing of the asset, with a fair value of €170,302 compared to the listing price of €240,000. Holding this property could yield a decline in equity as market conditions potentially correct the inflated valuation, limiting overall profitability.
Economic fluctuation risk With an economic stability score of 70/100, fluctuations in the local economy could impact property values, while the tenant stability score of 65/100 indicates potential challenges in tenant retention or demand.
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