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 51 m², built in 2002, energy rating E. Located on rua Luís de Camões, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy features: The apartment includes a private terrace perfect for outdoor relaxation and is currently being remodeled, enhancing its modern appeal.
The valuation. The asking price of €290,000 is positioned slightly below the fair value of €297,248, making it a well-priced property within a narrow margin of €7,248 (2.4%). Verdict: fair. Buy-to-flip angle. The resale strategy relies on minor renovations to enhance appeal and capitalize on the property’s solid condition, aiming for a quick sale at a higher price point. Buy-to-let angle. With an estimated gross yield of 3.8% and a projected rental income of €918/month, this property presents a viable long-term rental investment opportunity in a desirable suburban area.
Fair value modelled at €297,248 from 6 comparable sales in the area. Asking €290,000 sits €7,248 (2.4%) below — the upside to fair value.
Asking €290,000 versus the rua Luís de Camões area baseline of €242,386 (€4,753/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €242,386, adjusted for condition and micro-location, gives a modelled fair value of €297,248 (€5,828/m²), a €7,248 (2.4%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Luís de Camões | Subject | €290,000 | €5,686 | — | 80 | 77 |
| largo do Galvão | Active | €310,000 | €5,636 | 0.9% | 80 | 75 |
| rua Pinto Ferreira | Active | €330,000 | €7,857 | 38.2% | 80 | 78 |
| praça Afonso de Albuquerque | Active | €395,000 | €5,486 | 3.5% | 73 | 68 |
| Carnaxide e Queijas · f46c35 | Active | €370,000 | €6,491 | 14.2% | 88 | 80 |
| Median comp | €350,000 | €6,064 | 6.6% | 80 | 77 |
Long-term rental Given that the property is priced at €290,000, which is only 2.4% below its fair value of €297,248, it is essential to consider the limited upside potential in rental yields. With a gross yield of 3.8%, investors may find this property aligns with stable income expectations, but significant appreciation might be unlikely in the near term. Family rental The suburban location offers reasonable proximity to Lisbon and access to quality schools, making it suitable for family rentals. However, with the current valuation sitting at a fair price, the property may not provide significant cost advantages compared to other investment opportunities in the area. Buy-and-hold With a fair value gap of just 2.4%, this 1-bed apartment in Algés presents a conservative buy-and-hold strategy, focusing on long-term appreciation rather than immediate profit. Investors should recognize that while the property has favorable features, its current pricing indicates limited room for future value growth based on existing market trends.
Economic and Tenant Stability Risk The property faces a moderate risk of economic downturn impacting tenant retention since both the economic stability and tenant stability scores are at 75/100, suggesting potential vulnerabilities.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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