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.
3-bedroom, 2-bathroom apartment of 85 m², energy rating C. Located Algueirão-Mem Martins parish, Sintra municipality, Lisbon district. Noteworthy Features: The apartment includes direct access to two elevators and benefits from excellent sun exposure with two front-facing orientations, enhancing its natural light and ventilation. Location: Just a 2-3 minute walk to Mercês station, surrounded by essential services and shops.
The valuation. The asking price of €270,000 is above the fair value of €242,380, resulting in an overpricing of €27,620 (11.4%). This valuation suggests potential buyers may be paying a premium for the property. Buy-to-flip angle. The buy-to-flip strategy would require cosmetic upgrades to increase appeal and justifies a resale price potentially above €290,000 after renovations. This strategy seeks to capitalize on the growing market in Algueirão-Mem Martins. Buy-to-let angle. With an estimated gross yield of 4.7%, renting the property for roughly €1,058/month aligns with a buy-and-hold strategy. This offers a steady income stream, leveraging the suburb's access to Lisbon's economic opportunities.
Fair value modelled at €242,380 from 6 comparable sales in the area. Asking €270,000 sits €27,620 (11.4%) above — overpriced versus fair value.
Asking €270,000 versus the Algueirão-Mem Martins, Sintra, Lisbon area baseline of €252,160 (€2,967/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 44/100 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 €252,160, adjusted for condition and micro-location, gives a modelled fair value of €242,380 (€2,852/m²), a €27,620 (11.4%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Algueirão-Mem Martins · 13399d | Subject | €270,000 | €3,176 | — | 42 | 74 |
| rua Santos Dumont | Active | €245,000 | €2,692 | 15.2% | 40 | 71 |
| Agualva e Mira-Sintra · e40b9a | Active | €259,000 | €2,616 | 17.6% | 38 | 70 |
| praceta das Acácias, 2 | Active | €260,000 | €3,250 | 2.3% | 48 | 65 |
| Rio de Mouro · a79e1b | Active | €313,000 | €3,069 | 3.4% | 50 | 74 |
| Median comp | €259,500 | €2,881 | 9.3% | 44 | 71 |
Family rental The property in Algueirão-Mem Martins is not ideal for family rentals due to its condition rating of 44/100, which may deter potential tenants seeking quality living spaces. With a gross yield of 4.7% and a listing price above its fair value by 11.4%, the rental income does not justify the investment risk. Buy-and-hold Investing in this apartment as a buy-and-hold strategy appears questionable since it is overpriced at €270,000 compared to the fair value of €242,380. The long-term gains may not compensate for the initial investment premium, making it a less attractive proposition for investors looking for sustainable growth. Long-term rental The long-term rental market for this property is less appealing due to its 11.4% price gap from fair value, indicating that future appreciation may be limited. Additionally, the apartment’s moderate condition and average neighborhood rating may not attract a stable tenant base, further complicating its rental viability.
Potential Revenue Fluctuation The combination of an Economic Stability score of 75/100 and a Tenant Stability score of 70/100 indicates that while the property is relatively stable, there is still a risk of revenue fluctuations due to potential economic downturns or tenant turnover.
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
