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 86 m² on the 2nd floor, built in 1991, energy rating C. Located Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: The apartment includes a balcony perfect for enjoying the afternoon sun, along with a strategically located pantry adding extra storage convenience.
The valuation. The asking price of €390,000 is significantly below the estimated fair value of €443,243, making it a solid opportunity, as it sits €53,243 (12.0%) below fair market value. Verdict: underpriced. Buy-to-flip angle. With a modest investment to update dated fixtures and enhance overall appeal, this 2-bed apartment can be resold in a thriving market, capitalizing on its fair value potential. The goal is a swift turnaround for maximum profit. Buy-to-let angle. Targeting long-term rental tenants, this property can yield an estimated monthly income of €1,138, offering a gross yield of 3.5%. The location's proximity to economic hubs positions it favorably for consistent occupancy.
Fair value modelled at €443,243 from 6 comparable sales in the area. Asking €390,000 sits €53,243 (12.0%) below — the upside to fair value.
Asking €390,000 versus the Algés, Linda-a-Velha e Cruz Quebrada-Dafundo, Oeiras, Lisbon area baseline of €435,947 (€5,069/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €435,947, adjusted for condition and micro-location, gives a modelled fair value of €443,243 (€5,154/m²), a €53,243 (12.0%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 3750cb | Subject | €390,000 | €4,535 | — | 62 | 72 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 6d54cf | Active | €385,000 | €5,203 | 14.7% | 65 | 76 |
| avenida da República, 119 | Active | €349,000 | €5,369 | 18.4% | 65 | 74 |
| Carnaxide e Queijas · 82c61c | Active | €440,000 | €5,432 | 19.8% | 65 | 81 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 3a7071 | Active | €388,000 | €5,105 | 12.6% | 65 | 70 |
| Median comp | €386,500 | €5,286 | 16.6% | 65 | 75 |
Long-term rental The 2-bed apartment in Algés presents a compelling long-term rental opportunity, given its gross yield of 3.5% and its position within a well-rated neighbourhood (72/100). With a fair value surpassing the listing price by 12.0%, this property is subvalued relative to its potential for consistent rental income. Family rental This apartment is ideal for family rentals due to its spacious layout and proximity to family-friendly amenities, enhancing tenant quality. The neighbourhood rating of 72/100 reflects the desirability for families, further strengthened by the attractive gap of 12.0% versus fair value. Buy-and-hold Investing in this property as a buy-and-hold strategy makes sense, given its subvalued price and the potential for appreciation in a Greater Lisbon suburb. With a fair value considerably higher than the listing, the apartment promises both immediate rental income and long-term capital gains despite its current condition rating of 65/100.
Tenant volatility risk With a tenant stability score of 70/100, there is a potential risk for turnover and vacancy, leading to uncertain cash flow.
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