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.
4-bedroom, 3-bathroom apartment of 140 m² on the 1st floor, built in 1981. Located on avenida Bombeiros Voluntários de Algés, 46, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: The apartment's spacious layout includes a balcony that enhances outdoor living, while high-quality kitchen finishes and a renovated bathroom provide modern comfort amidst a functional design.
The valuation. The asking price of €590,000 aligns closely with fair value at €588,889, suggesting that this property is fairly priced with only a slight margin of €1,111 (0.2%). Buy-to-flip angle. The resale strategy focuses on minor renovations to enhance visual appeal and market value, targeting a quick return on investment once the property is listed again at a higher price. Buy-to-let angle. With an estimated rental income of €1,573/month, the gross yield stands at 3.2%, making this property a viable long-term rental opportunity appealing to families in the area.
Fair value modelled at €588,889 from 5 comparable sales in the area. Asking €590,000 sits €1,111 (0.2%) above — overpriced versus fair value.
Asking €590,000 versus the avenida Bombeiros Voluntários de Algés, 46 area baseline of €485,880 (€3,471/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €485,880, adjusted for condition and micro-location, gives a modelled fair value of €588,889 (€4,206/m²), a €1,111 (0.2%) gap versus the €590,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Bombeiros Voluntários de Algés, 46 | Subject | €590,000 | €4,214 | — | 72 | 75 |
| Carnaxide e Queijas · f46cc5 | Active | €795,000 | €4,206 | 0.2% | 74 | 79 |
| Belém · 4a451b | Active | €790,000 | €5,267 | 25.0% | 75 | 71 |
| praça João de Deus | Active | €520,000 | €4,127 | 2.1% | 74 | 75 |
| Carnaxide e Queijas · 4ba643 | Active | €545,000 | €3,733 | 11.4% | 72 | 79 |
| Median comp | €667,500 | €4,167 | 1.1% | 74 | 77 |
Long-term rental The property’s gross yield of 3.2% aligns with the neighborhood's stability, making it a reasonable option for steady income generation. Given that the price is at fair value, it offers moderate investment appeal without significant upside potential. Family rental The apartment’s 4-bed configuration and overall neighborhood quality are attractive for family tenants, catering well to demand in suburban settings. While priced at fair value, this strategy can provide reliable occupancy, albeit with limited room for appreciation. Buy-and-hold Holding this property could benefit from the long-term stability of the Oeiras region, given its integration with Lisbon’s economic environment. Since the property is valued at fair, it offers a balanced risk-reward profile for investors looking at a passive investment strategy.
Potential Tenant Turnover Risk There is a risk of tenant turnover given the tenant stability score of 70/100, indicating potential fluctuations in rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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