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 78 m² on the 4th floor, energy rating C. Located on avenida Carolina Michaelis, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Feature: The apartment includes a functional closed balcony offering unobstructed views over the tree canopies, enhancing natural light and potential as an additional living space.
The valuation. The asking price of €390,000 sits 5.4% below the fair value of €412,305. This property is fairly valued, indicating a good opportunity for buyers not seeking immediate discounts.
Fair value modelled at €412,305 from 6 comparable sales in the area. Asking €390,000 sits €22,305 (5.4%) below — the upside to fair value.
Asking €390,000 versus the avenida Carolina Michaelis area baseline of €388,667 (€4,983/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 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 €388,667, adjusted for condition and micro-location, gives a modelled fair value of €412,305 (€5,286/m²), a €22,305 (5.4%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Carolina Michaelis | Subject | €390,000 | €5,000 | — | 72 | 79 |
| estrada das Biscoiteiras | Active | €460,000 | €4,742 | 5.2% | 75 | 79 |
| avenida da República, 119 | Active | €349,000 | €5,369 | 7.4% | 65 | 74 |
| rua de Pedrouços | Active | €725,000 | €6,144 | 22.9% | 72 | 77 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 6d54cf | Active | €385,000 | €5,203 | 4.1% | 65 | 76 |
| Median comp | €422,500 | €5,286 | 5.7% | 69 | 77 |
Long-term rental The property offers a gross yield of 3.4%, which aligns with the steady demand in the real estate market of Oeiras. Given the neighborhood's rating of 79/100, it is positioned well for stable rental income but does not present a significant upside potential. Buy-and-hold While the fair value is slightly above the listing price at €412,305, the property remains a fair investment, considering the consistent real estate market in the area. Future appreciation may be limited as the current valuation already reflects its stable condition and neighborhood desirability. Family rental With a solid neighborhood rating and proximity to Lisbon, this property is suitable for family rentals, yet it will operate within a competitive market landscape. Though it represents a balanced investment opportunity, it lacks the differentiation needed for significant rental premium potential. Not ideal for luxury market The property does not cater to the luxury market demand, as evidenced by its fair valuation and modest condition score of 71/100. Investors should note that its features and pricing do not align with premium property expectations. Not ideal for short-term rental The apartment may fall short for short-term rental investors due to its fair market valuation and a lack of unique characteristics that appeal to tourists. The property’s performance in this segment would likely be hindered by competition and occupancy rates typical of standard residential rentals.
Tenant turnover risk High tenant turnover could occur due to a tenant stability score of only 75/100, potentially leading to increased vacancy rates and higher costs associated with re-letting the property.
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