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 110 m², energy rating D. Located on avenida dos Bombeiros Voluntários S / N, Algueirão-Mem Martins parish, Sintra municipality, Lisbon district. Noteworthy Features: The apartment features a garage box of 27 m², providing ample storage and parking space, which is a rare find in this area of Algueirão-Mem Martins.
The valuation. The asking price of €355,000 is above the fair value of €322,653, representing an excess of €32,347 (10.0%). While the investment is considered fair, potential buyers should be cautious about future appreciation.
Fair value modelled at €322,653 from 6 comparable sales in the area. Asking €355,000 sits €32,347 (10.0%) above — overpriced versus fair value.
Asking €355,000 versus the avenida dos Bombeiros Voluntários S / N area baseline of €288,416 (€2,622/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €288,416, adjusted for condition and micro-location, gives a modelled fair value of €322,653 (€2,933/m²), a €32,347 (10.0%) gap versus the €355,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida dos Bombeiros Voluntários S / N | Subject | €355,000 | €3,227 | — | 60 | 76 |
| rua Professor Agostinho da Silva | Active | €353,000 | €2,893 | 10.3% | 65 | 73 |
| Rio de Mouro · 6a957b | Active | €330,000 | €2,973 | 7.9% | 60 | 69 |
| rua Manuel de Arriaga | Active | €370,000 | €3,627 | 12.4% | — | 64 |
| rua Domingos da Cunha | Active | €349,000 | €2,837 | 12.1% | 67 | 76 |
| Median comp | €351,000 | €2,933 | 9.1% | 65 | 71 |
Long-term rental This property in Algueirão-Mem Martins offers a gross yield of 4.3%, aligning with the strong demand in the suburban area near Lisbon. Given the fair valuation of €355,000, it presents a reasonable opportunity for stable rental income without the risk of overvaluation. Buy-and-hold With a fair market value of €322,653, this 3-bed apartment has potential for appreciation in a diverse employment market near tech hubs. While the condition rating of 63/100 indicates some need for updates, investors can expect reasonable value retention in a neighborhood rated 76/100. Family rental This apartment's location and neighborhood ratings suggest strong suitability for family renters, supported by the safety typical of suburban areas in Portugal. However, with a price tag of €355,000, the investment should focus on long-term stability rather than immediate returns, considering it is priced fairly at the market. Not ideal for short-term vacation rental While Algueirão-Mem Martins benefits from strong demand, it does not cater to the short-term vacation rental market, which typically requires prime locations. This property’s suburban setting and fair pricing indicate that it might not yield expected returns for this strategy. Not ideal for student housing The proximity to commercial hubs does not guarantee appeal to the student market, as the area lacks direct university access. As such, investing in this property for student housing could lead to lower-than-expected occupancy rates.
Tenant turnover risk The tenant stability score of 70/100 indicates a potential for higher tenant turnover, which can lead to increased vacancy rates and associated costs.
Year 1, before income tax (IRS or IRC). Includes IMT, stamp duty, IMI and AIMI for a resident individual. Estimate: check with your accountant.
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