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 109 m² on the 1st floor, energy rating E. Located on largo Maria Leonor, 4, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: The apartment boasts a private balcony accessible from the living area, enhancing its appeal with outdoor space for relaxation and entertainment. Condition Notes: The living area offers comfortable furnishings, creating a cozy atmosphere for family gatherings.
The valuation. The asking price of €565,000 exceeds the fair value of €519,509 by €45,491 (8.8%). The property is considered to be fairly priced given its listed condition and neighborhood characteristics.
Fair value modelled at €519,509 from 6 comparable sales in the area. Asking €565,000 sits €45,491 (8.8%) above — overpriced versus fair value.
Asking €565,000 versus the largo Maria Leonor, 4 area baseline of €484,707 (€4,447/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €484,707, adjusted for condition and micro-location, gives a modelled fair value of €519,509 (€4,766/m²), a €45,491 (8.8%) gap versus the €565,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| largo Maria Leonor, 4 | Subject | €565,000 | €5,183 | — | 68 | 78 |
| estrada do Zambujal | Active | €395,000 | €3,292 | 36.5% | 70 | 73 |
| Carnaxide e Queijas · ee8928 | Active | €566,000 | €5,009 | 3.4% | 70 | 75 |
| Carnaxide e Queijas · 4d4060 | Active | €481,000 | €4,581 | 11.6% | 72 | 78 |
| Carnaxide e Queijas · 467ff7 | Active | €380,000 | €5,352 | 3.3% | 52 | 79 |
| Median comp | €438,000 | €4,795 | 7.5% | 70 | 77 |
Long-term rental This property is positioned well for long-term rental given its proximity to metro access and good neighborhood rating of 78/100. However, with a fair value of €519,509 and a yield of only 3.2%, investors should be mindful that the property is fairly priced and may not yield significant capital appreciation. Family rental The spacious 3-bed layout and suburban location make this apartment an attractive option for families looking for long-term rental options. Nonetheless, with a fair valution at €519,509 and the property rated only 66/100 in condition, it is essential to consider that the investment is fairly positioned, potentially limiting its attractiveness in a competitive rental market. Value-add renovation While the property's current condition scores a 66/100, which presents opportunities for value-add renovations, the fair value pricing at €519,509 may limit potential returns. As the investment is classified as fair, any planned renovation should be evaluated carefully to ensure it aligns with overall market expectations and financial objectives.
Economic Dependency Risk: With an economic stability score of 85/100, there is a reliance on favorable conditions which could be impacted by regional economic downturns, posing a risk to tenant retention as indicated by the lower tenant stability score of 70/100.
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