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 duplex of 136 m², built in 1988, energy rating C. Located on largo Pirâmide, 3, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: This duplex boasts a unique attic conversion with direct staircase access, adding significant usable space to the home and enhancing its overall appeal.
The valuation. The asking price of €520,000 sits €35,143 (6.3%) below the fair value of €555,143, making it a fair transaction for potential buyers. This suggests an attractive opportunity for those seeking value in the current market. Buy-to-flip angle. The resale strategy involves enhancing the property’s appeal through minor renovations, allowing for a potential profitable exit at a higher market price after a short-term hold. This could capitalize on the positive local market dynamics. Buy-to-let angle. The rental income strategy estimates a gross yield of 3.6% based on an expected monthly rental income of approximately €1,560, suitable for long-term family rentals. The suburban setting and quality finishes are appealing for stable tenants.
Fair value modelled at €555,143 from 6 comparable sales in the area. Asking €520,000 sits €35,143 (6.3%) below — the upside to fair value.
Asking €520,000 versus the largo Pirâmide, 3 area baseline of €433,484 (€3,187/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €433,484, adjusted for condition and micro-location, gives a modelled fair value of €555,143 (€4,082/m²), a €35,143 (6.3%) gap versus the €520,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| largo Pirâmide, 3 | Subject | €520,000 | €3,824 | — | 90 | 69 |
| Carnaxide e Queijas · b32b8a | Active | €599,000 | €3,941 | 3.1% | 75 | 79 |
| Carnaxide e Queijas · 25f484 | Active | €515,000 | €3,872 | 1.3% | 75 | 77 |
| praceta António Enes, 1 | Active | €495,000 | €3,667 | 4.1% | 74 | 77 |
| rua Eça de Queiroz | Active | €390,000 | €4,239 | 10.9% | 72 | 77 |
| Median comp | €505,000 | €3,907 | 2.2% | 75 | 77 |
Long-term rental This property offers a gross yield of 3.6%, making it a stable option for long-term rental investments. However, with a fair value at €555,143, the market price of €520,000 indicates it is fairly priced, reflecting expectations of modest appreciation. Buy-and-hold Investing in this duplex allows for potential long-term appreciation given the positive proximity to Lisbon and a solid condition rating of 82/100. At a fair value of €555,143, the current price of €520,000 suggests a reasonable entry point for a buy-and-hold strategy. Family rental This 3-bed duplex is well-suited for family rentals due to its adequate space and favorable neighborhood characteristics, such as low crime rates. Priced at €520,000, it aligns closely with its fair value of €555,143, making it a sound option for family-oriented tenants without being overpriced.
Economic Vulnerability With an economic stability score of 70/100, there is a risk that fluctuations in the local economy could negatively impact property values; additionally, a tenant stability score of 65/100 suggests that tenants may not provide consistent rental income, further increasing financial uncertainty.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit