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, 2-bathroom apartment of 100 m² on the 2nd floor, built in 1983, energy rating C. Located on avenida Carolina Michaelis, 28, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Located in a vibrant commercial gallery, the property features custom-built multimedia cabinetry and an attic storage room, enhancing both functionality and modern living appeal.
The valuation. The asking price of €475,000 is positioned 6.3% below the fair value of €507,080, indicating the property is fairly valued in the current market. This suggests a balanced opportunity for potential buyers. Buy-to-flip angle. The resale strategy could involve remodeling to enhance the property’s appeal, potentially enabling a swift flip for significant profit given the favorable market conditions. Targeting buyers seeking modern amenities could expedite the sale. Buy-to-let angle. With an estimated rental income of €1,227 per month, the gross yield stands at 3.1%, providing stable cash flow. The appealing suburban location attracts families, ensuring a steady demand for rentals in this area.
Fair value modelled at €507,080 from 6 comparable sales in the area. Asking €475,000 sits €32,080 (6.3%) below — the upside to fair value.
Asking €475,000 versus the avenida Carolina Michaelis, 28 area baseline of €434,315 (€4,343/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €434,315, adjusted for condition and micro-location, gives a modelled fair value of €507,080 (€5,071/m²), a €32,080 (6.3%) gap versus the €475,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Carolina Michaelis, 28 | Subject | €475,000 | €4,750 | — | 78 | 73 |
| rua 7 de Junho | Active | €495,000 | €5,323 | 12.1% | 80 | 80 |
| praceta Professor Alfredo de Sousa | Active | €600,000 | €4,959 | 4.4% | 75 | 69 |
| praceta Professor Alfredo de Sousa, 5 | Active | €635,000 | €5,248 | 10.5% | 78 | 71 |
| rua Antero de Quental | Active | €425,000 | €5,183 | 9.1% | 75 | 76 |
| Median comp | €547,500 | €5,216 | 9.8% | 77 | 74 |
Long-term rental The 2-bed apartment in Algés is currently listed at €475,000, which reflects a fair valuation in relation to its assessed fair value of €507,080, leaving a narrow gap of 6.3%. With a gross yield of 3.1% and a neighborhood score of 73/100, it provides a balanced investment opportunity in a suburban area. Family rental This property offers a stable option for family rental in a suburban setting, as evidenced by the fair market price of €475,000 against a fair value of €507,080. The apartment's condition score of 80/100 indicates it is well-maintained, appealing to families seeking comfortable living space. Buy-and-hold The apartment's valuation at €475,000 is fairly aligned with its market fair value of €507,080, indicating a solid buy-and-hold strategy with a 6.3% margin. The combination of a gross yield of 3.1% and the overall solid condition makes it a respectable long-term investment in the Lisbon metropolitan area.
Tenant turnover risk High tenant turnover is a concern given the tenant stability score of 65/100, which may lead to increased vacancy rates and costs associated with leasing up the property.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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