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 102 m² on the 5th floor, built in 1977. Located on rua Vasco da Gama, 21, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: This property includes a generous U-shaped hall and a pantry in the kitchen, enhancing both its functionality and storage capabilities.
The valuation. The asking price of €450,000 is €43,388 (10.7%) above the fair value of €406,612, indicating that the property is overpriced. This discrepancy suggests that potential buyers should proceed with caution and thoroughly evaluate their investment decision.
Fair value modelled at €406,612 from 6 comparable sales in the area. Asking €450,000 sits €43,388 (10.7%) above — overpriced versus fair value.
Asking €450,000 versus the rua Vasco da Gama, 21 area baseline of €447,828 (€4,390/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 52/100 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 €447,828, adjusted for condition and micro-location, gives a modelled fair value of €406,612 (€3,986/m²), a €43,388 (10.7%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Vasco da Gama, 21 | Subject | €450,000 | €4,412 | — | 55 | 77 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 9567c0 | Active | €385,000 | €4,326 | 1.9% | 50 | 80 |
| Alfragide · 15e1cc | Active | €380,000 | €3,304 | 25.1% | 65 | 78 |
| avenida Duque Loulé | Active | €475,000 | €4,025 | 8.8% | 68 | 75 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · b7c0ec | Active | €375,000 | €3,947 | 10.5% | 65 | 80 |
| Median comp | €382,500 | €3,986 | 9.7% | 65 | 79 |
Long-term rental This property is overpriced by 10.7% compared to its fair value, making it a less attractive option for long-term rental investments. With a gross yield of only 3.5% and a mediocre condition rating of 52/100, investors may struggle to achieve satisfactory returns. Family rental While the neighborhood scores high with a rating of 77/100, the apartment's price tag does not reflect its fair value, being 10.7% above what is justified. Potential family tenants might be deterred by its condition score of 52/100, which could limit the property's rental appeal. Buy-and-hold The current valuation of €450,000 positions the property as overpriced, which could hinder long-term investment gains in a potentially stagnant market. Investors focusing on a buy-and-hold strategy should reconsider, given the limited yield of 3.5% and the necessity for future capital improvements to enhance tenant satisfaction. Not ideal for: Short-term rental, Student housing, Luxury market
Economic Vulnerability The property faces economic vulnerability due to its lower tenant stability score of 75/100, which may indicate potential challenges in maintaining occupancy rates and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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