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 122 m², built in 2021, energy rating A. Located on rua da Algas, 11, Lourinhã e Atalaia parish, Lourinhã municipality, Lisbon district. Noteworthy Features: The property boasts a magnificent L-shaped terrace, equipped with a built-in barbecue and outdoor lighting, ideal for hosting gatherings just steps from Praia da Areia Branca.
The valuation. The asking price of €645,000 sits significantly above the fair value of €368,687, representing an excess of €276,313 (74.9%). This property is clearly overpriced in the current market.
Fair value modelled at €368,687 from 6 comparable sales in the area. Asking €645,000 sits €276,313 (74.9%) above — overpriced versus fair value.
Asking €645,000 versus the rua da Algas, 11 area baseline of €303,691 (€2,489/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 €303,691, adjusted for condition and micro-location, gives a modelled fair value of €368,687 (€3,022/m²), a €276,313 (74.9%) gap versus the €645,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Algas, 11 | Subject | €645,000 | €5,287 | — | 85 | 55 |
| rua Dom Lourenço Vicente | Active | €499,000 | €3,261 | 38.3% | 70 | 53 |
| Lourinhã e Atalaia · 38a521 | Active | €640,000 | €2,783 | 47.4% | 76 | 56 |
| Lourinhã e Atalaia · 4680d5 | Active | €345,000 | €3,833 | 27.5% | 85 | 52 |
| alameda Nuno de Brion | Active | €340,000 | €2,345 | 55.6% | 68 | 58 |
| Median comp | €422,000 | €3,022 | 42.8% | 73 | 55 |
Long-term rental The 3-bed apartment in Lourinhã is currently overpriced with a listing price of €645,000, which is 74.9% above its fair value of €368,687. With a gross yield of only 2.4%, the return on investment is insufficient given the economic slowdowns typical of rural areas. Buy-and-hold Despite the potential for appreciation over time, the significant gap of 74.9% between the listing price and fair value makes this property a questionable investment for long-term holding. The low yield of 2.4%, combined with an average neighborhood score of 55/100, further diminishes the attractiveness of this strategy. Not ideal for Luxury market This property does not meet the standards typically expected in the luxury market, especially when considering its rural setting and reliance on local agriculture. Additionally, the condition rating of 84/100 does not compensate for the high price point when compared to local market conditions. Not ideal for Short-term vacation rental Due to its substantial overpricing and rural context, this apartment is not well suited for short-term vacation rentals where competitive pricing is crucial. The average neighborhood score, combined with a low yield, suggests limited appeal to potential short-term tenants.
Economic Instability Risk The economic stability score of 50/100 indicates a high risk of market fluctuations that could affect property values and rental demand.
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