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 134 m² on the 3rd floor, built in 1988, energy rating D. Located on rua Carolina Michaelis, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: This architect-remodeled apartment boasts a uniquely spacious living area ideal for multiple environments and includes a large communal terrace for residents. Location Benefits: Close to shops, services, and public transport while maintaining a tranquil residential atmosphere in Linda-a-Velha.
The valuation. The asking price of €639,000 is positioned slightly below fair value at €695,769, representing a difference of €56,769 (8.2%). This valuation is deemed fair based on the property's attributes and market conditions.
Fair value modelled at €695,769 from 5 comparable sales in the area. Asking €639,000 sits €56,769 (8.2%) below — the upside to fair value.
Asking €639,000 versus the rua Carolina Michaelis area baseline of €622,038 (€4,642/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €622,038, adjusted for condition and micro-location, gives a modelled fair value of €695,769 (€5,192/m²), a €56,769 (8.2%) gap versus the €639,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Carolina Michaelis | Subject | €639,000 | €4,769 | — | 72 | 80 |
| praceta das Flores, 13A | Active | €595,000 | €3,606 | 24.4% | 76 | 76 |
| rua Amélia Rey Colaço, 42 | Active | €540,000 | €5,192 | 8.9% | 76 | 76 |
| rua da Eira, 16 | Active | €840,000 | €6,176 | 29.5% | 72 | 79 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 162500 | Active | €695,000 | €5,110 | 7.2% | 75 | 78 |
| Median comp | €645,000 | €5,151 | 8.0% | 76 | 77 |
Long-term rental The property in Algés is priced fairly at €639,000, close to its fair value of €695,769, indicating a stable long-term rental opportunity. With a gross yield of 3% and a well-rated neighborhood at 80/100, it appeals to families seeking suburban comfort near Lisbon. Family rental As a spacious 3-bed apartment, this property is well-suited for family rental, combining a fair market price and an inviting neighborhood score of 80/100. The good connectivity to Lisbon enhances its desirability for families looking for a suburban lifestyle while being close to city amenities. Buy-and-hold Investing in this property for a buy-and-hold strategy may prove beneficial due to its fair pricing and a solid neighborhood rating, making it a stable asset in the long term. The attractive suburban location and decent condition score of 75/100 contribute positively to holding the property over time.
Tenant turnover risk With a tenant stability score of 80/100, there is a potential risk of higher turnover rates, which could lead to increased vacancy and associated costs over time.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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