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, 1-bathroom apartment of 83 m² on the 2nd floor, built in 1974, energy rating D. Located on rua Luís de Camões, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: This apartment boasts large windows that provide ample natural light, enhancing its spacious feel despite the mid-1970s interior design. Condition Notes: Located in a residential area, it offers tranquility and proximity to local amenities.
The valuation. The asking price of €359,900 exceeds the fair value of €339,085 by €20,815, or 6.1%. Given this alignment, the property is assessed as being priced fairly. Buy-to-flip angle. A buy-and-flip strategy may yield modest returns, but the current condition and fair pricing suggest a more tempered potential for immediate resale profits. Buy-to-let angle. With an estimated rental income of €1,080/month, the property presents a gross yield of 3.6%, positioning it as a viable long-term investment for family rentals in a suburban neighborhoood.
Fair value modelled at €339,085 from 5 comparable sales in the area. Asking €359,900 sits €20,815 (6.1%) above — overpriced versus fair value.
Asking €359,900 versus the rua Luís de Camões area baseline of €342,668 (€4,129/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €342,668, adjusted for condition and micro-location, gives a modelled fair value of €339,085 (€4,085/m²), a €20,815 (6.1%) gap versus the €359,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Luís de Camões | Subject | €359,900 | €4,336 | — | 58 | 78 |
| travessa Pinto Correia, 11 | Active | €305,000 | €4,552 | 5.0% | 63 | 81 |
| rua São João de Deus | Active | €335,000 | €4,085 | 5.8% | 70 | 72 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 1e6153 | Active | €280,000 | €3,784 | 12.7% | — | 71 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 144085 | Active | €425,000 | €4,337 | 0% | 71 | 76 |
| Median comp | €320,000 | €4,211 | 2.9% | 70 | 74 |
Long-term rental The 2-bed apartment in Algés provides a stable long-term rental opportunity with a gross yield of 3.6%, indicating adequate rental returns in a suburban area suitable for families. However, the property's price of €359,900 reflects a fair valuation compared to the estimated fair value of €339,085, limiting potential upside in appreciation. Buy-and-hold Investing in this property for a buy-and-hold strategy could yield steady returns due to the neighborhood's high score of 78/100, which indicates a family-friendly environment with good amenities. Nonetheless, the purchase price aligns with its fair value, suggesting that while it may not lose value, significant appreciation is not expected. Family rental This apartment is well-positioned as a family rental, appealing to tenants seeking commuting options to Lisbon while enjoying suburban living. While the condition rating of 63/100, paired with a fair value pricing, suggests that it is an acceptable investment, the lack of potential for a bargain could limit immediate attractiveness to prospective rental families.
Economic Vulnerability With an economic stability score of 80/100, there is a moderate risk of economic downturns impacting rental demand and property values. Tenant Stability Risk The tenant stability score of 75/100 indicates potential fluctuations in tenant occupancy, which may result in short-term vacancies affecting cash flow.
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