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 81 m² on the 2nd floor, energy rating D. Located on rua Alegre, 37, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: This apartment uniquely includes a pantry, enhancing functionality for storage, which is rare in residential units of this size in the area.
The valuation. The asking price of €386,000 is positioned €53,933 (12.3%) below the fair value of €439,933, indicating this property is underpriced. This presents a compelling option for investors looking to capitalize on market opportunities.
Fair value modelled at €439,933 from 6 comparable sales in the area. Asking €386,000 sits €53,933 (12.3%) below — the upside to fair value.
Asking €386,000 versus the rua Alegre, 37 area baseline of €359,488 (€4,438/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €359,488, adjusted for condition and micro-location, gives a modelled fair value of €439,933 (€5,431/m²), a €53,933 (12.3%) gap versus the €386,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Alegre, 37 | Subject | €386,000 | €4,765 | — | 86 | 71 |
| rua Doutor António Granjo | Active | €362,500 | €5,035 | 5.7% | 80 | 74 |
| Carnaxide e Queijas · f5eb89 | Active | €345,000 | €5,074 | 6.5% | 78 | 81 |
| rua Cesário Verde, 3 | Active | €360,000 | €5,902 | 23.8% | 84 | 71 |
| avenida Ivens | Active | €350,000 | €6,604 | 38.6% | 84 | 74 |
| Median comp | €355,000 | €5,488 | 15.2% | 82 | 74 |
Long-term rental The 2-bed apartment in Algés is an attractive opportunity for long-term rental, given its fair value of €439,933 compared to the listing price of €386,000, indicating a gap of 12.3%. With strong housing demand in the Greater Lisbon area and a gross yield of 3.5%, investors can anticipate stable cash flow and capital appreciation over time. Family rental This property is well-positioned for family rental, benefiting from its spacious 81m² layout and Good condition rating of 82/100. Families are likely to appreciate its proximity to Lisbon and local amenities, contributing to a steady tenant base in an area where housing demand remains strong. Buy-and-hold The buy-and-hold strategy is suitable for this property, as its listing price reflects a significant discount to its fair value, making it a solid asset for long-term appreciation. Given the stable economic environment of the Greater Lisbon area, the property is likely to yield positive returns over time, enhancing an investor's portfolio. Not ideal for short-term vacation rental The property is not suited for a short-term vacation rental strategy, as the stability and appeal necessary for that market may not be present in Algés. The 3.5% gross yield suggests it’s better aimed at longer occupancy rather than the fluctuating demands of vacation rentals. Not ideal for luxury market Investing in the luxury market with this property may not be advantageous, given that it does not meet the high standards typically sought after in luxury accommodations. The average neighborhood rating of 71/100 indicates that the property might not attract high-end clientele looking for upscale options. Not ideal for student housing This apartment is not an ideal fit for the student housing market, as its location in Algés may not provide the vibrancy or accessibility required to attract transient student populations. Additionally, the low yield of 3.5% suggests that the property may not deliver the returns that typically attract investors in the student rental sector.
Tenant turnover risk The tenant stability score of 65/100 indicates a potential for higher turnover, which may lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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