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, 4-bathroom apartment of 290 m² on the 4th floor, energy rating C. Located on rua Algés, 4, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: This triplex apartment boasts expansive sea and river views from all bedrooms, along with a unique design element of high ceilings that enhance its spaciousness.
The valuation. The asking price of €1,950,000 is positioned just below the fair value of €2,110,080, indicating a slight undervaluation of €160,080 (7.6%). Verdict: fair. Buy-to-flip angle. The buy-to-flip strategy focuses on enhancing the property's high-end features to appeal to affluent buyers, potentially achieving quick resale profits in the desirable Lisbon Metropolitan Area. Buy-to-let angle. A buy-to-let approach anticipates generating a monthly rental income of approximately €3,412, resulting in a gross yield of 2.1%, making it a viable long-term investment for family rentals in a mixed neighbourhood.
Fair value modelled at €2,059,659 from 5 comparable sales in the area. Asking €1,950,000 sits €109,659 (5.3%) below — the upside to fair value.
Asking €1,950,000 versus the Algés, Linda-a-Velha e Cruz Quebrada-Dafundo, Oeiras, Lisbon area baseline of €1,819,167 (€6,273/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €1,819,167, adjusted for condition and micro-location, gives a modelled fair value of €2,059,659 (€7,102/m²), a €109,659 (5.3%) gap versus the €1,950,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 2ce093 | Subject | €1,950,000 | €6,724 | — | 84 | 73 |
| escadinhas do Alto do Restelo, 2 | Active | €1,250,000 | €7,102 | 5.6% | 75 | 75 |
| estrada da Cruz, 21A | Active | €1,100,000 | €5,000 | 25.6% | 72 | 76 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · a8ed7a | Active | €1,490,000 | €7,450 | 10.8% | 82 | 69 |
| Belém · 831858 | Active | €1,250,000 | €7,102 | 5.6% | 74 | 77 |
| Median comp | €1,250,000 | €7,102 | 5.6% | 75 | 76 |
Long-term rental The 3-bed apartment in Algés offers a gross yield of 2.1%, which is relatively low for long-term rental investments. However, with a fair value of €2,110,080, the property remains competitively priced within the Lisbon Metropolitan Area. Family rental Given its spacious layout of 290m², this apartment is well-suited for family rentals, appealing to tenants looking for comfortable living arrangements. The neighbourhood score of 73/100 suggests a reasonably good environment for families, although it may not stand out compared to other options in the region. Buy-and-hold Acquiring this property for a buy-and-hold strategy could be tactically sound, given its fair market positioning and decent demand in the Lisbon area. The condition rating of 80/100 indicates that it requires minimum investment to maintain, making it a practical choice for long-term holding. Not ideal for: Short-term vacation rental The apartment's location and gross yield of 2.1% do not favor short-term vacation rentals, which typically require higher yields to be viable. The competitive vacation rental market in Lisbon also suggests that this property may struggle to attract the necessary tenant turnover. Not ideal for: Student housing With a family-oriented layout and a score of 73/100 for the neighbourhood, the apartment is not well-suited for student housing investments. The demographic profile and amenities available in the area do not align with typical student needs, limiting rental potential in that segment.
Potential Economic Downturn The economic stability score of 70 suggests there may be vulnerabilities in the local market which could impact rental income stability and property value.
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