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 76 m² on the 2nd floor, built in 1978, energy rating C. Located on rua João Chagas, 145, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: This apartment features granite countertops that beautifully complement the polished parquet flooring, enhancing its appeal in the heart of a quiet residential neighborhood.
The valuation. The asking price of €405,000 is considerably below the fair value of €464,352, representing a discount of €59,352 (12.8%). This positions the property as an attractive opportunity for potential investors.
Fair value modelled at €464,352 from 6 comparable sales in the area. Asking €405,000 sits €59,352 (12.8%) below — the upside to fair value.
Asking €405,000 versus the rua João Chagas, 145 area baseline of €413,875 (€5,446/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €413,875, adjusted for condition and micro-location, gives a modelled fair value of €464,352 (€6,110/m²), a €59,352 (12.8%) gap versus the €405,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua João Chagas, 145 | Subject | €405,000 | €5,329 | — | 76 | 78 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 5ed14d | Active | €395,000 | €6,077 | 14.0% | 77 | 69 |
| rua Latino Coelho | Active | €320,000 | €6,275 | 17.7% | 80 | 72 |
| Belém · 25f574 | Active | €425,000 | €5,903 | 10.8% | 72 | 76 |
| Carnaxide e Queijas · 375121 | Active | €430,000 | €6,143 | 15.3% | 74 | 74 |
| Median comp | €410,000 | €6,110 | 14.7% | 76 | 73 |
Long-term rental The 2-bed apartment in Algés appears to be positioned well for long-term rental given its price of €405,000, which is 12.8% below the fair value of €464,352. With a yield of 3.2%, it can provide steady returns while capitalizing on the area's suburban appeal and transport links to Lisbon. Buy-and-hold This property serves as a solid buy-and-hold investment, 12.8% under fair value, indicating potential for appreciation over time. The neighbourhood's 78/100 rating suggests a stable tenant base, making it an attractive long-term asset. Family rental The 2-bed apartment is particularly suited for family rental, taking advantage of the suburban setting and good local amenities. Its competitive pricing, at a 12.8% discount to fair value, makes it an appealing choice for families looking for a comfortable living space near Lisbon. Not ideal for Although the property has merits, it is not suitable for short-term vacation rental or luxury market investments given the current price point. Furthermore, its potential as student housing is limited due to its family-oriented appeal and the nature of the local market.
Tenant turnover risk The tenant stability score of 70/100 indicates a potential for higher turnover, which may result in increased vacancy rates and associated costs over time.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit