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, 1-bathroom apartment of 95 m², built in 1993, energy rating D. Located on tapada da Mercês, Algueirão-Mem Martins parish, Sintra municipality, Lisbon district. Noteworthy Features: The apartment features two marquee balconies enhancing outdoor enjoyment and expands its natural light, while being a mere 150 meters from the train station for easy commuting. Valuation Verdict: Fair.
The valuation. The asking price of €300,000 is slightly below the fair value of €305,357, indicating a modest gap of €5,357, or 1.8%. This positions the property as fairly valued in the current market. Buy-to-flip angle. A buy-to-flip strategy could yield potential profits by enhancing the apartment's standard quality condition and leveraging upgrades for a quick resale at a higher price point. Buy-to-let angle. With an estimated rental income of €1,075/month, the gross yield of 4.3% supports a strong long-term rental strategy aimed at attracting families in the desirable Cascais region.
Fair value modelled at €313,187 from 3 comparable sales in the area. Asking €300,001 sits €13,186 (4.2%) below — the upside to fair value.
Asking €300,001 versus the tapada da Mercês area baseline of €279,100 (€2,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €279,100, adjusted for condition and micro-location, gives a modelled fair value of €313,187 (€3,297/m²), a €13,186 (4.2%) gap versus the €300,001 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| tapada da Mercês | Subject | €300,001 | €3,158 | — | 62 | 70 |
| Algueirão-Mem Martins · 19f5b1 | Active | €300,000 | €3,297 | 4.4% | 65 | 73 |
| Algueirão-Mem Martins · 0ac860 | Active | €300,000 | €3,297 | 4.4% | 58 | 73 |
| rua Capitão Salgueiro Maia | Active | €315,000 | €3,088 | 2.2% | 76 | 73 |
| Median comp | €300,000 | €3,297 | 4.4% | 65 | 73 |
Long-term rental The property in Algueirão-Mem Martins presents a fair investment opportunity for long-term rental, with a gross yield of 4.3%. Its condition rating of 67/100 and neighborhood score of 70/100 suggest a stable demand for housing, making it suitable for consistent rental income. Family rental Positioned in a suburban area with low crime rates, this 3-bed apartment can adequately cater to family rental needs, particularly given its fair market value. The combination of a decent yield and average neighborhood ratings indicates a viable living environment for families seeking longer-term leases. Buy-and-hold As an investment for buy-and-hold strategies, this property remains within a close range of its fair value at €300,000, presenting a relatively balanced opportunity. Its features and neighborhood quality support stable asset appreciation over time, though future market movements should be monitored closely.
Economic Decline Risk: With an economic stability score of 70/100, there is a moderate risk of economic downturn affecting property values and tenant retention. Tenant Instability Risk: A tenant stability score of 65/100 indicates a significant likelihood of tenant turnover, which could result in increased vacancy rates and maintenance costs.
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