Apartment in Algueirão-Mem Martins

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Overview

0-bedroom, 1-bathroom apartment of 80 m² on the 9th floor, energy rating C. Located on rua Almada Negreiros, 9, Algueirão-Mem Martins parish, Sintra municipality, Lisbon district. Noteworthy Features: This apartment boasts a spacious pantry and two solar orientations, providing excellent natural light throughout the day, ideal for energy efficiency and ambiance.

Financial Summary

The valuation. There are not enough comparable sales in Algueirão-Mem Martins yet to establish a reliable fair-value estimate. Buy-to-flip angle. Given the apartment's condition of 0/100 and location within Greater Lisbon, a strategic renovation could attract buyers looking for affordable homes in a suburban setting. Buy-to-let angle. With an estimated monthly rental income of €897, the property offers a gross yield of 3.6%, appealing to long-term landlords targeting the family rental market.

Investment Thesis

Long-term rental The property offers a gross yield of 3.6%, which is attractive in the context of the suburban Algueirão-Mem Martins area, making it a stable option for long-term rental investors. The location benefits from good connections to Greater Lisbon, suggesting a consistent demand for long-term tenants seeking proximity to urban amenities. Family rental With a neighborhood score of 67/100, the apartment is positioned well for families looking for homes in a suburban environment with access to essential amenities and good transportation links. The 80m² space provides ample room for families, making it an appealing choice in a market where family-size rentals are in demand. Buy-and-hold This property's location in a growing suburban area with good access to Lisbon suggests potential for value appreciation over time, making it a suitable candidate for a buy-and-hold investment strategy. The combination of a reasonable yield and neighborhood amenities supports a strong long-term investment outlook in this market. Not ideal for luxury market Given its current condition rated at 0/100, this apartment does not meet the expectations of the luxury market, which typically seeks high-end finishes and amenities. Investors targeting luxury properties should consider alternatives that align better with the premium tier expectations. Not ideal for student housing The property's suburban location and lack of proximity to major educational institutions make it less suitable for the student housing market. Student renters often prioritize convenience to campuses and vibrant social scenes, which this area may not offer adequately. Not ideal for short-term vacation rental The apartment’s condition and suburban setting do not align with the expectations for short-term vacation rentals, which typically require attractive features and a lively location. Without the appeal of a tourist-friendly environment, investors looking at the short-term rental market may find this property falls short of ideal standards.

Risks

Economic vulnerability due to moderate scores With an economic stability score of 65/100 and tenant stability score of 68/100, the property may face challenges in attracting and retaining long-term tenants, potentially affecting rental income stability.

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