Apartment in Oeiras e São Julião da Barra, Paço de Arcos e Caxias

Overview

1-bedroom, 2-bathroom apartment of 90 m² on the 1st floor, energy rating B. Located on rua António Sérgio, 1, Oeiras e São Julião da Barra, Paço de Arcos e Caxias parish, Oeiras municipality, Lisbon district. Noteworthy Features: The apartment boasts a spacious 6.08 m² balcony accessible from both bedrooms, enhancing outdoor living options in a well-maintained modern building with two elevators.

Financial Summary

The valuation. The asking price of €475,000 is slightly below the fair value of €505,556, representing a modest discount of €30,556 (6.0%). This property is fairly priced within the current market context.

Investment Thesis

Long-term rental The property in Oeiras e São Julião da Barra offers a gross yield of 2.6%, which is relatively low, indicating modest rental returns. With a fair value gap of 6.0% and a condition rating of 82/100, the property is adequately suited for long-term tenants seeking suburban living close to Lisbon. Family rental The spacious 90m² layout provides ample room for family living, making this apartment an appealing option for families looking to settle in this suburban area. Despite its fair pricing, the neighborhood score of 72/100 suggests there may be better family-oriented options available nearby. Buy-and-hold As a buy-and-hold investment, this property stands at a fair price with a stable condition, suggesting it can serve as a long-term asset. However, the low yield of 2.6% and underlying market conditions may limit the potential for significant capital appreciation in the near term.

Risks

Tenant turnover risk The tenant stability score of 70/100 indicates a potential for higher tenant turnover, which could lead to increased vacancy rates and associated costs for the property owner.

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