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 80 m² on the 3rd floor, built in 1974, energy rating C. Located on rua 1º de Maio, 16, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. This apartment features a lateral view of the river, complemented by high-quality finishes that elevate the overall aesthetic beyond typical 1974 construction standards.
The asking price of €398,000 is effectively in line with the fair value of €397,000, indicating a minimal downside of €1,000 or 0.2% versus the asking price. The estimated gross yield stands at 4.2%, with a projected monthly rental income of approximately €1,393.
The asking price is in line with the fair value. This property's fair value is assessed using a blend of the Transaction model, based on 271 recent sales in Algés, which carries a weight of 55%, and the Adjusted asking-price model, accounting for current listings at 45%. Conservative adjustments were not applied to this property. The resulting fair value is €397,000, which is €1,000 (0.2%) below the asking price of €398,000. Confidence in this assessment is high.
Gross yield 4.2% (before costs)
No specific strategy stands out for this property.
Investors should weigh the asking price of €398,000 against the fair value of €397,000, noting that there is a 0.2% downside versus the asking price. The property is in good condition with a score of 82/100, while its location benefits from proximity to Lisbon, offering good amenities and low crime. Overall, the asking price is in line with the fair value, presenting a cautious investment opportunity.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk Given that both economic stability and tenant stability scores are at 80/100, there might be a potential for a sudden decline in either score, adversely affecting rental income and tenant retention.
Grade AFindings: 0
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Models 3.4.3 (Data quality v3 · Valuation v4.1 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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