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 66 m² on the 2nd floor, built in 1964, energy rating D. Located on rua Ferreira de Castro, 9 2º, Queluz e Belas parish, Sintra municipality, Lisbon district. The apartment features a cozy entrance hall that enhances space distribution, despite the localized deterioration of the entrance hallway's ceiling and walls.
The asking price of €289,500 exceeds our fair value estimate of €255,000, indicating the property is overpriced with a downside of 11.7% against the asking price. Confidence in this fair value assessment is medium.
The fair value of this property is built using a combination of two models: the Transaction model, which relies on 2,860 recorded sale prices from the municipality of Sintra, and the Adjusted asking-price model, which considers current listings adjusted to sale level. These models are blended equally, resulting in a fair value of €255,000. No conservative adjustments were applied to this property. Therefore, the asking price is above the fair value, reflecting an 11.7% downside compared to the asking price, which amounts to €34,500 above the fair value. The confidence level in this fair value assessment is medium.
Gross yield 5.1% (before costs)
This 2-bed apartment in Queluz e Belas offers a gross yield of 5.1%, which is above the national average, making it a decent investment for rental income, although the asking price of €289,500 is above the fair value of €255,000, indicating an 11.7% downside. With a condition rating of 80/100, the property is in good shape, yet its neighborhood scores only 50/100, suggesting moderate tenant quality and potential challenges in attracting high-quality tenants. Overall, while the property generates a reasonable yield for rental income, its valuation suggests caution due to the significant gap between its asking price and fair value.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property has low economic and tenant stability scores of 50/100, indicating potential vulnerabilities in attracting and retaining reliable tenants.\n\nFair value certainty risk The valuation confidence is medium, and the lack of available micro-location transaction data for this address adds uncertainty to determining the fair value of €255,000.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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