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 penthouse of 71 m². Located Carnaxide e Queijas parish, Oeiras municipality, Lisbon district. Noteworthy Features: The penthouse boasts a private rooftop terrace with panoramic views, ideal for outdoor entertaining or relaxation, enhancing its appeal for both personal and investment purposes.
The valuation. The asking price of €385,000 is €17,205 (4.5%) above the fair value of €367,795, indicating that the property is overpriced in the current market. Buy-to-flip angle. A resale strategy could target profitable renovations, capitalizing on the penthouse's high-quality materials and modern finishes to attract buyers. Buy-to-let angle. Estimated rental income of €1,059/month offers a gross yield of 3.3%, making it feasible for long-term tenants seeking suburban living near Lisbon.
Fair value modelled at €367,795 from the area baseline, adjusted for condition and location. Asking €385,000 sits €17,205 (4.5%) above — overpriced versus fair value.
Asking €385,000 versus the Carnaxide e Queijas, Oeiras, Lisbon area baseline of €325,109 (€4,579/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 85 · Materials 84 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Carnaxide e Queijas, Oeiras, Lisbon
Area baseline €325,109 + condition +€8,875 + location +€33,811 = modelled fair value of €367,795 (€5,180/m²), a €17,205 (4.5%) gap versus the €385,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carnaxide e Queijas · 99f47c | Subject | €385,000 | €5,423 | — | 85 | 76 |
| rua Cesário Verde, 3 | Active | €360,000 | €5,902 | 8.8% | 84 | 71 |
| avenida Ivens | Active | €350,000 | €6,604 | 21.8% | 84 | 74 |
| Carnaxide e Queijas · ac99d9 | Active | €340,000 | €5,667 | 4.5% | 75 | 74 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 82c79f | Active | €380,000 | €4,750 | 12.4% | 70 | 72 |
| Median comp | €355,000 | €5,785 | 6.7% | 80 | 73 |
Long-term rental The 2-bed penthouse in Carnaxide e Queijas is overpriced at €385,000, with a fair value of €367,795 reflecting a 4.5% gap. At a gross yield of 3.3%, this property may not provide competitive returns over the long term compared to other investments. Family rental While the property may appeal to families given its suburban location, the overpriced listing of €385,000, exceeding the fair value by 4.5%, limits its attractiveness for family rental. The current gross yield of 3.3% does not justify the higher acquisition cost for long-term residential stability. Buy-and-hold Given the property's high price of €385,000 against a fair value of €367,795, it presents as overpriced for a buy-and-hold investment strategy. With a gross yield of only 3.3%, potential appreciation may not compensate for the elevated initial investment, making it a less appealing long-term hold option.
Economic Vulnerability With an economic stability score of 80/100, there is a risk of fluctuations in the local economy potentially affecting property value and rental income.
