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.
3-bedroom, 2-bathroom apartment of 140 m², built in 1987, energy rating B. Located on praceta Gomes Leal, 1, Carnaxide e Queijas parish, Oeiras municipality, Lisbon district. Property Features: This apartment includes a modern kitchen with high-end appliances and a private balcony that offers a serene view of the surrounding green spaces.
The valuation. The asking price of €588,000 is significantly below the fair value of €715,386, presenting a difference of €127,386 (21.7%). This makes the property enticingly underpriced for potential investors.
Fair value modelled at €715,386 from the area baseline, adjusted for condition and location. Asking €588,000 sits €127,386 (21.7%) below — the upside to fair value.
Asking €588,000 versus the praceta Gomes Leal, 1 area baseline of €641,060 (€4,579/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 76 · Materials 80 · Room dimensions 78). 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.
praceta Gomes Leal, 1
Area baseline €641,060 + condition +€7,656 + location +€66,670 = modelled fair value of €715,386 (€5,110/m²), a €127,386 (21.7%) gap versus the €588,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Gomes Leal, 1 | Subject | €588,000 | €4,200 | — | 76 | 76 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 957004 | Active | €648,000 | €3,951 | 5.9% | 75 | 70 |
| rua Doutor António Luz, 48 | Active | €625,000 | €4,630 | 10.2% | 75 | 81 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 38b4e7 | Active | €520,000 | €4,522 | 7.7% | 72 | 74 |
| Venteira · 1e6449 | Active | €489,000 | €3,196 | 23.9% | 75 | 74 |
| Median comp | €572,500 | €4,237 | 0.9% | 75 | 74 |
Family rental The property in Carnaxide e Queijas presents a solid opportunity for a family rental, given its spacious layout and proximity to key commuter routes into Lisbon. With a gross yield of 3.1% and a fair value gap of 21.7%, it is well-positioned to attract families seeking quality living at a competitive price. Long-term rental As a long-term rental, this 3-bed apartment stands out in the Oeiras market due to its favorable fair value of €715,386 compared to the listing price of €588,000. The strong tenant quality in the suburban region further enhances the investment's attractiveness for sustained rental income. Buy-and-hold Investing in this property as a buy-and-hold strategy is promising, given its current listing price that is significantly below its fair value. The desirability of the Oeiras area, combined with a decent condition score of 79/100, suggests that this asset may appreciate substantially over time.
Tenant turnover risk With a tenant stability score of 75/100, there is a potential risk of increased turnover and vacancy rates, which can negatively impact rental income and overall property performance.
