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.
0-bedroom, 1-bathroom apartment of 88 m², built in 1979, energy rating E. Located on rua João Ortigão Ramos, Carnide parish, Lisbon municipality, Lisbon district. Property Highlights: The apartment features a large open terrace, perfect for outdoor relaxation and entertainment, and showcases a modern design that enhances natural light and space efficiency.
The valuation. The property is listed at €485,000, which is €92,493 (19.1%) above its fair value of €392,507. This suggests that the apartment is overpriced in the current market context. Buy-to-flip angle. A buy-to-flip strategy could capitalize on aesthetic upgrades and local market trends, aiming for a profitable resale after renovations. By enhancing appeal, there's potential for an attractive return on investment. Buy-to-let angle. The property offers a gross yield of 3.1%, with estimated rental income around €1,253 per month. This rental strategy could provide steady cash flow while taking advantage of Lisbon's suburban appeal and infrastructure.
Fair value modelled at €431,509 from 6 comparable sales in the area. Asking €465,000 sits €33,491 (7.8%) above — overpriced versus fair value.
Asking €465,000 versus the rua João Ortigão Ramos area baseline of €420,888 (€4,783/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €420,888, adjusted for condition and micro-location, gives a modelled fair value of €431,509 (€4,904/m²), a €33,491 (7.8%) gap versus the €465,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua João Ortigão Ramos | Subject | €465,000 | €5,284 | — | 92 | 78 |
| estrada de Benfica | Active | €470,000 | €6,184 | 17.0% | 82 | 82 |
| largo Pimenteiras | Active | €700,000 | €6,140 | 16.2% | 79 | 76 |
| rua Diogo Bernardes, 1 | Active | €385,000 | €3,667 | 30.6% | 85 | — |
| São Domingos de Benfica · 096deb | Active | €410,000 | €6,406 | 21.2% | 74 | 82 |
| Median comp | €440,000 | €6,162 | 16.6% | 81 | 82 |
Long-term rental This property in Carnide is overpriced by 19.1% compared to its fair value of €392,507, making it less attractive for a long-term rental investment. With a gross yield of only 3.1%, the expected return does not align with the elevated purchase price. Family rental Given the high price point, this apartment may struggle to attract family tenants who are typically price-sensitive, particularly in a suburban setting. The combination of an overpriced listing and a modest yield of 3.1% suggests that it is not an ideal family rental investment. Buy-and-hold The significant gap to fair value suggests that this is not a wise buy-and-hold strategy, as potential appreciation may not offset the initial overpricing. With the neighbourhood rating of 78/100, while somewhat appealing, it still does not justify the current purchase price relative to its fair value. Not ideal for The property is not suitable for short-term vacation rental, as the high entry cost limits profitability in this highly competitive market. Additionally, it is also ill-fitted for student housing investment due to its pricing and yield constraints, which do not meet the demands of that tenant segment.
Economic downturn risk The property may be impacted by unforeseen economic shifts, despite a relatively strong economic stability score of 80, which could affect future rental income stability.
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