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.
4-bedroom, 3-bathroom penthouse of 182 m², energy rating E. Located on praceta Fernando Pessoa, 3, Carnaxide e Queijas parish, Oeiras municipality, Lisbon district. Noteworthy Features: The penthouse boasts three solar exposures and unobstructed views of the Serra de Carnaxide and the Christ the King statue, providing a unique sense of space and freedom. High-Quality Finishes: A sculptural marble island takes center stage in the open-plan kitchen, complemented by bespoke cabinetry with integrated LED lighting.
The valuation. The asking price of €849,000 is substantially below the fair value of €964,712, creating an attractive opportunity with a difference of €115,712 (13.6%). This property is well-positioned for a savvy investor.
Fair value modelled at €964,712 from the area baseline, adjusted for condition and location. Asking €849,000 sits €115,712 (13.6%) below — the upside to fair value.
Asking €849,000 versus the praceta Fernando Pessoa, 3 area baseline of €833,378 (€4,579/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 80 · Materials 84 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 83/100 (Housing Market 90 · Amenities 80 · Economic 90 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
praceta Fernando Pessoa, 3
Area baseline €833,378 + condition +€21,328 + location +€110,006 = modelled fair value of €964,712 (€5,301/m²), a €115,712 (13.6%) gap versus the €849,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Fernando Pessoa, 3 | Subject | €849,000 | €4,665 | — | 80 | 83 |
| avenida Duque Loulé, 22A | Active | €880,000 | €5,946 | 27.5% | 72 | 78 |
| avenida Padre Bartolomeu de Gusmão | Active | €349,000 | €3,793 | 18.7% | 80 | 77 |
| rua Policarpo Anjos, 81 | Active | €495,000 | €5,500 | 17.9% | 79 | 75 |
| avenida Comandante Luís António da Silva | Active | €259,500 | €3,204 | 31.3% | 80 | 76 |
| Median comp | €422,000 | €4,647 | 0.4% | 80 | 77 |
Long-term rental The 4-bed penthouse in Carnaxide e Queijas is currently listed at €849,000, which is 13.6% below its fair value of €964,712, indicating an attractive investment opportunity. With a gross yield of 3.1%, this property is ideally positioned to generate steady rental income over the long term in a robust Lisbon metropolitan area. Family rental With its spacious layout and proximity to a variety of amenities, this property is well-suited for family rentals, appealing to tenants seeking quality living space in a desirable neighborhood. The penthouse's high condition rating of 83/100 further enhances its attractiveness to families looking for a premium rental experience. Buy-and-hold This penthouse, priced below its fair value, offers a compelling buy-and-hold strategy as it is located in a region of strong demand within the Lisbon metropolitan area. Over time, the appreciation potential combined with the current rental yield of 3.1% provides a solid foundation for long-term capital growth and cash flow. Not ideal for short-term rental Due to the property’s pricing dynamics and target tenant demographics, it is not best suited for short-term rentals, which typically require different pricing and marketing strategies. The focus on long-term rental yields speaks to its stability rather than the volatility often seen in short-term markets.
Tenant turnover risk Tenant stability is relatively low at 70/100, which may lead to increased costs and vacancies as tenants change more frequently than expected.
