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.
1-bedroom, 1-bathroom apartment of 89 m², built in 2003, energy rating E. Located on estrada Paço do Lumiar, 65, Carnide parish, Lisbon municipality, Lisbon district. Noteworthy Features: The property boasts a spacious terrace ideal for outdoor entertainment, along with a dedicated parking space, enhancing both lifestyle and convenience in urban living.
The valuation. The asking price of €420,000 is above the fair value of €390,431, presenting a discrepancy of €29,569 (7.0%). As such, the property is deemed overpriced.
Fair value modelled at €390,431 from the area baseline, adjusted for condition and location. Asking €420,000 sits €29,569 (7.0%) above — overpriced versus fair value.
Asking €420,000 versus the estrada Paço do Lumiar, 65 area baseline of €417,321 (€4,689/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 80 · Room dimensions 74). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 85 · Economic 90 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
estrada Paço do Lumiar, 65
Area baseline €417,321 + condition +€695 + location +€39,254 = modelled fair value of €390,431 (€4,387/m²), a €29,569 (7.0%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Paço do Lumiar, 65 | Subject | €420,000 | €4,719 | — | 72 | 78 |
| rua Luís de Camões | Active | €299,000 | €6,953 | 47.3% | 73 | 73 |
| rua João Ortigão Ramos | Active | €465,000 | €5,284 | 12.0% | 92 | 78 |
| Benfica · f36677 | Active | €319,000 | €4,691 | 0.6% | 75 | 73 |
| Benfica · 0325aa | Active | €429,900 | €7,677 | 62.7% | 77 | 77 |
| Median comp | €374,450 | €6,119 | 29.7% | 76 | 75 |
Long-term rental The property in Carnide, Lisbon, is considered overpriced, with a valuation gap of 7.0%, which diminishes its appeal for long-term rental investment. Although the gross yield is 3.2%, the higher price tag reduces potential profit margins, making this strategy less attractive. Buy-and-hold This 1-bed apartment is overpriced at €420,000, compared to a fair value of €390,431, indicating that it may not provide solid long-term capital appreciation. The combination of a 3.2% yield and the elevated price raises concerns about the sustainability of returns over time. Family rental While the apartment could serve as a family rental, its valuation at €420,000 makes it overpriced, thus limiting demand from potential tenants. The decent condition score of 76/100 and the neighborhood rating of 78/100 are overshadowed by the inflated asking price, which may deter families seeking affordable options.
[Tenant turnover risk] With a tenant stability score of 65/100, there is a significant risk of increased turnover, which could lead to potential vacancy losses and additional leasing costs.
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