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 128 m², built in 1978, energy rating C. Located on praceta Gomes Leal, 2, Carnaxide e Queijas parish, Oeiras municipality, Lisbon district. Noteworthy Features: The apartment boasts a large balcony accessible from two bedrooms, enhancing outdoor living and views, while the well-organized entrance hall optimizes the flow between social and private areas.
The valuation. The asking price of €580,000 is below the fair value of €648,579, indicating an opportunity for investment as the property is subvalued by €68,579 (11.8%). Buy-to-flip angle. A resale strategy could realize a margin by improving market perception through minor cosmetic upgrades, potentially increasing sale price in a favorable market. Buy-to-let angle. With an estimated gross yield of 2.9% or €1,402/month, the property presents a solid rental income opportunity, appealing to families seeking quality suburban living close to Lisbon.
Fair value modelled at €648,579 from the area baseline, adjusted for condition and location. Asking €580,000 sits €68,579 (11.8%) below — the upside to fair value.
Asking €580,000 versus the praceta Gomes Leal, 2 area baseline of €586,112 (€4,579/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 76 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 70 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
praceta Gomes Leal, 2
Area baseline €586,112 + condition +€6,200 + location +€56,267 = modelled fair value of €648,579 (€5,067/m²), a €68,579 (11.8%) gap versus the €580,000 asking price.
Long-term rental This property presents a strong opportunity for a long-term rental strategy given its subvalorizada status, with a fair value of €648,579 indicating considerable potential for appreciation. Its 2.9% gross yield is reasonable within the context of the Greater Lisbon area, providing steady income while benefitting from market growth. Buy-and-hold Employing a buy-and-hold strategy is advantageous here due to the property being subvalorizada and situated in a suburban area with steady demand from families seeking proximity to Lisbon. As the local market matures, the current value gap presents an appealing opportunity for long-term asset appreciation. Family rental The property is well-suited for family rentals, bolstered by its subvalorizada status and favorable living conditions in Greater Lisbon's accommodating suburbs. With a solid condition rating and essential amenities nearby, it can attract long-term tenants looking for stable housing options.
Economic and Tenant Instability Risk: With an economic stability score of 70 and a tenant stability score of 75, there is a potential risk of fluctuating demand and tenant turnover that could impact rental income stability.