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, 2-bathroom house of 189 m², built in 1975, energy rating C. Located on rua Garcia de Resende, Carnaxide e Queijas parish, Oeiras municipality, Lisbon district. Noteworthy Feature: The property includes a versatile basement with direct access to the rear yard, ideal for a lounge, office, gym, or independent living space. Outdoor Feature: An annex equipped with a wood oven and barbecue enhances outdoor entertainment options.
The valuation. The asking price of €850,000 is €83,419 (9.8%) below the fair value of €933,419, positioning this property as undervalued in the current market.
Fair value modelled at €933,419 from the area baseline, adjusted for condition and location. Asking €850,000 sits €83,419 (9.8%) below — the upside to fair value.
Asking €850,000 versus the rua Garcia de Resende area baseline of €865,431 (€4,579/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 60 · Materials 70 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Garcia de Resende
Area baseline €865,431 + condition -€28,941 + location +€96,928 = modelled fair value of €933,419 (€4,939/m²), a €83,419 (9.8%) gap versus the €850,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Garcia de Resende | Subject | €850,000 | €4,497 | — | 60 | 78 |
| rua Paulo Duque, 21 | Active | €558,000 | €4,359 | 3.1% | 80 | 78 |
| Carnaxide e Queijas · 4bba66 | Active | €950,000 | €3,598 | 20.0% | 56 | 78 |
| rua Paulo Duque, 21 | Active | €545,000 | €5,737 | 27.6% | — | 76 |
| Barcarena · 9375cd | Active | €1,400,000 | €4,000 | 11.1% | 70 | 75 |
| Median comp | €754,000 | €4,180 | 7.1% | 70 | 77 |
Long-term rental The property in Carnaxide e Queijas shows strong potential for long-term rental investment with a gross yield of 3.8% and a fair value exceeding the listing price by 9.8%. Given the neighborhood's score of 78/100, it represents a stable choice for attracting reliable tenants. Family rental With its 4-bedroom layout and proximity to accessible schools, this property is poised to meet the needs of family renters in the area. Its condition rating of 65/100 suggests some room for improvement, appealing to families looking for a home they can personalize over time. Buy-and-hold Investing in this property as a buy-and-hold strategy could be advantageous, considering it is listed at €850,000 while its fair value stands at €933,419. The moderate crime levels in the Lisbon metro area coupled with the neighborhood's solid amenities could offer long-term appreciation potential for investors. Not ideal for short-term vacation rental Given the urban density and moderately rated neighborhood, this property may not attract the type of clientele typically seeking short-term vacation rentals. The gross yield does not align with the performance expectations often seen in the short-term rental market. Not ideal for luxury market Targeting the luxury market with this property may not be feasible due to its current condition rating and location context. High-end buyers may expect a premium living standard that this house does not offer based on its current assessment. Not ideal for student housing While the property is in proximity to Lisbon, the characteristics of the house and its surroundings may not appeal to the student demographic. The neighborhood's amenities, though solid, do not align with typical student housing preferences, which often demand different features and layouts.
Tenant turnover risk High tenant turnover could arise given a tenant stability score of 75/100, potentially leading to increased vacancy rates and additional costs associated with tenant recruitment and property marketing.