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, 3-bathroom apartment of 130 m², built in 1995, energy rating C. Located on rua Aristides de Sousa Mendes, Carnide parish, Lisbon municipality, Lisbon district. Noteworthy Feature: The apartment features a spacious social area enhanced by a cozy fireplace and two private balconies, providing a perfect blend of comfort and outdoor leisure space.
The valuation. The asking price of €700,000 exceeds the fair value of €568,108 by €131,892 (18.8%). This property is considered overpriced and does not align with current market conditions.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Aristides de Sousa Mendes | Subject | €700,000 | €5,385 | — | 72 | 81 |
| rua Virgílio Martinho, 3 | Active | €730,000 | €4,294 | 20.3% | 74 | 73 |
| rua Professor Carlos Teixeira | Active | €1,070,000 | €4,350 | 19.2% | 72 | 77 |
| avenida do Uruguai | Active | €599,900 | €5,999 | 11.4% | 75 | 78 |
| estrada de Benfica | Active | €735,000 | €5,654 | 5.0% | 80 | 81 |
| Median comp | €732,500 | €5,002 | 7.1% | 75 | 78 |
Long-term rental The current market listing of €700,000 for the apartment in Carnide exceeds its fair value by 18.8%, indicating it is overpriced. With a gross yield of only 3.3%, this investment lacks the appealing returns typically sought in long-term rental strategies. Buy-and-hold With a fair value of €568,108 compared to the asking price of €700,000, this apartment is currently overpriced by 18.8%. Although the neighborhood rating is relatively high at 81/100, the projected return does not justify holding this property at its current price. Family rental Priced at €700,000, the family rental investment in Carnide is overvalued by 18.8% against the fair value of €568,108. With a satisfactory condition score of 71/100 and neighborhood amenities, potential family renters might find better value elsewhere given the high entry cost.
Tenant turnover risk: With a tenant stability score of 75/100, there is a 25% chance of tenant turnover, which may lead to increased vacancy rates and potential revenue loss.
