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.
0-bedroom, 0-bathroom apartment of 97 m², built in 2007. Located Carnide parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment boasts panoramic views from its generous windows, enhancing both natural light and the overall ambiance, while the prime location provides immediate access to essential urban amenities.
The valuation. The asking price of €600,000 is significantly above fair value, which is estimated at €423,671. This leaves a gap of €176,329, representing an overpricing of 29.4%. Buy-to-flip angle. A buy-to-flip strategy may involve renovating the apartment, capitalizing on its high-quality materials, and aiming for resale at a higher price point in a growing suburban market. Buy-to-let angle. With a gross yield of 2.7%, the estimated rental income of €1,350/month indicates potential for long-term rental success, especially targeted towards families in the neighborhood’s suburban setting.
Fair value modelled at €423,671 from the area baseline, adjusted for condition and location. Asking €600,000 sits €176,329 (29.4%) above — overpriced versus fair value.
Asking €600,000 versus the Carnide, Lisbon, Lisbon area baseline of €454,833 (€4,689/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 72 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 80 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Carnide, Lisbon, Lisbon
Area baseline €454,833 + condition +€3,486 + location +€38,199 = modelled fair value of €423,671 (€4,368/m²), a €176,329 (29.4%) gap versus the €600,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carnide · 6ebb5e | Subject | €600,000 | €6,186 | — | 72 | 75 |
| Odivelas · 6fbc29 | Active | €550,000 | €3,873 | 37.4% | 75 | 78 |
| Avenidas Novas · ba57c5 | Active | €355,000 | €5,547 | 10.3% | 75 | 86 |
| rua Raquel Roque Gameiro S / N | Active | €235,000 | €5,222 | 15.6% | 79 | 77 |
| Benfica · 28ba7f | Active | €599,900 | €6,521 | 5.4% | 75 | 76 |
| Median comp | €452,500 | €5,385 | 13.0% | 75 | 78 |
Long-term rental Given the 2.7% gross yield and the property’s fair value of €423,671, the current listing price of €600,000 indicates it is overpriced by 29.4%. Consequently, this property may not provide sufficient returns to justify the investment under a long-term rental strategy. Family rental While the neighbourhood scores a 75/100 and offers access to Lisbon's amenities, the gross yield of 2.7% signifies that the €600,000 asking price is above fair value by 29.4%. This overpriced listing likely diminishes its attractiveness for family renters seeking value. Buy-and-hold With a fair value of €423,671 and a significant 29.4% gap, the current price of €600,000 suggests that the property is overpriced, impacting long-term capital appreciation potential. Therefore, the buy-and-hold strategy may not be optimal given the expected low returns relative to the investment required. Not ideal for short-term vacation rental The pricing of €600,000 compared to its fair value means this property is overpriced, making it less suitable for the competitive vacation rental market where higher yields are typically sought. Its current yield of 2.7% is insufficient for profitable short-term rental operations. Not ideal for luxury market The apartment’s fair value and performance metrics highlight that it is overpriced, which does not align with the expectations of the luxury market. Buyers in this segment typically seek properties that reflect true market value and yield higher returns, making this offering unattractive.
Potential tenant turnover With both economic and tenant stability scores at 75/100, there is a risk of moderate tenant turnover, which could lead to increased vacancy periods and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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