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.
2-bedroom, 1-bathroom apartment of 65 m², built in 1995. Located on estrada Paço do Lumiar S / N, Carnide parish, Lisbon municipality, Lisbon district. Unique Feature: This apartment offers direct access to a wide range of shops and services within a short walking distance, enhancing daily convenience for residents and investors alike.
The valuation. The asking price of €359,000 is significantly above the fair value of €203,347, indicating a discrepancy of €155,653, or 43.4%. This property is not a fair market deal and is deemed overpriced.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Paço do Lumiar S / N | Subject | €359,000 | €5,523 | — | — | 73 |
| Encosta do Sol · 93736d | Active | €289,000 | €3,803 | 31.2% | 70 | 78 |
| Póvoa de Santo Adrião e Olival Basto · b4545e | Active | €320,000 | €4,324 | 21.7% | 68 | 73 |
| Odivelas · f36074 | Active | €298,000 | €3,772 | 31.7% | 66 | 75 |
| rua Jaime Lopes Dias S / N | Active | €410,000 | €5,775 | 4.6% | 62 | 76 |
| Median comp | €309,000 | €4,064 | 26.4% | 67 | 76 |
Long-term rental The 2-bed apartment in Carnide is overpriced at €359,000, significantly exceeding its fair value of €203,347, indicating that potential returns are diminished. With a gross yield of only 3.3%, investors should approach this option cautiously given the substantial valuation gap. Family rental Although Carnide's neighborhood scored a respectable 73/100, the apartment's pricing at €359,000 is not justified by its fair value of €203,347, resulting in a 43.4% gap. Families seeking long-term rentals may find better value in more reasonably priced properties in the area. Buy-and-hold Investing in this property for the buy-and-hold strategy is unwise, as it is priced at €359,000 while the fair value stands at €203,347, suggesting it is overpriced. The current yield of 3.3% does not compensate for the significant premium paid above its fair market value.
Economic Dependence Risk The property is in an area with an economic stability score of 80/100, indicating potential reliance on a specific economic sector, which might be vulnerable to downturns affecting tenant demand.
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