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 penthouse of 270 m² on the 10th floor. Located on calçada de Carriche, Lumiar parish, Lisbon municipality, Lisbon district. Noteworthy Features: The penthouse boasts a 150m² terrace with unobstructed views, providing exceptional outdoor space and excellent solar exposure for natural light throughout the home.
The valuation. The asking price of €975,000 is slightly below the fair value of €989,833, positioning the property at a 1.5% discount. This places the valuation in a favorable range for potential buyers.
Fair value modelled at €989,833 from 6 comparable sales in the area. Asking €975,000 sits €14,833 (1.5%) below — the upside to fair value.
Asking €975,000 versus the calçada de Carriche area baseline of €850,165 (€3,149/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €850,165, adjusted for condition and micro-location, gives a modelled fair value of €989,833 (€3,666/m²), a €14,833 (1.5%) gap versus the €975,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| calçada de Carriche | Subject | €975,000 | €3,611 | — | 70 | 75 |
| rua Fernando Lopes Graça | Active | €630,000 | €3,642 | 0.8% | 72 | 74 |
| Odivelas · 82c6fa | Active | €430,000 | €2,886 | 20.1% | 71 | 76 |
| Lumiar · 23f4e6 | Active | €599,000 | €3,915 | 8.4% | 72 | 83 |
| praceta João Villaret | Active | €387,500 | €3,690 | 2.2% | 68 | 71 |
| Median comp | €514,500 | €3,666 | 1.5% | 72 | 75 |
Long-term rental The property is positioned for steady long-term rental income, providing a gross yield of 3.3%, which is reasonable given the fair value of €989,833. Although it does not present significant upside potential in capital appreciation, the location offers access to employment and amenities which supports tenant demand. Family rental This penthouse is an attractive option for families, given the suburban area's good school access and overall neighborhood quality rating of 75/100. While the property is fairly priced, it meets the needs of families looking for spacious living and is likely to attract stable tenants. Buy-and-hold Adopting a buy-and-hold strategy for this property aligns well with its fair valuation and stable rental yield. The prevailing neighborhood conditions and proximity to amenities ensure that it can serve as a solid long-term investment without the expectation of rapid appreciation in value.
Potential for Economic Downturn The economic stability score of 80/100 suggests a strong economy, but economic downturns can still affect tenant stability, currently rated at 70/100, potentially leading to increased vacancies or lowered rent prices.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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