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 apartment of 152 m² on the 2nd floor, built in 1994, energy rating C. Located Carnaxide e Queijas parish, Oeiras municipality, Lisbon district. Noteworthy Features: This apartment includes a stylish fireplace in the living room, and multiple balconies that enhance both relaxation and natural ventilation throughout the expansive living space.
The valuation. The asking price of €599,000 is positioned slightly below the fair value of €609,920, reflecting a difference of €10,920 (1.8%). This suggests that the property is fairly valued, aligning with current market conditions.
Fair value modelled at €609,920 from 6 comparable sales in the area. Asking €599,000 sits €10,920 (1.8%) below — the upside to fair value.
Asking €599,000 versus the Carnaxide e Queijas, Oeiras, Lisbon area baseline of €570,979 (€3,756/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting 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 €570,979, adjusted for condition and micro-location, gives a modelled fair value of €609,920 (€4,013/m²), a €10,920 (1.8%) gap versus the €599,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carnaxide e Queijas · b32b8a | Subject | €599,000 | €3,941 | — | 75 | 79 |
| praceta António Enes, 1 | Active | €495,000 | €3,667 | 7.0% | 74 | 77 |
| praceta Gomes Leal, 2 | Active | €580,000 | €4,531 | 15.0% | 76 | 74 |
| Carnaxide e Queijas · 25f484 | Active | €515,000 | €3,872 | 1.7% | 75 | 77 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 0dcd47 | Active | €585,000 | €4,179 | 6.0% | 72 | 75 |
| Median comp | €547,500 | €4,026 | 2.1% | 75 | 76 |
Long-term rental The 3-bed apartment in Carnaxide e Queijas offers a gross yield of 3.4%, reflecting a steady income potential without significant risk. With a fair value gap of only 1.8%, this property aligns closely with its market valuation, making it a suitable choice for long-term tenancy. Buy-and-hold Given the apartment's fair valuation at €599,000 and its proximity to Lisbon's job market, this property promises stability in value over time. The neighborhood's rating of 79/100 indicates a strong appeal for future buyers, supporting a buy-and-hold strategy effectively. Family rental With its ample space and favorable location in a safe suburban environment, this 3-bedroom apartment is ideal for family rentals. The property’s ratings and competitive fair valuation position it well for attracting long-term tenants looking for family-friendly accommodations. Short-term vacation rental The property is not an ideal candidate for short-term vacation rentals due to its current earnings yield and suburban location, which may limit demand from transient visitors. Additionally, the apartment's condition rating of 78/100 suggests necessary improvements may hinder its appeal in the short-term rental market. Student housing Given that the apartment's gross yield of 3.4% does not reflect the typically higher returns expected in student housing markets, it is not suitable for this strategy. The proximity to Lisbon benefits general rental prospects but does not specifically cater to the needs of students.
Tenant Turnover Risk The tenant stability score of 70/100 indicates a moderate risk of turnover, which could lead to vacancy issues and impact cash flow.
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