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 66 m², energy rating D. Located on rua Ramalho Ortigão, Carnaxide e Queijas parish, Oeiras municipality, Lisbon district. Noteworthy Features: This apartment includes a private, naturally lit 20m² attic, ideal for versatile uses like an office or additional living space, enhancing its overall functionality and appeal.
The valuation. The asking price of €360,000 is below the fair value of €443,693, positioning the property as subvalued by €83,693 (18.9%). This presents a potential opportunity for investors seeking a property at a favorable price.
Fair value modelled at €443,693 from 6 comparable sales in the area. Asking €360,000 sits €83,693 (18.9%) below — the upside to fair value.
Asking €360,000 versus the rua Ramalho Ortigão area baseline of €424,173 (€6,427/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €424,173, adjusted for condition and micro-location, gives a modelled fair value of €443,693 (€6,723/m²), a €83,693 (18.9%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ramalho Ortigão | Subject | €360,000 | €5,455 | — | 75 | 71 |
| rua José Duarte Pedroso, 7 | Active | €367,600 | €8,169 | 49.8% | 80 | 75 |
| Carnaxide e Queijas · 653075 | Active | €365,000 | €5,887 | 7.9% | 80 | 76 |
| rua Doutor Manuel de Arriaga | Active | €325,000 | €7,558 | 38.6% | 84 | 76 |
| Venteira · 49b814 | Active | €660,000 | €5,077 | 6.9% | 75 | 73 |
| Median comp | €366,300 | €6,723 | 23.2% | 80 | 76 |
Long-term rental The 2-bed apartment in Carnaxide e Queijas, listed at €360,000, presents an attractive long-term rental opportunity given its fair value of €443,693, which implies it is subvalued by 18.9%. With a solid gross yield of 3.5% and a strong neighbourhood score of 71/100, this property is likely to appeal to long-term tenants seeking suburban comfort near Lisbon. Family rental This apartment is well-suited for family rentals, as its spacious 66m² layout and amenities in the Carnaxide e Queijas area cater to the needs of families. Priced at €360,000, which is substantially below the fair value of €443,693, this property can offer competitive rental rates while ensuring a stable investment with a gross yield of 3.5%. Buy-and-hold Investing in this apartment with a market listing of €360,000 provides a strategic buy-and-hold opportunity, especially given the fair value gap of 18.9% above the current price. The solid condition rating of 79/100 and the suburb’s proximity to Lisbon enhances the property’s long-term appreciation potential within a growing market. Not ideal for luxury market Due to the pricing and neighborhood characteristics, this property is not positioned for the luxury market, which typically demands higher standards and amenities. The 3.5% gross yield may appeal more to mid-level consumers than high-end buyers. Not ideal for short-term vacation rental Short-term vacation rentals are not ideal for this property, as its suburban location and family-oriented amenities cater more to long-term residents than transient visitors. The current pricing and demographics suggest it is better suited for traditional rental models than a short-term investment approach.
Tenant turnover risk A tenant stability score of 65/100 may indicate potential challenges with tenant retention, leading to increased vacancy rates and affecting cash flow stability.
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