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 131 m² on the 5th floor, built in 1981, energy rating C. Located Carnide parish, Lisbon municipality, Lisbon district. This apartment features exceptional solar exposure with two fronts, offering abundant natural light, and is strategically located in a vibrant neighborhood with numerous amenities and transport links.
The valuation. The asking price of €585,000 sits €106,538 (22.3%) above the fair value of €478,462, indicating the property is overpriced based on current market conditions. Buy-to-flip angle. A buy-and-flip strategy may yield potential profits, but renovations would be essential due to the apartment's dated conditions and basic materials. Buy-to-let angle. With an estimated rental income of €1,609/month, the gross yield stands at 3.3%, making it a suitable long-term family rental investment despite its current value positioning.
Fair value modelled at €478,462 from 6 comparable sales in the area. Asking €585,000 sits €106,538 (22.3%) above — overpriced versus fair value.
Asking €585,000 versus the Carnide, Lisbon, Lisbon area baseline of €623,272 (€4,758/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 33/100 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 €623,272, adjusted for condition and micro-location, gives a modelled fair value of €478,462 (€3,652/m²), a €106,538 (22.3%) gap versus the €585,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carnide · 622abe | Subject | €585,000 | €4,466 | — | 30 | 89 |
| Falagueira-Venda Nova · 96c70f | Active | €220,000 | €2,115 | 52.6% | — | 75 |
| rua Professor Hernâni Cidade S / N | Active | €510,000 | €5,000 | 12.0% | 36 | 78 |
| Águas Livres · f5eb49 | Active | €280,000 | €3,733 | 16.4% | 32 | 66 |
| rua da Venezuela, 29 | Active | €520,000 | €4,333 | 3.0% | 60 | 75 |
| Median comp | €395,000 | €4,033 | 9.7% | 36 | 75 |
Long-term rental The property is currently overpriced, with a 22.3% gap to its fair value of €478,462, which diminishes potential long-term profitability. The modest gross yield of 3.3% further underscores that this investment lacks the financial attractiveness needed for sustained renting. Buy-and-hold Given the apartment's fair value of €478,462 and its current listing of €585,000, it is clear the property is overpriced and may not appreciate sufficiently over time. This high entry price, combined with a poor condition score of 33/100, points to potential challenges in capital appreciation. Family rental Targeting families may seem appealing in a neighborhood rated 89/100, but the property’s price exceeding fair value indicates it is overpriced for the rental market. Prospective tenants may be deterred by the high price relative to the quality, reflected in its low condition score of 33/100 which diminishes its rental viability for families.
Economic Dependency Risk: Despite a solid economic stability score of 90/100, the tenant stability score of 80/100 indicates a potential risk of fluctuating occupancy rates that could impact rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
