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, 1-bathroom apartment of 74 m² on the 3rd floor, built in 1983, energy rating D. Located on rua Cidade de Carmona, Olivais parish, Lisbon municipality, Lisbon district. Highlights: Closed balcony offering additional usable space, and an easily accessible storage room complement the property's functionality in a well-connected neighborhood.
The valuation. The asking price of €280,000 is significantly below the fair value of €322,909, presenting a potential savings of €42,909 or 13.3%. This property is thus effectively underpriced for its market segment.
Fair value modelled at €322,909 from 5 comparable sales in the area. Asking €280,000 sits €42,909 (13.3%) below — the upside to fair value.
Asking €280,000 versus the rua Cidade de Carmona area baseline of €314,496 (€4,250/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 52/100 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 €314,496, adjusted for condition and micro-location, gives a modelled fair value of €322,909 (€4,364/m²), a €42,909 (13.3%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cidade de Carmona | Subject | €280,000 | €3,784 | — | 55 | 73 |
| Olivais · f5ea54 | Active | €325,000 | €4,333 | 14.5% | 64 | 79 |
| rua Cidade de Quelimane, 4 | Active | €330,000 | €3,882 | 2.6% | 60 | 76 |
| rua Doutor José Saraiva | Active | €288,000 | €4,364 | 15.3% | 38 | 78 |
| rua Pedro de Azevedo | Active | €315,000 | €4,565 | 20.7% | 55 | 78 |
| Median comp | €320,000 | €4,349 | 14.9% | 58 | 78 |
Long-term rental An investment in this 3-bed apartment for long-term rental is appealing due to its fair value being 13.3% higher than the listing price, presenting an opportunity for considerable appreciation. Additionally, with a 4.6% gross yield and a compelling neighborhood score of 73/100, it offers a stable income potential in a low-crime area of Greater Lisbon. Family rental The 3-bed layout makes this apartment ideal for families, and its proximity to Lisbon enhances its attractiveness for long-term tenants seeking suburban living. Given the favorable valuation, families are likely to find this unit appealing, especially in a safe neighborhood with solid amenities. Buy-and-hold This property serves as a strong buy-and-hold investment, given its current listing is 13.3% below fair value, indicating potential for future capital growth. With a good gross yield of 4.6% coupled with the advantages of suburban living, investors can expect both rental income and value appreciation. Not ideal for short-term vacation rental, luxury market, student housing The 74m² apartment, while suitable for long-term rental and family needs, does not cater well to the short-term vacation market or luxury clientele due to its suburban setting and average condition rated at 52/100. Furthermore, the demographics and amenities in the area may not attract the high turnover typical in student housing, limiting this property's appeal in such formats.
Tenant turnover risk High tenant turnover is likely given the tenant stability score of 60/100, indicating a potential for increased vacancy rates and associated costs.
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