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, 0-bathroom apartment of 121 m² on the 3rd floor, built in 2000. Located Carnaxide e Queijas parish, Oeiras municipality, Lisbon district. This property features large windows that flood the living areas with natural light, enhancing the spacious layout and creating a warm, inviting atmosphere.
The valuation. The asking price of €399,000 is significantly above the fair value of €326,926, reflecting an overpricing of €72,074 (22.0%). This discrepancy suggests that investors should approach with caution. Buy-to-flip angle. A buy-to-flip strategy may prove challenging, given the current valuation and costs associated with renovations; thus, potential resale profits could be substantially lower than anticipated. Buy-to-let angle. A rental income strategy may yield an estimated gross yield of 4%, translated to around €1,330 per month, which could provide stable cash flow in a desirable suburban location.
Fair value modelled at €326,926 from 6 comparable sales in the area. Asking €399,000 sits €72,074 (22.0%) above — overpriced versus fair value.
Asking €399,000 versus the Carnaxide e Queijas, Oeiras, Lisbon area baseline of €315,424 (€2,607/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €315,424, adjusted for condition and micro-location, gives a modelled fair value of €326,926 (€2,702/m²), a €72,074 (22.0%) gap versus the €399,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carnaxide e Queijas · 15e30e | Subject | €399,000 | €3,298 | — | 70 | 78 |
| rua 1º de Maio, 16 | Active | €180,000 | €2,250 | 31.8% | 70 | 74 |
| rua dos Albardeiros | Active | €115,000 | €2,875 | 12.8% | 79 | 74 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · b4532a | Active | €159,500 | €1,772 | 46.3% | — | 72 |
| alameda António Sérgio, 73 | Active | €357,000 | €3,245 | 1.6% | 70 | 79 |
| Median comp | €169,750 | €2,563 | 22.3% | 70 | 74 |
Long-term rental The asking price of €399,000 exceeds the fair value of €326,926 by 22%, indicating that this property is overpriced, which may impact long-term profitability. Additionally, the gross yield of 4% suggests limited rental returns in a suburban area where tenant expectations are rising due to proximity to Lisbon. Family rental With a neighborhood rating of 78/100, this property may appeal to families, but the overpriced nature at €399,000 could deter potential renters seeking value. The condition score of 74/100 indicates some charm, but at this price, it does not align well with family rental market expectations. Buy-and-hold The elevated price of €399,000, which represents a 22% gap from fair value, suggests that holding this property could yield diminishing returns over time. Investors may be better off looking for properties that align more closely with the fair value to ensure long-term appreciation and stability. Not ideal for: Short-term vacation rental The overall condition and the neighborhood's characteristics do not support the attractiveness needed for a short-term vacation rental, especially given the overpriced listing of €399,000. Investors focusing on vacation rentals might find better opportunities in more reasonably priced properties.
Economic Downturn Risk With an economic stability score of 80/100, there is a potential risk of economic downturn affecting rental income, which could impact overall investment returns significantly.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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