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.
4-bedroom, 3-bathroom apartment of 215 m² on the 6th floor, built in 2001, energy rating B. Located on rua Padre Américo, Carnide parish, Lisbon municipality, Lisbon district. Noteworthy Features: Exceptional heat recovery fireplace enhances the spacious living area, while the expansive view and generous suite with remodeled bathroom offer unmatched comfort and elegance in Carnide.
The valuation. The asking price of €1,280,000 exceeds the fair value of €935,463 by €344,537, indicating that this property is overpriced by 36.8%. Buy-to-flip angle. A buy-to-flip strategy may yield limited returns given the current asking price, necessitating price reductions to attract buyers. Buy-to-let angle. A buy-to-let approach offers a gross yield of 2.4%, generating estimated rental income of €2,560 per month, appealing for long-term rental in a suburban area near Lisbon.
Fair value modelled at €935,463 from 6 comparable sales in the area. Asking €1,280,000 sits €344,537 (36.8%) above — overpriced versus fair value.
Asking €1,280,000 versus the rua Padre Américo area baseline of €781,366 (€3,634/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €781,366, adjusted for condition and micro-location, gives a modelled fair value of €935,463 (€4,351/m²), a €344,537 (36.8%) gap versus the €1,280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Padre Américo | Subject | €1,280,000 | €5,953 | — | 78 | 73 |
| São Domingos de Benfica · b7c2ce | Active | €750,000 | €5,435 | 8.7% | 78 | 78 |
| rua Domingos Rebelo, 4 | Active | €795,000 | €4,969 | 16.5% | 75 | 81 |
| Odivelas · 25f6c9 | Active | €565,000 | €3,767 | 36.7% | 78 | 68 |
| rua José Afonso | Active | €915,000 | €4,575 | 23.2% | 72 | 77 |
| Median comp | €772,500 | €4,772 | 19.8% | 77 | 78 |
Long-term rental The property in Carnide is overpriced with a gap to fair value of 36.8%, translating to a gross yield of only 2.4%. With the neighbourhood scoring 73/100 for amenities and the property in good condition, it may provide stable rental income, but the initial investment is steep. Family rental While the property is located in a low-crime suburban area and offers a spacious 215m², its price exceeds fair value significantly, indicating a poor entry point for family rental purposes. Families seeking long-term residences may appreciate the amenities, but the elevated cost diminishes the rental yield potential at just 2.4%. Buy-and-hold Investing in this 4-bed apartment as a buy-and-hold strategy could result in poor long-term returns due to its significant overvaluation and resulting 2.4% gross yield. Although the area is desirable with good amenities, the gap to fair value suggests that potential capital appreciation may not justify the high purchase price.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate risk of tenant turnover, which could lead to increased vacancy rates and associated costs.
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
