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 house of 283 m², built in 1979, energy rating F. Located Carvoeira e Carmões parish, Torres Vedras municipality, Lisbon district. Noteworthy Features: The large ground-floor warehouse, previously used for food distribution, includes refrigerated areas, providing exceptional potential for various business ventures or extensive storage needs.
The valuation. The asking price of €380,000 sits €93,315 below the fair value of €473,315, representing a 19.7% discount. This property is therefore considered underpriced for the current market.
Fair value modelled at €473,315 from 6 comparable sales in the area. Asking €380,000 sits €93,315 (19.7%) below — the upside to fair value.
Asking €380,000 versus the Carvoeira e Carmões, Torres Vedras, Lisbon area baseline of €550,038 (€1,944/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €550,038, adjusted for condition and micro-location, gives a modelled fair value of €473,315 (€1,672/m²), a €93,315 (19.7%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carvoeira e Carmões · 8004cd | Subject | €380,000 | €1,343 | — | 68 | 52 |
| Dois Portos e Runa · 6ebbea | Active | €1,100,000 | €1,348 | 0.4% | 60 | 58 |
| Dois Portos e Runa · 652f9e | Active | €327,000 | €985 | 26.6% | — | 57 |
| Carvoeira e Carmões · b45366 | Active | €457,000 | €1,508 | 12.3% | 78 | 63 |
| Dois Portos e Runa · 5da25a | Active | €650,000 | €1,884 | 40.3% | 74 | 61 |
| Median comp | €553,500 | €1,428 | 6.3% | 74 | 60 |
Long-term rental The property in Carvoeira e Carmões presents a compelling long-term rental opportunity given its fair value of €473,315 compared to the listing price of €380,000, suggesting it is subvalued. With a gross yield of 3.9%, the potential for regular cash flow from tenants is supported by the area's proximity to Lisbon, which drives housing demand. Buy-and-hold Investing in this 3-bed house aligns well with a buy-and-hold strategy due to the significant valuation gap of 19.7%, indicating long-term appreciation potential. Although the condition and neighborhood ratings are only moderate, the rural suburban characteristics provide a stable market for future equity growth as the area develops.
Economic downturn risk The property is exposed to potential economic downturns given its economic stability score of 55/100 and tenant stability score of 48/100, indicating a high likelihood of unstable income sources and tenant retention issues.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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