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 97 m² on the 2nd floor, energy rating C. Located on rua República da Bolívia, Carnide parish, Lisbon municipality, Lisbon district. Noteworthy features: The apartment boasts a spacious open-plan kitchen and living space of 40m², complemented by a 5m² open balcony with unobstructed views, enhancing both light and accessibility.
The valuation. The asking price of €599,900 is positioned 10.1% above the fair value of €544,998, indicating a moderate premium for the property. Overall, it is valued fairly given its condition and location attributes.
Fair value modelled at €544,998 from 6 comparable sales in the area. Asking €599,900 sits €54,902 (10.1%) above — overpriced versus fair value.
Asking €599,900 versus the rua República da Bolívia area baseline of €471,472 (€4,861/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €471,472, adjusted for condition and micro-location, gives a modelled fair value of €544,998 (€5,619/m²), a €54,902 (10.1%) gap versus the €599,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua República da Bolívia | Subject | €599,900 | €6,185 | — | 75 | 78 |
| rua José da Purificação Chaves, 10 | Active | €565,000 | €5,539 | 10.4% | 75 | 82 |
| rua 4 | Active | €320,000 | €4,267 | 31.0% | 75 | 65 |
| rua Carolina Michaelis de Vasconcelos, 22 | Active | €529,900 | €5,698 | 7.9% | 75 | 79 |
| Benfica · ab71fe | Active | €549,900 | €6,706 | 8.4% | 76 | 79 |
| Median comp | €539,900 | €5,619 | 9.2% | 75 | 79 |
Long-term rental The property in Carnide presents a modest gross yield of 2.8%, indicating it may not generate substantial cash flow for long-term rental investors. While the overall condition and neighborhood ratings are decent, the property is fairly priced which limits the potential for capital appreciation. Family rental With good accessibility to schools and low crime rates, this 3-bed apartment is suited for families seeking a suburban lifestyle in Lisbon. However, given the current pricing at €599,900, it remains fairly valued, suggesting that potential returns may not meet the expectations of family-oriented investors. Buy-and-hold The buy-and-hold strategy could be considered in this location due to its proximity to the city center and appealing amenities that may enhance tenant demand over time. Nevertheless, with the property priced at €599,900, this investment is deemed fairly valued, potentially limiting long-term appreciation upside.
Tenant turnover risk With a tenant stability score of 72/100, there is a moderate risk of increased turnover, which could lead to higher vacancy rates and associated costs.**
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