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, 3-bathroom apartment of 184 m² on the 1st floor. Located on rua Manuel Teixeira Gomes, 27, Carnaxide e Queijas parish, Oeiras municipality, Lisbon district. Noteworthy Features: The property includes a former concierge's house that generates rental income for the condominium and boasts unobstructed views of the Serra de Carnaxide.
The valuation. The asking price of €795,000 is significantly above the fair value of €635,550, indicating an overpricing by €159,450 (25.1%). This valuation disparity suggests the property may not be a wise financial investment at this price point.
Fair value modelled at €635,550 from 6 comparable sales in the area. Asking €795,000 sits €159,450 (25.1%) above — overpriced versus fair value.
Asking €795,000 versus the rua Manuel Teixeira Gomes, 27 area baseline of €618,804 (€3,363/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 is above the parish average, lifting 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 €618,804, adjusted for condition and micro-location, gives a modelled fair value of €635,550 (€3,454/m²), a €159,450 (25.1%) gap versus the €795,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel Teixeira Gomes, 27 | Subject | €795,000 | €4,321 | — | 84 | 79 |
| praceta do Miradouro | Active | €519,000 | €3,327 | 23.0% | 74 | 76 |
| avenida Edmundo Lima Basto, 10B | Active | €645,000 | €3,544 | 18.0% | 80 | 78 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 6fb8ee | Active | €699,000 | €3,820 | 11.6% | 73 | 76 |
| avenida Madame Curie, 9 | Active | €545,000 | €3,364 | 22.1% | 80 | 78 |
| Median comp | €595,000 | €3,454 | 20.1% | 77 | 77 |
Long-term rental The property is overpriced at €795,000 with a fair value of €635,550, resulting in a 25.1% gap that diminishes its appeal as a long-term rental investment. Coupled with a low gross yield of 2.2%, the financial returns may not justify the elevated purchase price. Family rental Given its proximity to Lisbon and suburban safety, the property could attract families; however, the 25.1% gap to fair value indicates it is overpriced at €795,000. This decreased value relative to the asking price suggests that potential cash flow may not meet family rental expectations. Buy-and-hold While the location near Lisbon could enhance the long-term appreciation of the property, the current pricing at €795,000 is 25.1% above its fair market value. The relative overpricing undermines the potential for favorable returns over a buy-and-hold horizon. Not ideal for short-term vacation rental Pursuing a short-term vacation rental strategy is impractical due to the property's overpriced status at €795,000 with a significant gap from its fair value. The financial viability could be significantly challenged by the 2.2% gross yield and market competitiveness. Not ideal for student housing With a fair value gap of 25.1%, the property’s €795,000 asking price does not align well with the economic realities of the student rental market. The low yield further reinforces that investing in student housing at this price is not advisable.
Tenant turnover risk High tenant turnover could pose a risk to cash flow, with a tenant stability score of only 70/100 indicating potential instability in rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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