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, 2-bathroom apartment of 112 m² on the 3rd floor, built in 2002, energy rating C. Located on rua Virgílio Martinho, 22, Carnide parish, Lisbon municipality, Lisbon district. This apartment features elegant marble/granite finishes in the entrance area, enhancing its premium appeal while also boasting high ceilings that enhance the overall sense of space.
The valuation. The asking price of €580,000 sits €19,493 (3.3%) below the fair value of €599,493, which indicates a listing that is aligned with the market potential without being overpriced.
Fair value modelled at €599,493 from 6 comparable sales in the area. Asking €580,000 sits €19,493 (3.3%) below — the upside to fair value.
Asking €580,000 versus the rua Virgílio Martinho, 22 area baseline of €539,624 (€4,818/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €539,624, adjusted for condition and micro-location, gives a modelled fair value of €599,493 (€5,353/m²), a €19,493 (3.3%) gap versus the €580,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Virgílio Martinho, 22 | Subject | €580,000 | €5,179 | — | 78 | 78 |
| rua Manuel da Silva Leal, 6 | Active | €680,000 | €5,440 | 5.0% | 73 | 81 |
| avenida Professor Doutor Augusto Abreu Lopes, 45 | Active | €399,500 | €3,632 | 29.9% | 78 | 79 |
| rua Diogo Guilherme da Silva Alves Furtado, 10 | Active | €470,000 | €4,352 | 16.0% | 75 | 75 |
| rua João Chagas | Active | €750,000 | €5,556 | 7.3% | 70 | 81 |
| Median comp | €575,000 | €4,896 | 5.5% | 74 | 80 |
Long-term rental The property in Carnide offers a gross yield of 3.2%, which aligns well with the neighborhood’s quality rating of 78/100, indicating satisfactory tenant demand. Given the proximity to Lisbon and the stable housing market, this strategy is viable but should be approached with caution due to the fair pricing. Family rental With a spacious layout of 112m² and a favorable condition rating of 77/100, this 2-bedroom apartment is well-suited for families looking for comfortable living in a suburban environment. However, the price being fair at €580,000 means investors should expect moderate returns when targeting this demographic. Buy-and-hold Owning this property could provide a steady income stream, although the fair valuation of €580,000 suggests limited immediate capital appreciation potential. The local market dynamics and the strong community amenities indicate that holding onto the property long-term could prove beneficial under stable conditions. Not ideal for The apartment is not suitable for student housing given the family-oriented nature of the layout and amenities. Additionally, pursuing a luxury market strategy would not align with the fair value assessment, as there are likely better opportunities in more upscale areas. Not ideal for The 2-bedroom unit’s characteristics limit its effectiveness as a short-term vacation rental, particularly due to maintaining family-oriented appeal over transient guests. Furthermore, the demand dynamics in Carnide suggest it's better suited for stable, long-term occupancy rather than short-term stays.
Tenant turnover risk: With a tenant stability score of 75/100, there is a potential risk of increased turnover, which may lead to interruptions in rental income and additional costs associated with finding new tenants.
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