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, 1-bathroom apartment of 188 m², built in 1983, energy rating D. Located on avenida Tomás Ribeiro, 91, Carnaxide e Queijas parish, Oeiras municipality, Lisbon district. Private terrace of 50 m² provides an ideal outdoor space for entertaining or relaxation, complemented by unobstructed views that enhance the property's appeal.
The valuation. The asking price of €400,000 is significantly below the fair value of €652,532, indicating the property is underpriced by €252,532 (38.7%). Buy-to-flip angle. With strategic renovations, the property could attract buyers willing to pay a premium, enhancing resale potential. Buy-to-let angle. Leveraging the estimated gross yield of 4.9% and an expected rental income of €1,633/month makes it a compelling buy-to-let investment, ensuring stable cash flow.
Fair value modelled at €652,532 from 6 comparable sales in the area. Asking €400,000 sits €252,532 (38.7%) below — the upside to fair value.
Asking €400,000 versus the avenida Tomás Ribeiro, 91 area baseline of €584,327 (€3,108/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €584,327, adjusted for condition and micro-location, gives a modelled fair value of €652,532 (€3,471/m²), a €252,532 (38.7%) gap versus the €400,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Tomás Ribeiro, 91 | Subject | €400,000 | €2,128 | — | 78 | 74 |
| avenida João de Freitas Branco, 34 | Active | €330,000 | €2,895 | 36.1% | 75 | 76 |
| rua Constança Capdeville, 12 | Active | €460,000 | €3,309 | 55.5% | 72 | 68 |
| Carnaxide e Queijas · 33bab4 | Active | €439,500 | €3,756 | 76.6% | 74 | 78 |
| rua Policarpo Anjos | Active | €399,500 | €3,734 | 75.5% | 75 | 70 |
| Median comp | €419,500 | €3,522 | 65.5% | 75 | 73 |
Long-term rental The 2-bed apartment in Carnaxide e Queijas presents an appealing opportunity for long-term rental, with a gross yield of 4.9% indicating robust rental income potential in a stable suburban area. The fair value of €652,532 shows the property is currently subpriced by 38.7%, allowing for attractive returns over time. Buy-and-hold Investing in this property as a buy-and-hold strategy is prudent due to its fair value significantly exceeding the listing price, suggesting potential appreciation as the market stabilizes. With the region’s relatively safe environment and solid tenant quality, this investment can yield consistent cash flow and value growth. Family rental The apartment is well-suited for family rental, given its spacious layout and favorable neighborhood features that appeal to families seeking long-term occupancy. The substantial gap between the listing price and fair value reinforces the premise of strong demand for family-oriented living in Carnaxide e Queijas, enhancing the investment's attractiveness.
Economic downturn risk A slight economic instability score of 80/100 could pose challenges in maintaining rental income, especially if tenant stability declines from 70/100.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
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.
Sign in to buy the report or use a credit
