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.
4-bedroom, 3-bathroom penthouse of 182 m², energy rating E. Located on praceta Fernando Pessoa, 3, Carnaxide e Queijas parish, Oeiras municipality, Lisbon district. Noteworthy Features: The penthouse boasts three solar exposures and unobstructed views of the Serra de Carnaxide and the Christ the King statue, providing a unique sense of space and freedom. High-Quality Finishes: A sculptural marble island takes center stage in the open-plan kitchen, complemented by bespoke cabinetry with integrated LED lighting.
The valuation. The asking price of €849,000 is substantially below the fair value of €964,712, creating an attractive opportunity with a difference of €115,712 (13.6%). This property is well-positioned for a savvy investor.
Fair value modelled at €964,712 from the area baseline, adjusted for condition and location. Asking €849,000 sits €115,712 (13.6%) below — the upside to fair value.
Asking €849,000 versus the praceta Fernando Pessoa, 3 area baseline of €813,176 (€4,468/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 80 · Materials 84 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 83/100 (Housing Market 90 · Amenities 80 · Economic 90 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
praceta Fernando Pessoa, 3
Area baseline €813,176 + condition +€21,328 + location +€110,006 = modelled fair value of €964,712 (€5,301/m²), a €115,712 (13.6%) gap versus the €849,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Fernando Pessoa, 3 | Subject | €849,000 | €4,665 | — | 80 | 83 |
| avenida Duque Loulé, 22A | Active | €880,000 | €5,946 | 27.5% | 72 | 78 |
| avenida Padre Bartolomeu de Gusmão | Active | €349,000 | €3,793 | 18.7% | 80 | 77 |
| rua Policarpo Anjos, 81 | Active | €495,000 | €5,500 | 17.9% | 79 | 75 |
| avenida Comandante Luís António da Silva | Active | €259,500 | €3,204 | 31.3% | 80 | 76 |
| Median comp | €422,000 | €4,647 | 0.4% | 80 | 77 |
Long-term rental The 4-bed penthouse in Carnaxide e Queijas is currently listed at €849,000, which is 13.6% below its fair value of €964,712, indicating an attractive investment opportunity. With a gross yield of 3.1%, this property is ideally positioned to generate steady rental income over the long term in a robust Lisbon metropolitan area. Family rental With its spacious layout and proximity to a variety of amenities, this property is well-suited for family rentals, appealing to tenants seeking quality living space in a desirable neighborhood. The penthouse's high condition rating of 83/100 further enhances its attractiveness to families looking for a premium rental experience. Buy-and-hold This penthouse, priced below its fair value, offers a compelling buy-and-hold strategy as it is located in a region of strong demand within the Lisbon metropolitan area. Over time, the appreciation potential combined with the current rental yield of 3.1% provides a solid foundation for long-term capital growth and cash flow. Not ideal for short-term rental Due to the property’s pricing dynamics and target tenant demographics, it is not best suited for short-term rentals, which typically require different pricing and marketing strategies. The focus on long-term rental yields speaks to its stability rather than the volatility often seen in short-term markets.
Tenant turnover risk Tenant stability is relatively low at 70/100, which may lead to increased costs and vacancies as tenants change more frequently than expected.
Year 1, before income tax (IRS or IRC). Includes IMT, stamp duty, IMI and AIMI for a resident individual. Estimate: check with your accountant.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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