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 85 m², built in 1987, energy rating D. Located Carcavelos e Parede parish, Cascais municipality, Lisbon district. Noteworthy Features: The apartment includes a spacious closed balcony that could be converted into an integrated open-space kitchen and living room, enhancing light and spatial perception.
The valuation. The asking price of €299,000 sits below the fair value of €414,298, indicating an undervalued property by €115,298 (38.6%). This presents an attractive opportunity for buyers seeking value in the current market.
Fair value modelled at €414,298 from the area baseline, adjusted for condition and location. Asking €299,000 sits €115,298 (38.6%) below — the upside to fair value.
Asking €299,000 versus the Carcavelos e Parede, Cascais, Lisbon area baseline of €420,665 (€4,949/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 44/100 (Condition 40 · Materials 45 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 65 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Carcavelos e Parede, Cascais, Lisbon
Area baseline €420,665 + condition -€41,703 + location +€35,336 = modelled fair value of €414,298 (€4,874/m²), a €115,298 (38.6%) gap versus the €299,000 asking price.
Long-term rental This 2-bed apartment offers a favorable yield of 4.3%, indicating strong potential for consistent rental income in a suburban area with commendable tenant quality. Given the listing price is 38.6% below its fair value of €414,298, the property presents an attractive opportunity for long-term rental investment. Buy-and-hold The strategic positioning of this apartment in Carcavelos e Parede, which benefits from proximity to Lisbon, allows for potential appreciation in property value over time. With its fair value significantly higher than the listing price, the buy-and-hold strategy is bolstered by the property's subvalorizada status, making it a compelling addition to a portfolio. Family rental The neighborhood's solid rating of 71/100 enhances the desirability for families seeking a home, ensuring stable occupancy rates. Given the current pricing, the investment stands out as a subvalorizada property with room to grow, appealing to families drawn to suburban comfort and urban access.
Economic Vulnerability The economic stability score of 70/100 suggests an increased risk of market fluctuations that could impact property values or rental income in the future.