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 67 m², built in 2000, energy rating C. Located on rua Santa Luzia, 400, Carcavelos e Parede parish, Cascais municipality, Lisbon district. Noteworthy Features: The apartment includes a convenient ground floor access, minimizing steps while offering a private storage area for additional space management.
The valuation. The asking price of €299,990 is positioned €36,135 (12.0%) below fair value of €336,125, indicating that the property is underpriced. This creates an advantageous opportunity for investors looking for value in a stable market.
Fair value modelled at €336,125 from the area baseline, adjusted for condition and location. Asking €299,990 sits €36,135 (12.0%) below — the upside to fair value.
Asking €299,990 versus the rua Santa Luzia, 400 area baseline of €331,583 (€4,949/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 54/100 (Condition 58 · Materials 52 · Room dimensions 57). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 70 · Amenities 65 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Santa Luzia, 400
Area baseline €331,583 + condition -€21,984 + location +€26,527 = modelled fair value of €336,125 (€5,017/m²), a €36,135 (12.0%) gap versus the €299,990 asking price.
Long-term rental This 2-bed apartment in Carcavelos e Parede offers a fair market price that is 12% below its fair value, presenting a compelling opportunity for long-term rental investment. The gross yield of 4.1% further enhances its attractiveness, given the stable housing demand in the Lisbon metro area. Family rental The property is well-suited for family rentals, with a favorable neighborhood rating of 70/100 reflecting decent amenities and low crime rates. Considering the fair value exceeding the listing price, this apartment can cater to families seeking a comfortable living environment at an accessible cost. Buy-and-hold Investing in this apartment represents a solid buy-and-hold strategy, as its fair value is significantly higher than the current listing. With a stable rental yield and potential for price appreciation in a desirable suburban area, it provides long-term financial benefits to investors.
Economic downturn risk The economic stability score of 75/100 indicates potential vulnerability to downturns, which could impact tenant demand given the tenant stability score of 70/100.