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.
3-bedroom, 2-bathroom house of 181 m², built in 1998, energy rating D. Located Carcavelos e Parede parish, Cascais municipality, Lisbon district. This property features a heated pool and an attic space, providing potential for further customization or additional living areas.
The valuation. The asking price of €820,000 is considerably below the fair value of €959,888, representing an undervalued property by €139,888 (17.1%). This discrepancy presents a compelling opportunity for potential investors. Buy-to-flip angle. The property can be renovated and flipped due to its existing high-quality materials and favorable location, potentially fetching a higher resale price in a competitive market. This desired resale strategy could capture significant profits. Buy-to-let angle. With an estimated gross yield of 3.4%, the rental income of approximately €2,323/month supports a strong buy-to-let strategy, leveraging the property's prime location in a demand-driven suburban area.
Fair value modelled at €959,888 from the area baseline, adjusted for condition and location. Asking €820,000 sits €139,888 (17.1%) below — the upside to fair value.
Asking €820,000 versus the Carcavelos e Parede, Cascais, Lisbon area baseline of €897,036 (€4,956/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 70 · Materials 78 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 69/100 (Housing Market 80 · Amenities 65 · Economic 70 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Carcavelos e Parede, Cascais, Lisbon
Area baseline €897,036 + condition -€3,959 + location +€68,078 = modelled fair value of €959,888 (€5,303/m²), a €139,888 (17.1%) gap versus the €820,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carcavelos e Parede · 00186b | Subject | €820,000 | €4,530 | — | 70 | 69 |
| São Domingos de Rana · 65a84a | Active | €590,300 | €4,278 | 5.6% | 70 | 75 |
| rua Principal | Active | €680,000 | €3,617 | 20.2% | 70 | 73 |
| rua Ipanema | Active | €645,000 | €5,244 | 15.7% | 75 | 71 |
| Carcavelos e Parede · 090249 | Active | €1,180,000 | €4,069 | 10.2% | 70 | 73 |
| Median comp | €662,500 | €4,174 | 7.9% | 70 | 73 |
Long-term rental The property in Carcavelos e Parede presents a compelling opportunity for long-term rental investment, as it is currently listed at €820,000, which reflects a 17.1% gap below its estimated fair value of €959,888. With a gross yield of 3.4%, this investment can provide stable returns in a neighborhood that benefits from proximity to Lisbon. Buy-and-hold Acquiring this 3-bed house for €820,000 positions investors favorably for future appreciation, given its fair value of €959,888, indicating strong potential for capital gains over time. The combination of a decent condition score of 74 and a overall neighborhood rating of 69 suggests that holding this asset will likely yield positive outcomes in the long run. Family rental This property is ideal for family rental given its spacious layout and adequate amenities, with a fair value gap of 17.1% suggesting an advantageous market position. The surrounding suburban environment and favorable proximity to Lisbon enhance appeal for families seeking long-term housing stability. Not ideal for This property is not suitable for short-term vacation rental or student housing, as its appeal is primarily to families and long-term tenants rather than transient occupants. Additionally, the luxury market in this area may not recognize the value of this property, given its listings and neighborhood characteristics.
Tenant turnover risk The tenant stability score of 60 indicates a potential for higher turnover rates, which could increase costs and reduce rental income.**
