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 72 m², energy rating D. Located on rua Natália Correia, 247, Carcavelos e Parede parish, Cascais municipality, Lisbon district. Noteworthy Features: This apartment includes a unique basement area with independent access, enhancing its functionality as a versatile living or storage space. Balcony: The tranquil balcony overlooks a serene backspace, offering a peaceful retreat in a mostly residential neighborhood.
The valuation. The asking price of €360,000 is slightly below the fair value of €368,485, representing an undervalued opportunity at €8,485 (2.4%). This pricing provides potential for immediate appreciation.
Fair value modelled at €368,485 from the area baseline, adjusted for condition and location. Asking €360,000 sits €8,485 (2.4%) below — the upside to fair value.
Asking €360,000 versus the rua Natália Correia, 247 area baseline of €343,944 (€4,777/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 59/100 (Condition 58 · Materials 65 · Room dimensions 60). 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.
rua Natália Correia, 247
Area baseline €343,944 + condition -€17,775 + location +€29,932 = modelled fair value of €368,485 (€5,118/m²), a €8,485 (2.4%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Natália Correia, 247 | Subject | €360,000 | €5,000 | — | 58 | 71 |
| Carcavelos e Parede · 99f4f7 | Active | €425,000 | €5,667 | 13.3% | 54 | 68 |
| praceta Infante Dom Henrique | Active | €370,000 | €5,068 | 1.4% | 54 | 72 |
| rua Brito Camacho, 135 | Active | €490,000 | €5,444 | 8.9% | 50 | 72 |
| rua Alferes Santos Fidalgo, 62 | Active | €435,000 | €7,250 | 45.0% | 70 | 73 |
| Median comp | €430,000 | €5,556 | 11.1% | 54 | 72 |
Long-term rental The 2-bed apartment in Carcavelos e Parede represents a strong long-term rental opportunity with a gross yield of 3.8%, suitable for tenants looking for suburban living with easy access to Lisbon. Given the fair value of €368,485, the listing price of €360,000 signals a sub 3% gap, making this an attractive investment with steady demand likely due to the location. Family rental As a family rental, this property benefits from a decent neighbourhood score of 71/100, indicating a quality environment for families seeking residential stability and resources such as schools and parks. The apartment's competitive pricing, sitting at €360,000 against a fair value of €368,485, enhances its appeal within this demographic, suggesting robust rental prospects. Buy-and-hold With the property listed at €360,000 and a fair value of €368,485, it stands as a well-positioned buy-and-hold asset with a minimal gap indicating future value appreciation potential. The location's suburban nature and good condition score of 59/100 also support a strategic long-term investment, allowing for capital growth as the area develops further.
Economic Vulnerability The economic stability score of 70/100 indicates a moderate risk of economic fluctuations affecting rental income stability.
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.
Free — sign in to request
