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 €356,328 (€4,949/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. Full condition report →
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. Full location report →
rua Natália Correia, 247
Area baseline €356,328 + 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.
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.
