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 153 m², built in 1997, energy rating C. Located on rua Vasco da Gama S / N, Carcavelos e Parede parish, Cascais municipality, Lisbon district. Unique Feature: The apartment boasts a spacious living room with a fireplace and two large windows, one offering stunning sea views and access to a generous balcony for outdoor enjoyment. Additional Amenities: The Britânia Condominium includes 24-hour security, a south-facing swimming pool, and direct access to the beach from landscaped gardens.
The valuation. The asking price of €1,200,000 sits significantly above fair value at €832,755, representing an overpayment of €367,245 (30.6%). This discrepancy highlights that the property is overpriced in the current market.
Fair value modelled at €832,755 from the area baseline, adjusted for condition and location. Asking €1,200,000 sits €367,245 (30.6%) above — overpriced versus fair value.
Asking €1,200,000 versus the rua Vasco da Gama S / N area baseline of €758,268 (€4,956/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 75 · Materials 85 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 80 · Amenities 65 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Vasco da Gama S / N
Area baseline €758,268 + condition +€11,953 + location +€63,605 = modelled fair value of €832,755 (€5,443/m²), a €367,245 (30.6%) gap versus the €1,200,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Vasco da Gama S / N | Subject | €1,200,000 | €7,843 | — | 75 | 71 |
| Carcavelos e Parede · ba59a4 | Active | €390,000 | €5,270 | 32.8% | 75 | 70 |
| Carcavelos e Parede · 0dce33 | Active | €479,000 | €5,988 | 23.7% | 78 | 74 |
| rua Laura Alves | Active | €479,000 | €5,988 | 23.7% | 83 | 72 |
| praceta Miguel Torga, 80 3 | Active | €550,000 | €5,612 | 28.4% | 74 | 70 |
| Median comp | €479,000 | €5,800 | 26.0% | 77 | 71 |
Long-term rental The 2-bed apartment in Carcavelos e Parede, with its listing price of €1,200,000, presents a significant price gap of 30.6% against its fair value of €832,755, suggesting it is overpriced for long-term rental potential. With a gross yield of only 1.9%, the investment may not provide sufficient returns relative to the high entry cost. Family rental Positioned in a well-rated neighbourhood, the apartment offers decent amenities, but its overpriced status at €1,200,000 limits its appeal for families seeking affordable rental options. The 1.9% gross yield suggests a financial strain on potential family tenants who may prefer more competitively priced alternatives in the area. Buy-and-hold Investing in the 2-bed apartment as a buy-and-hold strategy is challenged by its overpriced listing and the significant 30.6% gap from fair value. A prolonged holding period may be required to realize any appreciation, but the current gross yield of 1.9% casts doubt on the investment's long-term viability under current financial conditions.
Economic Vulnerability The property faces a risk due to a moderately high Economic Stability score of 75/100, which may indicate potential fluctuations in the local market that could affect rental income and property value over time.
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