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, 1-bathroom apartment of 88 m², built in 1996. Located on rua Fernando Lopes Graça, 294, Carcavelos e Parede parish, Cascais municipality, Lisbon district. This apartment's recent 2021 renovation highlights a seamless integration of contemporary design with functionality, enhanced by an unobstructed view of lush greenery that promotes tranquility.
The valuation. The asking price of €389,000 sits €84,423 (21.7%) below the fair value of €473,423, indicating the property is underpriced and presents a solid opportunity for buyers.
Fair value modelled at €473,423 from the area baseline, adjusted for condition and location. Asking €389,000 sits €84,423 (21.7%) below — the upside to fair value.
Asking €389,000 versus the rua Fernando Lopes Graça, 294 area baseline of €435,512 (€4,949/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 80 · Materials 76 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 60 · Economic 80 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Fernando Lopes Graça, 294
Area baseline €435,512 + condition +€4,813 + location +€33,099 = modelled fair value of €473,423 (€5,380/m²), a €84,423 (21.7%) gap versus the €389,000 asking price.
Family rental The 3-bed apartment in Carcavelos e Parede presents an attractive proposition for family rental, as it is subvalued at €389,000 compared to its fair value of €473,423, indicating a significant opportunity for landlords. Additionally, the area offers a generally safe suburban environment benefiting from proximity to Lisbon, making it appealing to families seeking a stable living situation. Long-term rental With a gross yield of 3.9% and a fair value gap of 21.7%, this property is a compelling option for long-term rental investors looking to capitalize on an undervalued asset in the Cascais area. The decent condition rating of 79/100 further assures that the apartment can be easily rented out to quality tenants seeking to reside near the capital. Buy-and-hold Investing in this 3-bed apartment as a buy-and-hold strategy is favorable, as its current price of €389,000 is significantly below the fair value of €473,423, creating an immediate unrealized gain. The property’s suburban location offers steady demand due to its accessibility to Lisbon and a safe community environment, ensuring long-term capital appreciation and rental income potential.
Tenant Default Risk With a tenant stability score of 65/100, there is a heightened risk of tenant turnover or default, potentially leading to increased vacancies and loss of rental income.
