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 apartment of 178 m². Located Carcavelos e Parede parish, Cascais municipality, Lisbon district. Noteworthy Features: The apartment features a spacious terrace with a private pool and barbecue area, ideal for entertaining and enjoying the tranquil residential environment of Carcavelos e Parede.
The valuation. The asking price of €575,000 is significantly below the fair value of €977,636, presenting a unique opportunity with a discrepancy of €402,636, or 70.0%. Verdict: underpriced. Buy-to-flip angle. With strong potential for resale due to its desirable location and quality finishes, a buy-to-flip strategy could yield substantial profits after renovations and strategic marketing. Buy-to-let angle. The estimated rental income of €2,348 per month results in a gross yield of 4.9%, positioning this property well for sustained long-term income in a suburban area near Lisbon.
Fair value modelled at €977,636 from the area baseline, adjusted for condition and location. Asking €575,000 sits €402,636 (70.0%) below — the upside to fair value.
Asking €575,000 versus the Carcavelos e Parede, Cascais, Lisbon area baseline of €880,922 (€4,949/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 82 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Carcavelos e Parede, Cascais, Lisbon
Area baseline €880,922 + condition +€8,622 + location +€88,092 = modelled fair value of €977,636 (€5,492/m²), a €402,636 (70.0%) gap versus the €575,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carcavelos e Parede · 99f2c9 | Subject | €575,000 | €3,230 | — | 75 | 75 |
| rua de Matarraque | Active | €580,000 | €4,203 | 30.1% | 76 | 75 |
| rua Dom João I, 105 | Active | €396,000 | €4,889 | 51.3% | 78 | 79 |
| rua de Santa Clara, 149 | Active | €398,000 | €4,103 | 27.0% | 74 | 74 |
| Carcavelos e Parede · 937294 | Active | €450,000 | €4,737 | 46.6% | 74 | 68 |
| Median comp | €424,000 | €4,470 | 38.4% | 75 | 75 |
Long-term rental The property demonstrates a significant gap of 70.0% compared to its fair value of €977,636, indicating it is subvalued in the current market. With a gross yield of 4.9% and a well-rated neighborhood, it presents a strong opportunity for stable, long-term rental income. Family rental This apartment's spacious layout of 178m² makes it an attractive option for families looking for comfort within a suburban setting. Coupled with its favorable neighborhood rating of 75/100, the property aligns well with family rental needs, despite its 70.0% gap from fair market value signaling substantial potential. Buy-and-hold Investing in this property as a buy-and-hold strategy is well-justified, given its fair value assessment and relatively low listing price. The combination of its decent condition score of 78/100 and the strong economic factors supporting the area enhances its long-term appreciation potential and tenant retention stability.
Tenant turnover risk High tenant turnover could be a concern given the tenant stability score of 70/100, potentially leading to increased vacancy rates and leasing costs.