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 75 m², built in 1978. Located Carcavelos e Parede parish, Cascais municipality, Lisbon district. Noteworthy Features: The basement offers a separate living space with natural light, presenting excellent potential for an office, rental unit, or private retreat. Location: Only 500m from Parede's center, ensuring convenient access to essential amenities.
The valuation. The asking price of €425,000 sits above the fair value of €374,462 by €50,538 (11.9%). This property is overpriced, which may limit buyer interest and potential return on investment.
Fair value modelled at €374,462 from the area baseline, adjusted for condition and location. Asking €425,000 sits €50,538 (11.9%) above — overpriced versus fair value.
Asking €425,000 versus the Carcavelos e Parede, Cascais, Lisbon area baseline of €371,175 (€4,949/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 (Condition 54 · Materials 58 · Room dimensions 56). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 68/100 (Housing Market 70 · Amenities 65 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Carcavelos e Parede, Cascais, Lisbon
Area baseline €371,175 + condition -€23,438 + location +€26,725 = modelled fair value of €374,462 (€4,993/m²), a €50,538 (11.9%) gap versus the €425,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carcavelos e Parede · 99f4f7 | Subject | €425,000 | €5,667 | — | 54 | 68 |
| rua Natália Correia, 247 | Active | €360,000 | €5,000 | 11.8% | 58 | 71 |
| praceta Infante Dom Henrique | Active | €370,000 | €5,068 | 10.6% | 54 | 72 |
| rua Doutor Flávio de Resende, 8 | Active | €409,000 | €4,648 | 18.0% | 65 | 71 |
| Carcavelos e Parede · 001ad5 | Active | €315,000 | €5,727 | 1.1% | 56 | 70 |
| Median comp | €365,000 | €5,034 | 11.2% | 57 | 71 |
Long-term rental The 2-bed apartment in Carcavelos e Parede, listed at €425,000, is overpriced given its fair value of €374,462, indicating a modest yield of 3.6%. With a condition score of 55/100 and a neighborhood rating of 68/100, potential long-term rental income may not justify the high entry price. Family rental While the apartment is slightly above fair value, at €425,000, the yield of 3.6% suggests that rental returns may be limited for families seeking affordable housing. The 55/100 condition and 68/100 neighborhood score raise concerns about attracting long-term tenants, especially in a competitive rental market. Buy-and-hold Acquiring this property at €425,000 presents a challenge, as it exceeds the fair value of €374,462, limiting growth prospects in a buy-and-hold strategy. Additionally, with only a 3.6% yield and moderate neighborhood and property conditions, the long-term appreciation potential appears constrained. Not ideal for Short-term vacation rental, Student housing, Luxury market: This property is unlikely to attract high-value short-term rentals, student demographics, or luxury tenants given its fair value metrics and overall condition. These markets typically require properties that deliver better value and ROI than this apartment currently offers.
Tenant turnover risk The tenant stability score of 65/100 indicates a potential for higher tenant turnover, which could lead to increased vacancy periods and maintenance costs.
