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 97 m², built in 1977. Located Carcavelos e Parede parish, Cascais municipality, Lisbon district. Noteworthy Feature: The apartment benefits from a significant 40m² private basement, offering versatile uses such as a home office, gym, or multimedia area, and includes an electric mobility connection.
The valuation. The asking price of €589,000 sits €69,230 (11.8%) above the fair value of €519,770, indicating that the property is overpriced. This discrepancy suggests potential challenges in achieving a profitable sale at the current asking price.
Fair value modelled at €519,770 from the area baseline, adjusted for condition and location. Asking €589,000 sits €69,230 (11.8%) above — overpriced versus fair value.
Asking €589,000 versus the Carcavelos e Parede, Cascais, Lisbon area baseline of €480,053 (€4,949/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 76 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 68/100 (Housing Market 70 · Amenities 65 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Carcavelos e Parede, Cascais, Lisbon
Area baseline €480,053 + condition +€5,153 + location +€34,564 = modelled fair value of €519,770 (€5,358/m²), a €69,230 (11.8%) gap versus the €589,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carcavelos e Parede · 6d525c | Subject | €589,000 | €6,072 | — | 76 | 68 |
| rua Comandante Ruben Auber Tavares de Melo, 1A | Active | €495,000 | €4,901 | 19.3% | 75 | 75 |
| Carcavelos e Parede · 49b6e8 | Active | €665,000 | €6,045 | 0.4% | 88 | 74 |
| rua António Galvão | Active | €580,000 | €5,043 | 16.9% | 70 | 67 |
| Oeiras e São Julião da Barra, Paço de Arcos e Caxias · 4201fa | Active | €475,000 | €5,938 | 2.2% | 75 | 74 |
| Median comp | €537,500 | €5,491 | 9.6% | 75 | 74 |
Long-term rental The property, listed at €589,000, represents a gross yield of only 3.3%, indicating that the rental income may not justify the high asking price. Given that it is overpriced by 11.8% against its fair value, long-term rental may not provide the expected return on investment. Family rental While the apartment is suitable for families with its spacious design, the 11.8% gap from fair value at €589,000 suggests that it may not be a financially sound choice for family rentals. The combination of a less favorable yield and a neighborhood score of 68/100 indicates a limited potential for appreciation in this segment. Buy-and-hold Although the property is in a developing suburban area with metro access, purchasing at 11.8% above its fair value may limit capital gains over time. The current condition rating of 78/100 and modest neighborhood dynamics highlight potential frustrations for a buy-and-hold strategy in an overpriced market.
Tenant turnover risk With a tenant stability score of 65/100, there is a significant risk of higher tenant turnover, which could lead to increased vacancy rates and loss of rental income.
