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, 3-bathroom apartment of 126 m², built in 2021. Located Carcavelos e Parede parish, Cascais municipality, Lisbon district. Noteworthy Features: Enjoy breathtaking sea views from the expansive 73 sqm private rooftop terrace, perfect for outdoor entertaining and relaxation, complemented by a modern, open layout. Location Benefits: Ideally situated in a tranquil residential area, within walking distance to Carcavelos Beach and local amenities.
The valuation. The asking price of €850,000 is significantly above the fair value of €696,693, reflecting an overvaluation of €153,307 (18.0%). This indicates that the property is overpriced.
Fair value modelled at €696,693 from the area baseline, adjusted for condition and location. Asking €850,000 sits €153,307 (18.0%) above — overpriced versus fair value.
Asking €850,000 versus the Carcavelos e Parede, Cascais, Lisbon area baseline of €623,574 (€4,949/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 80 · Materials 88 · Room dimensions 83). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 80 · Amenities 65 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Carcavelos e Parede, Cascais, Lisbon
Area baseline €623,574 + condition +€15,750 + location +€57,369 = modelled fair value of €696,693 (€5,529/m²), a €153,307 (18.0%) gap versus the €850,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carcavelos e Parede · 41ff98 | Subject | €850,000 | €6,746 | — | 80 | 73 |
| Carcavelos e Parede · 956a18 | Active | €750,000 | €5,102 | 24.4% | 80 | 71 |
| rua dos Plátanos, 191 | Active | €720,000 | €5,255 | 22.1% | 80 | 67 |
| Carcavelos e Parede · 4bc6c9 | Active | €835,000 | €5,964 | 11.6% | 74 | 75 |
| São Domingos de Rana · 4bc784 | Active | €699,000 | €4,957 | 26.5% | 76 | 74 |
| Median comp | €735,000 | €5,179 | 23.2% | 78 | 73 |
Family rental The property's current pricing at €850,000 suggests it is overpriced compared to the fair value of €696,693, limiting the potential for positive cash flow at a gross yield of 2.4%. Additionally, while the neighbourhood has decent living conditions with a score of 73/100, the high purchase price may deter quality tenants seeking affordable housing options. Long-term rental With a fair value of €696,693 compared to the listing price of €850,000, this apartment presents challenges as an investment for long-term rental due to its expensive price point. Although the condition of the property scores a robust 85/100, the gap from fair value indicates that securing a stable, long-term tenant at a reasonable rent may be difficult. Buy-and-hold Purchasing this property at €850,000 is not advisable as it significantly exceeds its fair valuation of €696,693, suggesting limited upside in long-term appreciation. Despite the Greater Lisbon area's strong housing demand, the insufficient yield of 2.4% highlights the risks associated with holding an overpriced asset in a competitive market.
Economic and Tenant Stability Risk: With both the economic stability and tenant stability scores at 75/100, there is a risk of potential fluctuations in rental income or increased vacancy rates in the future due to the moderate levels of stability observed.