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.
1-bedroom, 1-bathroom apartment of 48 m². Located Carcavelos e Parede parish, Cascais municipality, Lisbon district. Location: Two enclosed balconies enhance the apartment's space, providing additional comfort and versatility while being centrally located in the vibrant Parede area. Access: Just a short walk to the Parede train station with direct links to Lisbon and Cascais.
The valuation. The asking price of €350,000 is significantly above the fair value of €244,479, representing an excess of €105,521 (30.1%). This property is considered overpriced in the current market.
Fair value modelled at €244,479 from the area baseline, adjusted for condition and location. Asking €350,000 sits €105,521 (30.1%) above — overpriced versus fair value.
Asking €350,000 versus the Carcavelos e Parede, Cascais, Lisbon area baseline of €237,552 (€4,949/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 73 · Materials 72 · Room dimensions 67). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 61/100 (Housing Market 65 · Amenities 60 · Economic 70 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Carcavelos e Parede, Cascais, Lisbon
Area baseline €237,552 + condition -€3,525 + location +€10,452 = modelled fair value of €244,479 (€5,093/m²), a €105,521 (30.1%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carcavelos e Parede · cfe21e | Subject | €350,000 | €7,292 | — | 73 | 61 |
| rua Alferes Santos Fidalgo, 62 | Active | €435,000 | €7,250 | 0.6% | 70 | 73 |
| avenida Maria da Conceição | Active | €350,000 | €5,932 | 18.6% | 68 | 72 |
| rua Malange | Active | €320,000 | €5,714 | 21.6% | 58 | 72 |
| Cascais e Estoril · 0239e2 | Active | €228,500 | €5,314 | 27.1% | 76 | 65 |
| Median comp | €335,000 | €5,823 | 20.1% | 69 | 72 |
Long-term rental Due to its pricing at €350,000, which is approximately 30.1% above fair value, this property is not an ideal candidate for long-term rental investments. The gross yield of 3.7% combined with a condition score of 70/100 suggests limited potential for attractive returns in this strategy. Family rental While this one-bedroom apartment is located in a suburb with decent amenities, the asking price exceeds fair value, making family rental a less favorable option. The neighbourhood score of 61/100 indicates that despite some positive aspects, the property does not justify its current valuation for family occupancy. Buy-and-hold Investing in this property as a buy-and-hold strategy is undermined by its overvaluation of €350,000, which poses a risk for future appreciation. The property’s strong proximity to Lisbon is attractive, but not enough to offset the gap from its fair value, limiting its potential as a long-term investment vehicle.
Increased vacancy risk With a tenant stability score of 55/100, there's a heightened potential for vacancies, which could lead to reduced cash flow and increased turnover costs.
