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, 1-bathroom apartment of 66 m², built in 1989. Located Carcavelos e Parede parish, Cascais municipality, Lisbon district. Noteworthy Features: The apartment includes outdoor parking and basement storage, enhancing convenience and value despite its current state of disrepair.
The valuation. The asking price of €365,000 is significantly above fair value at €315,640, resulting in an overpriced situation by €49,360 (13.5%). This discrepancy highlights the potential challenges in achieving a return on investment.
Fair value modelled at €315,640 from the area baseline, adjusted for condition and location. Asking €365,000 sits €49,360 (13.5%) above — overpriced versus fair value.
Asking €365,000 versus the Carcavelos e Parede, Cascais, Lisbon area baseline of €326,634 (€4,949/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 39/100 (Condition 35 · Materials 40 · Room dimensions 45). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Carcavelos e Parede, Cascais, Lisbon
Area baseline €326,634 + condition -€37,125 + location +€26,131 = modelled fair value of €315,640 (€4,782/m²), a €49,360 (13.5%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carcavelos e Parede · cfe274 | Subject | €365,000 | €5,530 | — | 35 | 70 |
| Carcavelos e Parede · 99f4f7 | Active | €425,000 | €5,667 | 2.5% | 54 | 68 |
| Carcavelos e Parede · 8936be | Active | €350,000 | €4,268 | 22.8% | 40 | 76 |
| Oeiras e São Julião da Barra, Paço de Arcos e Caxias · 6d556a | Active | €498,000 | €5,929 | 7.2% | 60 | 75 |
| rua Doutor Flávio de Resende, 8 | Active | €409,000 | €4,648 | 16.0% | 65 | 71 |
| Median comp | €417,000 | €5,158 | 6.7% | 57 | 73 |
Long-term rental Given the 3.9% gross yield, the financial performance of this property for a long-term rental strategy may not meet investor expectations. The apartment is overpriced by 13.5% compared to its fair value, which can limit long-term capital growth potential. Family rental While the neighborhood receives a relatively decent rating of 70/100, the property's condition is low at 39/100, making it less attractive for families seeking quality housing. The 13.5% gap from the fair value suggests that the pricing does not align with the needs and expectations of family renters. Buy-and-hold Although buy-and-hold strategies can be solid in a stable market, this property’s overpricing of 13.5% relative to fair value raises concerns over investment returns. Coupled with the low condition rating, it may hinder appreciation over time despite potential neighborhood benefits.
Economic Sensitivity The property faces potential downturn risks due to a relatively moderate economic stability score of 70/100, which may affect tenant demand and rental income stability.
