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 135 m², built in 2024, energy rating A+. Located on praceta José Figueiredo Fonseca, Carcavelos e Parede parish, Cascais municipality, Lisbon district. Noteworthy features: This apartment includes a central vacuum system and state-of-the-art Daikin air conditioning to enhance comfort and energy efficiency throughout the living space.
The valuation. The asking price of €820,000 is above the fair value of €735,767, creating a discrepancy of €84,233 (10.3%). This property is considered overpriced based on current market comparisons. Buy-to-flip angle. A buy-to-flip strategy could target a resale at a price reflecting renovations that enhance the apartment's appeal in the thriving Carcavelos e Parede area. The goal would be to achieve a quicker return on investment. Buy-to-let angle. For a buy-to-let approach, the estimated rental income of €2,050 per month provides a gross yield of 3%, attractive for long-term tenants. This could create consistent cash flow in the suburban Lisbon market.
Fair value modelled at €735,767 from the area baseline, adjusted for condition and location. Asking €820,000 sits €84,233 (10.3%) above — overpriced versus fair value.
Asking €820,000 versus the praceta José Figueiredo Fonseca area baseline of €668,115 (€4,949/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 87/100 (Condition 90 · Materials 85 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 60 · Economic 80 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
praceta José Figueiredo Fonseca
Area baseline €668,115 + condition +€16,875 + location +€50,777 = modelled fair value of €735,767 (€5,450/m²), a €84,233 (10.3%) gap versus the €820,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta José Figueiredo Fonseca | Subject | €820,000 | €6,074 | — | 90 | 69 |
| praceta José Figueiredo Fonseca | Active | €850,000 | €5,903 | 2.8% | 78 | 76 |
| rua Barros Queirós S / N | Active | €1,100,000 | €6,111 | 0.6% | 80 | 72 |
| rua Fernão de Magalhães, 92 | Active | €810,000 | €5,586 | 8.0% | 75 | 68 |
| rua Doutor Manuel de Arriaga | Active | €1,377,000 | €4,545 | 25.2% | 85 | 71 |
| Median comp | €975,000 | €5,745 | 5.4% | 79 | 72 |
Family rental Given the current valuation of €820,000, the property appears overpriced, with a fair value of €735,767 reflecting a 10.3% gap. While the area’s proximity to Lisbon may attract families, the overall neighborhood score of 69/100 indicates limited appeal for long-term family renters. Long-term rental With a gross yield of only 3%, this apartment's pricing suggests it may not generate sufficient returns for long-term investors. The combination of its overpriced valuation and moderate neighborhood amenities limits its attractiveness in the long-term rental market. Buy-and-hold Holding an asset that is currently valued at €820,000 may not yield favorable appreciation given its fair value assessment of €735,767. The property’s condition rating of 87/100 is positive, but combined with its overpriced nature, it poses risks for long-term capital gains in a competitive market.
Lower tenant retention risk Given the tenant stability score of 65/100, there is a potential risk of higher turnover rates, which could lead to increased costs and vacancies.
