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 86 m², built in 1999. Located Carcavelos e Parede parish, Cascais municipality, Lisbon district. Noteworthy Features: This apartment boasts a 24-hour doorman service and is located just a 5-minute walk from the beach, enhancing its appeal in a tranquil seaside setting.
The valuation. The asking price of €860,000 sits significantly above the fair value of €437,355, indicating the property is overpriced by €422,645 (49.1%). This suggests a substantial investment risk for potential buyers. Buy-to-flip angle. The buy-to-flip strategy would face challenges, as the current asking price surpasses typical resale values in the area, limiting short-term profit potential. A significant renovation would be necessary to enhance value for resale. Buy-to-let angle. The estimated rental income is approximately €1,433/month, yielding a gross yield of 2%, which is relatively low considering the property’s price. This suggests the apartment may not be an attractive option for long-term rental investment.
Fair value modelled at €437,355 from the area baseline, adjusted for condition and location. Asking €860,000 sits €422,645 (49.1%) above — overpriced versus fair value.
Asking €860,000 versus the Carcavelos e Parede, Cascais, Lisbon area baseline of €425,614 (€4,949/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 68 · Materials 70 · Room dimensions 63). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 64/100 (Housing Market 65 · Amenities 60 · Economic 70 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Carcavelos e Parede, Cascais, Lisbon
Area baseline €425,614 + condition -€12,094 + location +€23,834 = modelled fair value of €437,355 (€5,086/m²), a €422,645 (49.1%) gap versus the €860,000 asking price.
Long-term rental The property is currently overpriced at €860,000, a significant 49.1% above its fair value of €437,355, which diminishes the return on investment potential. With a gross yield of only 2%, this strategy is unlikely to generate favorable cash flow in a competitive rental market. Family rental At a listing price of €860,000, the apartment fails to present a reasonable investment for potential family rentals, being 49.1% above its fair value. Families often seek value in their housing choices, and this property’s yield of only 2% makes it less attractive compared to alternatives in the area. Short-term vacation rental Pricing the property at €860,000, 49.1% above fair value, raises significant concerns about its viability in the short-term vacation rental market. With a modest gross yield of 2%, the investment does not align with the typical expectations of high-demand and high-earning vacation rentals in popular tourist locations.
Economic downturn risk With an economic stability score of 70, the property may be susceptible to negative effects from a declining economy that can impact rental income and property value.
