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, 2-bathroom apartment of 114 m², built in 2005. Located Carcavelos e Parede parish, Cascais municipality, Lisbon district. Noteworthy Features: This property boasts three balconies offering unobstructed sea views, one equipped with a storage area and small sink, enhancing outdoor utility and leisure opportunities.
The valuation. The asking price of €670,000 is €49,635 (7.4%) above the fair value of €620,365, indicating that the property is overpriced. This may deter potential buyers seeking a sound investment.
Fair value modelled at €620,365 from the area baseline, adjusted for condition and location. Asking €670,000 sits €49,635 (7.4%) above — overpriced versus fair value.
Asking €670,000 versus the Carcavelos e Parede, Cascais, Lisbon area baseline of €564,186 (€4,949/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 80 · Materials 83 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 65 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Carcavelos e Parede, Cascais, Lisbon
Area baseline €564,186 + condition +€11,044 + location +€45,135 = modelled fair value of €620,365 (€5,442/m²), a €49,635 (7.4%) gap versus the €670,000 asking price.
Long-term rental The 2-bed apartment in Carcavelos e Parede, listed at €670,000, is overpriced compared to the fair value of €620,365, indicating a 7.4% gap. With a gross yield of only 3.2%, the investment may offer limited returns in a suburban area that, while benefiting from Lisbon's economic activities, doesn’t justify the premium. Family rental This property is not positioned as an attractive option for family rentals due to its overpriced valuation of €670,000 versus a fair value of €620,365, reflecting a 7.4% discrepancy. While the area has good commuting options and amenities, the rental market is unlikely to support the high purchase price effectively. Buy-and-hold Investing in this apartment as a buy-and-hold strategy would be suboptimal, given its €670,000 price tag, which exceeds the fair value of €620,365 by 7.4%. The property's mediocre condition score of 81/100 and a neighbourhood rating of 70/100 further indicate that long-term appreciation may not compensate for the inflated initial investment.
Moderate Risk of Vacancy With both economic and tenant stability scores at 70/100, there is a moderate risk of vacancy due to potential fluctuations in the local economy and tenant retention issues.
