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 89 m², built in 1959, energy rating C. Located on rua Doutor Manuel de Arriaga, 242, Carcavelos e Parede parish, Cascais municipality, Lisbon district. The apartment boasts a communal terrace with a stunning sea view, enhancing the outdoor experience without needing personal outdoor space.
The valuation. The asking price of €459,000 is slightly below the fair value of €471,944, resulting in a difference of €12,944 (2.8%). This apartment is effectively underpriced and presents a valuable opportunity for investors.
Fair value modelled at €471,944 from the area baseline, adjusted for condition and location. Asking €459,000 sits €12,944 (2.8%) below — the upside to fair value.
Asking €459,000 versus the rua Doutor Manuel de Arriaga, 242 area baseline of €440,461 (€4,949/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 75 · Materials 65 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Doutor Manuel de Arriaga, 242
Area baseline €440,461 + condition -€9,039 + location +€40,522 = modelled fair value of €471,944 (€5,303/m²), a €12,944 (2.8%) gap versus the €459,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Manuel de Arriaga, 242 | Subject | €459,000 | €5,157 | — | 75 | 73 |
| avenida Maria da Conceição | Active | €350,000 | €5,932 | 15.0% | 68 | 72 |
| rua Alferes Santos Fidalgo, 62 | Active | €435,000 | €7,250 | 40.6% | 70 | 73 |
| Oeiras e São Julião da Barra, Paço de Arcos e Caxias · 6d526c | Active | €475,000 | €5,938 | 15.1% | — | 75 |
| Carcavelos e Parede · cfe21e | Active | €350,000 | €7,292 | 41.4% | 73 | 61 |
| Median comp | €392,500 | €6,594 | 27.9% | 70 | 73 |
Long-term rental With a fair value of €471,944, the 2-bed apartment in Carcavelos e Parede represents a 2.8% difference from its listing price of €459,000, offering a modest advantage for stable, long-term tenancy. The projected gross yield of 3.3% indicates a solid performance in a sought-after suburban location near Lisbon. Buy-and-hold The property is valued attractively at €459,000 compared to its fair value of €471,944, reflecting a minor 2.8% underpricing that positions it as a worthy long-term investment. With a condition rating of 69/100 and a neighbourhood quality of 73/100, it is well-suited for sustained property appreciation over time. Family rental Listing at €459,000 with a fair value of €471,944 reveals a 2.8% potential upside for family-oriented tenants seeking a comfortable living space in Carcavelos e Parede. This property’s decent condition and neighbourhood ratings make it an appealing choice for families, particularly in a growing suburban area. Not ideal for short-term vacation rental, luxury market, or student housing The property’s characteristics and market dynamics do not align with the demands of short-term vacation rentals, the luxury segment, or student housing options. Its configuration and location cater more effectively to long-term residential needs rather than transient demands.
Economic Vulnerability With an economic stability score of 75/100, the property is moderately affected by economic fluctuations, which could lead to potential income instability. Tenant Turnover Risk A tenant stability score of 65/100 indicates a higher likelihood of tenant turnover, potentially increasing costs related to vacancy and leasing.
