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 147 m². Located on rua Carangueja, 195, Alcabideche parish, Cascais municipality, Lisbon district. Noteworthy Features: The apartment includes two private balconies optimized for panoramic sunset views, enhancing both relaxation and outdoor living space. Condition Notes: Impressive quality materials reflect modern aesthetics throughout.
The valuation. The asking price of €515,000 is notably below the fair value of €596,394, presenting an opportunity at a 15.8% discount. This valuation positions the property as an attractive acquisition for prospective investors.
Fair value modelled at €596,394 from the area baseline, adjusted for condition and location. Asking €515,000 sits €81,394 (15.8%) below — the upside to fair value.
Asking €515,000 versus the rua Carangueja, 195 area baseline of €545,517 (€3,711/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 75 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Carangueja, 195
Area baseline €545,517 + condition +€689 + location +€50,188 = modelled fair value of €596,394 (€4,057/m²), a €81,394 (15.8%) gap versus the €515,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Carangueja, 195 | Subject | €515,000 | €3,503 | — | 72 | 73 |
| rua Alegre, 3 | Active | €600,000 | €4,615 | 31.7% | 78 | 81 |
| rua Particular | Active | €487,000 | €3,504 | 0% | 72 | 73 |
| rua Rio das Grades, 19 | Active | €550,000 | €3,548 | 1.3% | 71 | 65 |
| rua Professor Doutor Manuel Eugénio Machado Macedo, 157 | Active | €695,000 | €4,826 | 37.8% | 70 | 68 |
| Median comp | €575,000 | €4,082 | 16.5% | 72 | 71 |
Long-term rental The property presents a solid investment opportunity for long-term rental, with a gross yield of 3.9% in a market where demand for housing remains strong due to its proximity to coastal Lisbon. Given its fair value of €596,394 versus a listing price of €515,000, this asset is clearly underpriced by 15.8%, increasing its appeal for landlords seeking stable income. Family rental This 2-bed apartment is well-positioned for family rentals, benefiting from suburban amenities and a decent neighborhood score of 73/100. With a gap to fair value of 15.8%, its competitive pricing enhances its attractiveness to families looking for a more affordable living option in a desirable area. Buy-and-hold Investing in this property for a buy-and-hold strategy is prudent, as the current market listing is below its fair value, suggesting potential appreciation over time. The favorable yield of 3.9% further positions this asset as a reliable choice for investors aiming for long-term equity gain, especially in a growing suburb like Alcabideche.
Economic-tenant stability risk The combined economic and tenant stability scores of 70/100 suggest a moderate risk, indicating potential fluctuations in rental income and tenant retention.