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, 2-bathroom apartment of 123 m², energy rating D. Located on rua Ilha de São Jorge, 165, Carcavelos e Parede parish, Cascais municipality, Lisbon district. Noteworthy Feature: This apartment uniquely boasts four sunrooms, enhancing natural light and flexibility for various uses, making it a standout choice for modern living in Carcavelos e Parede.
The valuation. The asking price of €525,000 is significantly below the fair value of €636,921, representing a discount of €111,921 or 21.3%. This property is considered underpriced and presents a solid investment opportunity.
Fair value modelled at €636,921 from the area baseline, adjusted for condition and location. Asking €525,000 sits €111,921 (21.3%) below — the upside to fair value.
Asking €525,000 versus the rua Ilha de São Jorge, 165 area baseline of €608,727 (€4,949/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 75 · Room dimensions 76). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 63/100 (Housing Market 70 · Amenities 60 · Economic 65 · Tenant Quality 58). Strong amenities and housing-market momentum support a premium to baseline.
rua Ilha de São Jorge, 165
Area baseline €608,727 + condition -€3,459 + location +€31,654 = modelled fair value of €636,921 (€5,178/m²), a €111,921 (21.3%) gap versus the €525,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ilha de São Jorge, 165 | Subject | €525,000 | €4,268 | — | 70 | 63 |
| estrada Rebelva | Active | €590,000 | €3,576 | 16.2% | 72 | 79 |
| Carcavelos e Parede · 937294 | Active | €450,000 | €4,737 | 11.0% | 74 | 68 |
| Oeiras e São Julião da Barra, Paço de Arcos e Caxias · 4bc848 | Active | €645,000 | €4,388 | 2.8% | 70 | 68 |
| rua de Santa Clara, 149 | Active | €398,000 | €4,103 | 3.9% | 74 | 74 |
| Median comp | €520,000 | €4,246 | 0.5% | 73 | 71 |
Long-term rental The property in Carcavelos e Parede, priced at €525,000, presents a compelling opportunity as it has a fair value of €636,921, indicating a 21.3% gap that makes it subpriced. With a reasonable yield of 3.4% gross, it can attract stable tenants in a suburban location known for its low crime rates and decent amenities. Family rental This 3-bed apartment, being subpriced compared to its fair value, is well-suited for family rentals in the Cascais area. The combination of a favorable environment and sufficient space makes it appealing to families looking to settle in Greater Lisbon. Buy-and-hold With its fair value significantly exceeding the listing price, this property represents an advantageous buy-and-hold investment in the long run. As the market in Greater Lisbon appreciates, buyers can expect strong capital growth from this subpriced asset. Not ideal for luxury market Given the property’s characteristics and neighborhood rating of 63/100, it is not suited for the luxury market where higher standards are anticipated. Its current positioning does not align with luxury clientele expectations. Not ideal for student housing Although nearby amenities might attract some students, the suburban nature of Carcavelos e Parede and the property’s overall rating do not make it appealing for student housing. The demographic and market trends point towards a more stable tenant profile. Not ideal for short-term vacation rental The property is overpriced for the short-term vacation rental market due to its location and local amenities, which may not cater to transient visitors. Thus, it is better suited for long-term leases rather than short-term stays.
Economic Vulnerability The economic stability score of 65/100 suggests a moderate risk, indicating potential fluctuations that could impact property values and rental income. Tenant Turnover Risk With a tenant stability score of 58/100, there is a significant risk of high tenant turnover, affecting cash flow and increasing management costs.