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 74 m², energy rating C. Located Carcavelos e Parede parish, Cascais municipality, Lisbon district. This apartment uniquely features a transformed office space flooded with natural light and a spacious balcony that enhances outdoor living and relaxation opportunities.
The valuation. The asking price of €390,000 is slightly below the fair value of €400,380, indicating that this property is underpriced by €10,380 (2.7%). This presents an advantageous opportunity for potential buyers.
Fair value modelled at €400,380 from the area baseline, adjusted for condition and location. Asking €390,000 sits €10,380 (2.7%) below — the upside to fair value.
Asking €390,000 versus the Carcavelos e Parede, Cascais, Lisbon area baseline of €366,226 (€4,949/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 81 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 80 · Amenities 70 · Economic 70 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Carcavelos e Parede, Cascais, Lisbon
Area baseline €366,226 + condition +€4,856 + location +€29,298 = modelled fair value of €400,380 (€5,411/m²), a €10,380 (2.7%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carcavelos e Parede · ba59a4 | Subject | €390,000 | €5,270 | — | 75 | 70 |
| Carcavelos e Parede · 0dce33 | Active | €479,000 | €5,988 | 13.6% | 78 | 74 |
| rua Laura Alves | Active | €479,000 | €5,988 | 13.6% | 83 | 72 |
| rua Vasco da Gama S / N | Active | €1,200,000 | €7,843 | 48.8% | 75 | 71 |
| São Domingos de Rana · 02396d | Active | €435,000 | €5,241 | 0.6% | 65 | 76 |
| Median comp | €479,000 | €5,988 | 13.6% | 77 | 73 |
Long-term rental The 2-bed apartment in Carcavelos e Parede offers a competitive gross yield of 3.4%, indicating strong rental potential in a suburban setting with access to Lisbon's amenities. With a fair value slightly higher at €400,380, this property presents an attractive long-term rental opportunity that aligns with market demands. Family rental Given its spacious 74m² layout and decent condition rating of 79/100, this apartment is well-suited for family living, providing enough space and comfort. The favourable location within Greater Lisbon and proximity to essential amenities enhance its appeal for family tenants looking for stability and convenience. Buy-and-hold The modest gap of 2.7% from fair value suggests that the property is not dramatically overpriced, making it a solid candidate for a buy-and-hold strategy. As the housing market in Cascais continues to evolve, this property could see appreciation over time, benefiting investors who plan to hold it for the long term.
Tenant turnover risk The tenant stability score of 60/100 indicates a moderate likelihood of vacancies, which may disrupt cash flow and require additional costs for finding new tenants.