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 on rua Ary dos Santos, 637, Carcavelos e Parede parish, Cascais municipality, Lisbon district. Noteworthy Features: The master bedroom includes a private open balcony, while the secondary bedroom features a sunroom, enhancing both living space and natural light throughout the apartment.
The valuation. The asking price of €390,000 is slightly below the fair value of €396,064, making it underpriced by €6,064 (1.6%). This presents a favorable situation for potential investors.
Fair value modelled at €396,064 from the area baseline, adjusted for condition and location. Asking €390,000 sits €6,064 (1.6%) below — the upside to fair value.
Asking €390,000 versus the rua Ary dos Santos, 637 area baseline of €353,498 (€4,777/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 71 · Materials 76 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Ary dos Santos, 637
Area baseline €353,498 + condition -€925 + location +€30,763 = modelled fair value of €396,064 (€5,352/m²), a €6,064 (1.6%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ary dos Santos, 637 | Subject | €390,000 | €5,270 | — | 71 | 71 |
| São Domingos de Rana · 02396d | Active | €435,000 | €5,241 | 0.6% | 65 | 76 |
| Carcavelos e Parede · 0dce33 | Active | €479,000 | €5,988 | 13.6% | 78 | 74 |
| rua Vasco da Gama S / N | Active | €1,200,000 | €7,843 | 48.8% | 75 | 71 |
| urbanização Polima | Active | €499,000 | €3,780 | 28.3% | 74 | 72 |
| Median comp | €489,000 | €5,615 | 6.5% | 75 | 73 |
Long-term rental The property in Carcavelos e Parede, listed at €390,000, presents a unique opportunity for long-term rental investments, as it is priced at only 1.6% below its fair value of €396,064. With a gross yield of 3.4%, this investment aligns well with the stable demand for residential housing in a suburban area close to Lisbon. Family rental This 2-bed apartment is well-suited for family rentals, given its spacious layout and competitive pricing relative to its fair value; the gap indicates a solid investment in a growing community. The attractive gross yield of 3.4% suggests potential for consistent rental income amidst family-oriented amenities in the neighborhood. Buy-and-hold With a current listing price of €390,000, which is only 1.6% below its fair value, this property presents an appealing buy-and-hold strategy given its desirable suburban location near Lisbon. The combination of a 3.4% gross yield and a solid neighborhood rating makes it a prudent choice for long-term asset growth and stability.
Tenant turnover risk With both economic and tenant stability scores at 70/100, there is a moderate risk of tenant turnover affecting rental income continuity.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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