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 132 m², built in 2007, energy rating C. Located on rua Mealha, Alcabideche parish, Cascais municipality, Lisbon district. Location: The property is nestled in a prestigious gated community known for its extensive green spaces and family-oriented amenities, enhancing the quality of life in a tranquil environment. Security: Offers 24-hour security and surveillance, ensuring peace of mind for residents.
The valuation. The asking price of €579,000 is above the fair value of €545,850, indicating a premium of €33,150 (5.7%). This suggests that the property is overpriced compared to market equivalents.
Fair value modelled at €545,850 from the area baseline, adjusted for condition and location. Asking €579,000 sits €33,150 (5.7%) above — overpriced versus fair value.
Asking €579,000 versus the rua Mealha area baseline of €564,168 (€4,274/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 78 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
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 Mealha
Area baseline €564,168 + condition +€10,931 + location +€45,066 = modelled fair value of €545,850 (€4,135/m²), a €33,150 (5.7%) gap versus the €579,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Mealha | Subject | €579,000 | €4,386 | — | 78 | 73 |
| rua Mealha | Active | €600,000 | €6,452 | 47.1% | 75 | 72 |
| rua Mealha | Active | €695,000 | €5,388 | 22.8% | 75 | 71 |
| Carcavelos e Parede · 0dce33 | Active | €479,000 | €5,988 | 36.5% | 78 | 74 |
| Carcavelos e Parede · ba59a4 | Active | €390,000 | €5,270 | 20.2% | 75 | 70 |
| Median comp | €539,500 | €5,688 | 29.7% | 75 | 72 |
Long-term rental The property’s price tag of €579,000 exceeds the fair value of €545,850 by 5.7%, indicating it is overpriced. With a gross yield of 3.9%, the return on this investment does not justify the elevated price in the current market context. Family rental This apartment, while located in the desirable Alcabideche area, is currently overpriced, structurally limiting its appeal for family rental purposes. The spatial dimensions and neighborhood amenities do provide potential for long-term occupancy, but the financial entry point may deter many families seeking affordable accommodations. Buy-and-hold Despite the attractive location near Lisbon, the property is priced at €579,000, which is 5.7% above its fair market value. Holding this property for appreciation may not yield sufficient returns due to the current overpriced nature of the asset and its modest yield of 3.9%.
Increased vacancy risk The combination of a high economic stability score of 75/100 and a lower tenant stability score of 65/100 indicates potential challenges in maintaining consistent occupancy levels, which could impact rental income stability.
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