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 162 m², energy rating E. Located Carcavelos e Parede parish, Cascais municipality, Lisbon district. Noteworthy Feature: This apartment boasts a spacious, west-facing balcony that creates a seamless indoor-outdoor living experience, enhancing both natural light and views of surrounding green areas.
The valuation. The asking price of €670,000 sits €64,590 (10.7%) above the fair value of €605,410, making this property overpriced. Investors should be cautious as the valuation does not align with market expectations.
Fair value modelled at €605,410 from 6 comparable sales in the area. Asking €670,000 sits €64,590 (10.7%) above — overpriced versus fair value.
Asking €670,000 versus the Carcavelos e Parede, Cascais, Lisbon area baseline of €575,769 (€3,554/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €575,769, adjusted for condition and micro-location, gives a modelled fair value of €605,410 (€3,737/m²), a €64,590 (10.7%) gap versus the €670,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carcavelos e Parede · 3a70ee | Subject | €670,000 | €4,136 | — | 75 | 72 |
| rua Maria Telles Mendes | Active | €499,000 | €3,898 | 5.7% | 72 | 74 |
| rua Maria Telles Mendes | Active | €499,000 | €3,898 | 5.7% | 70 | 73 |
| estrada Rebelva | Active | €590,000 | €3,576 | 13.5% | 72 | 79 |
| São Domingos de Rana · 1e63ae | Active | €448,000 | €4,571 | 10.5% | 70 | 69 |
| Median comp | €499,000 | €3,898 | 5.7% | 71 | 74 |
Long-term rental The property is overpriced at €670,000 compared to the fair value of €605,410, representing a 10.7% gap. With a gross yield of 3.2%, the financial return does not justify the elevated price point in this suburban Lisbon market. Family rental Although the property might appeal to families, its current price significantly exceeds the fair value of €605,410. The 3.2% gross yield suggests it is not positioned to meet the financial expectations of family-oriented tenants in Carcavelos e Parede. Buy-and-hold Investing in this property as a buy-and-hold strategy is constrained by its overpriced listing of €670,000 against a fair value of €605,410. The anticipated rental income and long-term appreciation are unlikely to deliver satisfactory returns given the current market yield. Not ideal for: Short-term vacation rental, Luxury market, Student housing The property’s characteristics and pricing make it unsuitable for high-demand segments like short-term vacation rentals or the luxury market. Its condition score of 78/100 and the overall neighbourhood rating of 72/100 do not support premium pricing expected in those segments.
Economic Vulnerability The economic stability score of 70/100 indicates potential fluctuations in the local market that could impact rental income stability.
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