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, 1-bathroom apartment of 83 m² on the 1st floor, energy rating D. Located on avenida Maria da Conceição, 86, Carcavelos e Parede parish, Cascais municipality, Lisbon district. Noteworthy Features: This apartment boasts an impressive location just 1 minute from Carcavelos station, enhancing its appeal for commuters and beach lovers alike. Condition Notes: While dated, the property is well-maintained with functional appliances.
The valuation. The asking price of €410,000 sits €29,318 (7.7%) above fair value, which is determined to be €380,682. This property represents a fair opportunity in the current market. Buy-to-flip angle. A buy-to-flip strategy could involve updating fixtures and cabinetry to enhance appeal, potentially realizing a significant profit upon resale given the average condition. With targeted renovations, the property could attract higher offers. Buy-to-let angle. The estimated monthly rental income of €1,367 provides a gross yield of 4%, making it a viable option for long-term investment. This suburban area’s appeal to middle-income families enhances rental demand and stability.
Fair value modelled at €380,682 from 6 comparable sales in the area. Asking €410,000 sits €29,318 (7.7%) above — overpriced versus fair value.
Asking €410,000 versus the avenida Maria da Conceição, 86 area baseline of €415,807 (€5,010/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €415,807, adjusted for condition and micro-location, gives a modelled fair value of €380,682 (€4,587/m²), a €29,318 (7.7%) gap versus the €410,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Maria da Conceição, 86 | Subject | €410,000 | €4,940 | — | 63 | 68 |
| Carcavelos e Parede · 65a639 | Active | €539,000 | €4,568 | 7.5% | 70 | 67 |
| São Domingos de Rana · 49b896 | Active | €350,000 | €4,605 | 6.8% | — | 71 |
| avenida Gago Coutinho | Active | €440,000 | €4,400 | 10.9% | 72 | 69 |
| rua São Mateus S / N | Active | €430,000 | €4,674 | 5.4% | 64 | 64 |
| Median comp | €435,000 | €4,587 | 7.2% | 70 | 68 |
Long-term rental The property in Carcavelos e Parede is positioned as a fair investment for long-term rental with a gross yield of 4%, appealing to stable middle-income families in the area. Given the relatively good access to Lisbon and Setúbal, the demand for rentals in this suburban location supports consistent occupancy rates. Family rental This 3-bed apartment, priced at €410,000, is suitable for family rentals, aligned with the neighborhood's quality rating of 68/100, indicating a strong appeal for families. Its condition score of 60/100 suggests that while some renovations may be required, it remains a viable option for comfortable family living. Buy-and-hold Investing in this property for a buy-and-hold strategy makes sense, as its fair value reflects stability in the housing market of Carcavelos e Parede, likely ensuring a reasonable appreciation over time. The apartment's location offers good access to urban centers, enhancing its long-term rental attractiveness for future homeowners or investors. Not ideal for This property is not well-suited for short-term vacation rentals, luxury market engagements, or high turnover investments due to its moderate condition and pricing. The suburban setting, while family-friendly, does not cater to the dynamics expected by tourists or luxury renters who prefer high-energy urban environments.
Tenant turnover risk With a tenant stability score of 65/100, there is a potential risk of increased tenant turnover, which could lead to higher vacancy rates and reduced rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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