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, 3-bathroom apartment of 137 m² on the 3rd floor, built in 2001, energy rating C. Located on rua dos Plátanos, 191, Carcavelos e Parede parish, Cascais municipality, Lisbon district. This apartment features private balconies in two suites, enhancing comfort and exclusivity while offering unobstructed views and excellent sun exposure.
The valuation. The asking price of €679,000 is slightly above the fair value of €665,049, reflecting a premium of €13,951 (2.1%). This positions the property as reasonably priced given its market conditions.
Fair value modelled at €665,049 from 5 comparable sales in the area. Asking €679,000 sits €13,951 (2.1%) above — overpriced versus fair value.
Asking €679,000 versus the rua dos Plátanos, 191 area baseline of €703,996 (€5,139/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €703,996, adjusted for condition and micro-location, gives a modelled fair value of €665,049 (€4,854/m²), a €13,951 (2.1%) gap versus the €679,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Plátanos, 191 | Subject | €679,000 | €4,956 | — | 60 | 74 |
| Carcavelos e Parede · 33bb8c | Active | €720,000 | €6,050 | 22.1% | 60 | 71 |
| rua Consul Aristides de Sousa Mendes, 28 | Active | €768,000 | €6,678 | 34.7% | 70 | 73 |
| São Domingos de Rana · ba59c1 | Active | €500,000 | €4,854 | 2.1% | 65 | 68 |
| São Domingos de Rana · 225c28 | Active | €500,000 | €4,854 | 2.1% | 72 | 74 |
| Median comp | €610,000 | €5,452 | 10.0% | 68 | 72 |
Long-term rental The investment in this 3-bed apartment in Carcavelos e Parede offers a gross yield of 3.9%, aligning with typical returns in the Lisbon metropolitan area. Though the property is priced fairly at €679,000, its moderate condition rating of 63/100 suggests a potential for improvement to maximize rental appeal. Family rental Aiming this property at families looking for suburban comfort is promising given its good neighborhood rating of 74/100, indicating a suitable environment for raising children. While the price of €679,000 reflects a fair valuation, prospective investors should consider enhancing the apartment's current condition to attract long-term family tenants effectively. Buy-and-hold Holding this apartment as a long-term investment could yield steady returns given the 3.9% gross yield and the economic benefits of being located in the Lisbon area. The current listing is fair at €679,000, suggesting stability; however, improving the property’s condition could further enhance its long-term value appreciation.
Tenant turnover risk The tenant stability score of 75/100 indicates a moderate risk of tenant turnover, which could affect cash flow stability in the long run.
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