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, 1-bathroom apartment of 88 m² on the 1st floor, energy rating D. Located on rua José Elias Garcia, Carcavelos e Parede parish, Cascais municipality, Lisbon district. This apartment features a charming balcony with good solar exposure, enhancing outdoor living while being just minutes from the picturesque beaches of Parede.
The valuation. The asking price of €420,000 is €35,675 (9.3%) above the fair value of €384,325, indicating the property is valued fairly within the current market context. Buy-to-flip angle. A buy-and-flip strategy can be pursued with potential renovation enhancements to leverage the appealing design and finishes for a resale at a higher price in the current market. Buy-to-let angle. With an estimated rental income of €1,365/month reflecting a 3.9% gross yield, the property can attract long-term tenants seeking quality living in the desirable Cascais area.
Fair value modelled at €384,325 from 6 comparable sales in the area. Asking €420,000 sits €35,675 (9.3%) above — overpriced versus fair value.
Asking €420,000 versus the rua José Elias Garcia area baseline of €379,275 (€4,310/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 is above the parish average, lifting 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 €379,275, adjusted for condition and micro-location, gives a modelled fair value of €384,325 (€4,367/m²), a €35,675 (9.3%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José Elias Garcia | Subject | €420,000 | €4,773 | — | 72 | 73 |
| rua São Francisco Xavier | Active | €350,000 | €4,545 | 4.8% | 70 | 72 |
| São Domingos de Rana · 6d5464 | Active | €650,000 | €4,221 | 11.6% | 70 | 74 |
| praceta Lagoa de Óbidos, 174 | Active | €329,000 | €4,910 | 2.9% | 76 | 71 |
| rua Gil Eanes, 136 | Active | €429,900 | €3,613 | 24.3% | 74 | 71 |
| Median comp | €389,950 | €4,383 | 8.2% | 72 | 72 |
Long-term rental The property in Carcavelos e Parede presents a reasonable investment opportunity, offering a gross yield of 3.9% despite its fair valuation at €420,000. It benefits from high market demand in Greater Lisbon, which underpins consistent rental income potential. Family rental Given its fair value status and the family-friendly atmosphere of the neighborhood, this 2-bed apartment serves as a suitable option for long-term family rentals. The apartment's location in a low-crime area enhances its appeal to families seeking stable housing. Buy-and-hold With a fair valuation and a favorable yield of 3.9%, this property aligns well with buy-and-hold strategies for investors looking to benefit from long-term appreciation in an established neighborhood. The overall condition rating of 74/100 indicates that the apartment requires minimal immediate attention, supporting its viability as a solid long-term asset.
Tenant turnover risk With a tenant stability score of 70/100, there is a potential risk of increased turnover, which could disrupt rental income and incur additional costs associated with finding new tenants.
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