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 115 m² on the 1st floor, built in 1990, energy rating E. Located on avenida Maria Lamas, Carcavelos e Parede parish, Cascais municipality, Lisbon district. Noteworthy Features: The property offers exceptional renovation potential with a generously sized 15.2 m² kitchen and two fronts providing unobstructed views and abundant natural light throughout.
The valuation. The asking price of €485,000 is only slightly above the fair value of €483,390, indicating that the property is priced fairly in the current market environment. This minimal difference of €1,610 (0.3%) suggests no immediate concern for buyers. Buy-to-flip angle. Focusing on a resale strategy, the property can be improved with relatively low-cost updates to increase its appeal, potentially yielding a profit upon resale given the suburban demand. Targeted renovations could elevate the limited upgrade appeal to attract buyers quickly. Buy-to-let angle. The estimated rental income of €1,576 per month yields approximately 3.9%, fitting well within the buy-and-hold strategy for long-term investment. With family renters likely to seek this mixed-neighborhood location, stable cash flow can be anticipated.
Fair value modelled at €483,390 from 6 comparable sales in the area. Asking €485,000 sits €1,610 (0.3%) above — overpriced versus fair value.
Asking €485,000 versus the avenida Maria Lamas area baseline of €523,615 (€4,553/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 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 €523,615, adjusted for condition and micro-location, gives a modelled fair value of €483,390 (€4,203/m²), a €1,610 (0.3%) gap versus the €485,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Maria Lamas | Subject | €485,000 | €4,217 | — | 62 | 76 |
| rua São Mateus S / N | Active | €430,000 | €4,674 | 10.8% | 64 | 64 |
| avenida da República, 120 | Active | €430,000 | €3,071 | 27.2% | — | 70 |
| rua Manuel de Almeida e Vasconcelos, 8 | Active | €595,000 | €3,967 | 5.9% | 68 | 68 |
| rua Infante Dom Henrique, 105 | Active | €420,000 | €4,468 | 5.9% | 68 | 72 |
| Median comp | €430,000 | €4,218 | 0% | 68 | 69 |
Long-term rental The property offers a gross yield of 3.9%, which aligns with market expectations in suburban areas like Carcavelos e Parede. Given its fair valuation at €485,000 and overall decent condition, this apartment can serve as a reliable long-term rental investment. Buy-and-hold Holding this property could yield steady rental income, with the fair value of €483,390 suggesting it won't depreciate significantly over time. Its 62/100 condition and community rating of 76/100 indicate potential for stable appreciation in the context of a growing suburb. Family rental The property is well-suited for families, benefiting from a neighbourhood score of 76/100 that implies a good environment for children. Being priced fairly at €485,000, it should attract family tenants looking for suburban comforts within reasonable access to Lisbon's urban amenities.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate risk of tenant turnover, which could lead to increased vacancies and associated costs.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
