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 94 m² on the 1st floor, built in 1987, energy rating E. Located on estrada da Alagoa, Carcavelos e Parede parish, Cascais municipality, Lisbon district. Noteworthy Features: The apartment boasts premium walnut paneling and marble-effect tiling in the kitchen and bathroom, coupled with high ceilings that enhance the brightness and modernity of the living spaces.
The valuation. The asking price of €549,000 is set above the fair value of €529,675 by €19,325 (3.6%). This positioning indicates that the property is fairly valued in the current market context.
Fair value modelled at €529,675 from 6 comparable sales in the area. Asking €549,000 sits €19,325 (3.6%) above — overpriced versus fair value.
Asking €549,000 versus the estrada da Alagoa area baseline of €468,312 (€4,982/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €468,312, adjusted for condition and micro-location, gives a modelled fair value of €529,675 (€5,635/m²), a €19,325 (3.6%) gap versus the €549,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada da Alagoa | Subject | €549,000 | €5,840 | — | 92 | 74 |
| rua Brito Camacho, 11 | Active | €450,000 | €7,258 | 24.3% | 80 | 73 |
| rua Fernando Pó | Active | €380,000 | €5,278 | 9.6% | 78 | 71 |
| rua António Galvão | Active | €425,000 | €6,250 | 7.0% | 76 | 76 |
| rua Comandante Luis Filipe de Araújo, 16 | Active | €480,000 | €5,926 | 1.5% | 75 | 68 |
| Median comp | €437,500 | €6,088 | 4.2% | 77 | 72 |
Long-term rental The 2-bed apartment in Carcavelos e Parede offers a stable yield of 2.8%, making it an acceptable option for long-term rental. However, the property is priced at €549,000, which is only 3.6% above the fair value of €529,675, indicating it is appropriately valued in the current market. Family rental With a favorable environment for families and a neighborhood rating of 74/100, this apartment is well-positioned for renting to families seeking stability. The fair valuation of the property at €549,000 suggests it is accessible for family renters without being overpriced. Buy-and-hold Investing in this apartment for a buy-and-hold strategy can be considered, given the decent condition rating of 84/100 and the overall desirable location in Cascais. The valuation aligns close to market expectations, indicating the potential for steady appreciation without the concern of being overpaying at this stage.
Tenant turnover risk High tenant turnover could be a concern due to a tenant stability score of 70, indicating potential difficulty in maintaining consistent occupancy and rental income.
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