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, 2-bathroom apartment of 130 m², built in 1978. Located on rua Alegre, 3, Cascais e Estoril parish, Cascais municipality, Lisbon district. Noteworthy Features: The property features an expansive 50m2 terrace with unobstructed sea views, enhancing the indoor/outdoor living experience unique to Monte Estoril. Location Advantage: Situated directly on the prestigious Rua Alegre, this apartment benefits from excellent solar exposure and proximity to local amenities and beaches.
The valuation. The asking price of €600,000 is notably below the fair value of €734,320, creating an opportunity as it is underpriced by €134,320 (22.4%). This presents an attractive investment proposition in the competitive Cascais market.
Fair value modelled at €734,320 from the area baseline, adjusted for condition and location. Asking €600,000 sits €134,320 (22.4%) below — the upside to fair value.
Asking €600,000 versus the rua Alegre, 3 area baseline of €644,280 (€4,956/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 83 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 81/100 (Housing Market 85 · Amenities 80 · Economic 80 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
rua Alegre, 3
Area baseline €644,280 + condition +€11,172 + location +€79,778 = modelled fair value of €734,320 (€5,649/m²), a €134,320 (22.4%) gap versus the €600,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Alegre, 3 | Subject | €600,000 | €4,615 | — | 78 | 81 |
| rua Carangueja, 195 | Active | €515,000 | €3,503 | 24.1% | 72 | 73 |
| Cascais e Estoril · b4532b | Active | €310,000 | €3,263 | 29.3% | — | 67 |
| avenida Marginal | Active | €485,000 | €4,899 | 6.1% | 70 | 64 |
| Cascais e Estoril · 0237a3 | Active | €350,000 | €3,241 | 29.8% | 85 | 68 |
| Median comp | €417,500 | €3,383 | 26.7% | 72 | 68 |
Long-term rental This property offers a competitive gross yield of 4.8%, indicating strong potential for consistent rental income in a suburban area with favorable access to the Lisbon metro. With a fair value of €734,320, the current listing price of €600,000 presents a notable opportunity for long-term investors looking for returns above the market average. Buy-and-hold Acquiring this 2-bed apartment as a buy-and-hold investment leverages its subvalorizada status, providing potential appreciation as the surrounding area's amenities and accessibility to Lisbon continue to grow. With a strong condition rating of 81/100, the property is likely to attract quality tenants and ensure a stable investment over time. Family rental This apartment's spacious layout and suburban residential appeal make it well-suited for family rentals, fulfilling the demand for comfortable housing options near Lisbon. The combination of a solid condition rating and a favorable neighbourhood score enhances the property's attractiveness to families seeking long-term housing solutions.
Tenant turnover risk High tenant turnover could lead to increased vacancy rates and associated costs, particularly with both economic stability and tenant stability scores at 80/100, indicating moderate risk levels in this area.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
