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 €643,370 (€4,949/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. Full condition report →
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. Full location report →
rua Alegre, 3
Area baseline €643,370 + 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.
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.
