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, 4-bathroom house of 264 m², energy rating B. Located on rua Damão, 20, Carcavelos e Parede parish, Cascais municipality, Lisbon district. Noteworthy Features: This twin villa boasts a luxurious terrace on the second floor with panoramic views of the sea and the Sintra Mountains, ideal for sunset relaxation. Condition: The elegant succupara wooden flooring from Brazil enhances the property's sophistication and comfort.
The valuation. The asking price of €1,800,000 exceeds the fair value of €1,454,511 by €345,489 (19.2%), indicating the property is overpriced for the market. This premium can deter potential buyers despite its attractive features.
Fair value modelled at €1,454,511 from the area baseline, adjusted for condition and location. Asking €1,800,000 sits €345,489 (19.2%) above — overpriced versus fair value.
Asking €1,800,000 versus the rua Damão, 20 area baseline of €1,306,536 (€4,949/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 (Condition 85 · Materials 88 · Room dimensions 82). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 70 · Amenities 65 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Damão, 20
Area baseline €1,306,536 + condition +€33,000 + location +€114,975 = modelled fair value of €1,454,511 (€5,510/m²), a €345,489 (19.2%) gap versus the €1,800,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Damão, 20 | Subject | €1,800,000 | €6,818 | — | 85 | 72 |
| rua Fernanda Baptista | Active | €980,000 | €5,731 | 15.9% | 82 | 77 |
| largo Manuel Henriques Correia | Active | €1,200,000 | €6,667 | 2.2% | 82 | 76 |
| rua Professor Vitorino Nemésio S / N | Active | €900,000 | €3,020 | 55.7% | 79 | 74 |
| Cascais e Estoril · 65a6bb | Active | €1,700,000 | €6,250 | 8.3% | 79 | 74 |
| Median comp | €1,090,000 | €5,991 | 12.1% | 81 | 75 |
Long-term rental This property has a gross yield of only 2%, indicating that its rental income does not sufficiently justify the current listing price of €1,800,000, which is 19.2% above its fair value. The suburban location offers decent amenities and access to schools, but the overall economic conditions suggest limited potential for significant rental appreciation. Family rental As a family rental, the property is positioned in a suburb with adequate amenities and school access, yet its valuation at €1,800,000 is significantly overpriced compared to the fair value of €1,454,511. Families may be deterred by the lack of potential for rental yield improvement given the current 2% gross yield and the competitive housing market. Buy-and-hold The property's listing price is considerably above its fair value, making it a less attractive buy-and-hold investment with a yield of just 2%. While the location benefits from proximity to Lisbon, the 19.2% gap to fair value and market conditions suggest that holding this property may not yield advantageous returns in the foreseeable future.
Tenant turnover risk High tenant stability score at 70/100 suggests a moderate risk of turnover, which may lead to increased vacancy periods and associated costs.