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 72 m², built in 1969, energy rating E. Located on avenida do Ultramar, 233, Cascais e Estoril parish, Cascais municipality, Lisbon district. This apartment features an enclosed balcony uniquely adapted as a laundry area, enhancing functional living space while maintaining modern design aesthetics.
The valuation. The asking price of €349,900 sits €39,210 (11.2%) below the fair value of €389,110, indicating that it is underpriced in the current market context.
Fair value modelled at €389,110 from the area baseline, adjusted for condition and location. Asking €349,900 sits €39,210 (11.2%) below — the upside to fair value.
Asking €349,900 versus the avenida do Ultramar, 233 area baseline of €356,832 (€4,956/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 70 · Amenities 75 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
avenida do Ultramar, 233
Area baseline €356,832 + condition +€0 + location +€32,782 = modelled fair value of €389,110 (€5,404/m²), a €39,210 (11.2%) gap versus the €349,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida do Ultramar, 233 | Subject | €349,900 | €4,860 | — | 72 | 73 |
| praceta Medeiros, 8 | Active | €400,000 | €4,000 | 17.7% | 65 | 76 |
| Cascais e Estoril · f3604c | Active | €499,000 | €3,780 | 22.2% | 75 | 72 |
| Cascais e Estoril · 1e6308 | Active | €430,000 | €4,943 | 1.7% | — | 71 |
| praceta Medeiros, 8 | Active | €450,000 | €4,839 | 0.4% | 60 | 76 |
| Median comp | €440,000 | €4,420 | 9.1% | 65 | 74 |
Long-term rental The property is subvalued at €349,900 compared to a fair value of €389,110, making it an attractive option for long-term rental investment. With a gross yield of 4.8%, this apartment provides a solid return potential in a suburban area that offers reasonable services and commuting options. Family rental With its spacious 72m² layout and favorable gross yield of 4.8%, this apartment is well-suited for family rental. Its decent neighborhood rating of 73/100 and manageable condition score of 75/100 further enhance its appeal to families seeking rental housing in Cascais. Buy-and-hold Acquiring this property at the current price positions it as a strong buy-and-hold investment, given the 11.2% gap to fair value at €389,110. The low crime rate and suburban amenities make it a desirable option for long-term value appreciation in the Portuguese real estate market.
Economic Vulnerability The property may experience fluctuations in cash flow due to a relatively moderate economic stability score of 70, which suggests potential risks in economic conditions that could impact tenant retention and rental income.
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.
