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 €356,328 (€4,949/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. Full condition report →
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. Full location report →
avenida do Ultramar, 233
Area baseline €356,328 + 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.
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.
