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 106 m², built in 2006, energy rating C. Located on rua Progresso, São Domingos de Rana parish, Cascais municipality, Lisbon district. Noteworthy Feature: The property includes three balconies, enhancing outdoor connectivity and natural light, as well as a dedicated garage space equipped with an electric vehicle charging station.
The valuation. The asking price of €489,000 is €57,705 (11.8%) above the fair value of €431,295, indicating that the property is overpriced relative to the current market conditions.
Fair value modelled at €431,295 from the area baseline, adjusted for condition and location. Asking €489,000 sits €57,705 (11.8%) above — overpriced versus fair value.
Asking €489,000 versus the rua Progresso area baseline of €435,660 (€4,110/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 80 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 65 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Progresso
Area baseline €435,660 + condition +€6,459 + location +€31,469 = modelled fair value of €431,295 (€4,069/m²), a €57,705 (11.8%) gap versus the €489,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Progresso | Subject | €489,000 | €4,613 | — | 75 | 70 |
| rua Fernando Pó, 12 | Active | €374,900 | €4,309 | 6.6% | 75 | 75 |
| avenida Francisca Lindoso | Active | €357,000 | €4,760 | 3.2% | 78 | 73 |
| rua Gil Eanes, 136 | Active | €429,900 | €3,613 | 21.7% | 74 | 71 |
| urbanização Polima | Active | €499,000 | €3,780 | 18.1% | 74 | 68 |
| Median comp | €402,400 | €4,045 | 12.3% | 75 | 72 |
Long-term rental The property is currently overpriced at €489,000, with a fair value of €431,295, indicating an 11.8% gap. At a gross yield of only 2.8%, the investment doesn't align with robust returns typically expected in a strong rental market. Family rental With the property valued at 11.8% above fair market value, families seeking rental options may turn to more competitively priced alternatives in the São Domingos de Rana area. The location's suburban environment may appeal to families; however, the premium price detracts from potential interest. Buy-and-hold Investing in this property for a buy-and-hold strategy appears unattractive given its overpriced listing of €489,000 versus a fair value of €431,295. The combination of low yield at 2.8% and the market’s average condition further limits the long-term appreciation potential for this asset.
Economic and Tenant Stability Risk: With both economic and tenant stability scores at 70/100, there is a risk of moderate fluctuations in rental income and potential vacancy issues that may arise in times of economic downturn.
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