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, 3-bathroom house of 116 m², built in 1973, energy rating D. Located on rua Manuel Ambrósio dos Santos, 397, Alcabideche parish, Cascais municipality, Lisbon district. Noteworthy Features: The property includes a versatile layout allowing for multi-floor living and independent rentals, as well as a garage and a unique potential for creating additional bedrooms.
The valuation. The asking price of €699,000 sits significantly above the fair value of €455,670, indicating an overpriced property by €243,330 (34.8%). This discrepancy suggests limited potential for immediate equity gains. Buy-to-flip angle. Given the property's strong finishes and location, a buy-to-flip strategy could focus on minor updates to the dated furnishings, targeting a resale price markedly above the current listing, while market conditions may dictate timing. Buy-to-let angle. With an estimated rental gross yield of 3.4% and a monthly income of around €1,980, the buy-to-let approach offers a stable return, appealing to families in the Greater Lisbon area seeking quality accommodations.
Fair value modelled at €455,670 from the area baseline, adjusted for condition and location. Asking €699,000 sits €243,330 (34.8%) above — overpriced versus fair value.
Asking €699,000 versus the rua Manuel Ambrósio dos Santos, 397 area baseline of €430,476 (€3,711/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 65 · Materials 70 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 75 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Manuel Ambrósio dos Santos, 397
Area baseline €430,476 + condition -€16,131 + location +€41,326 = modelled fair value of €455,670 (€3,928/m²), a €243,330 (34.8%) gap versus the €699,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel Ambrósio dos Santos, 397 | Subject | €699,000 | €6,026 | — | 65 | 74 |
| Cascais e Estoril · 1e632e | Active | €1,350,000 | €8,036 | 33.4% | — | 68 |
| rua Manuel Ambrósio dos Santos, 397 | Active | €699,000 | €6,026 | 0% | 62 | 78 |
| rua do Jasmim | Active | €599,000 | €4,950 | 17.8% | 70 | 73 |
| Cascais e Estoril · 25f890 | Active | €1,480,000 | €5,157 | 14.4% | 65 | 72 |
| Median comp | €1,024,500 | €5,592 | 7.2% | 65 | 73 |
Long-term rental The property in Alcabideche, priced at €699,000, exceeds its fair value by 34.8%, indicating it may not generate sufficient returns for a long-term rental strategy. With a gross yield of only 3.4% and a condition rating of 66/100, the investment risks falling short of performance expectations. Buy-and-hold Investing in this house as a buy-and-hold strategy would be unwise given its pricing above fair value, as it currently stands at €699,000 versus a fair valuation of €455,670. The anticipated return on investment may diminish due to the inflated acquisition cost and modest gross yield of 3.4%. Family rental As a family rental, the property may appeal to potential tenants given its decent neighborhood rating of 74/100; however, the high asking price reflects an overvaluation at €699,000 compared to its fair value of €455,670. The 3.4% gross yield does not sufficiently justify the premium price, potentially leading to lower profitability in the long run.
Potential Default Risk Tenants may default on payments if economic conditions weaken, given the scores of 80/100 for economic stability and 75/100 for tenant stability.
