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 apartment of 130 m², built in 2007, energy rating C. Located on rua do Astrolábio In Bicesse, Alcabideche parish, Cascais municipality, Lisbon district. Noteworthy Features: This apartment offers a unique rooftop terrace with panoramic views of the coastline, providing an exceptional space for outdoor entertaining and relaxation.
The valuation. The asking price of €595,000 exceeds the fair value of €524,071 by €70,929 (11.9%). This property is overpriced and may not attract discerning buyers looking for value.
Fair value modelled at €524,071 from the area baseline, adjusted for condition and location. Asking €595,000 sits €70,929 (11.9%) above — overpriced versus fair value.
Asking €595,000 versus the rua do Astrolábio In Bicesse area baseline of €555,620 (€4,274/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 80 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua do Astrolábio In Bicesse
Area baseline €555,620 + condition +€3,047 + location +€38,594 = modelled fair value of €524,071 (€4,031/m²), a €70,929 (11.9%) gap versus the €595,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Astrolábio In Bicesse | Subject | €595,000 | €4,577 | — | 74 | 70 |
| Carcavelos e Parede · 4bc6c9 | Active | €835,000 | €5,964 | 30.3% | 74 | 75 |
| rua São Tomé e Príncipe | Active | €1,250,000 | €7,440 | 62.6% | 75 | 71 |
| rua dos Plátanos, 191 | Active | €720,000 | €5,255 | 14.8% | 80 | 67 |
| praceta das Avencas, 189 | Active | €1,350,000 | €6,109 | 33.5% | 81 | 77 |
| Median comp | €1,042,500 | €6,037 | 31.9% | 78 | 73 |
Long-term rental This 3-bed apartment in Alcabideche is currently listing at €595,000, which is 11.9% above its fair value of €524,071. With a gross yield of only 3.1%, the property is not positioned to deliver attractive long-term rental returns. Buy-and-hold Investing in this property as a buy-and-hold strategy may not be favorable, given its listing price exceeding fair value by 11.9%. The combination of low gross yield and moderate property condition significantly undermines the potential for long-term appreciation. Family rental While the apartment is suitable for families, its current price of €595,000 is above the fair value, making it a less compelling option. The 3.1% yield coupled with a less-than-optimal neighborhood score diminishes the attractiveness for family rental prospects.
Tenant turnover risk With a tenant stability score of 65/100, there is a heightened risk of increased tenant turnover, which could lead to additional costs and reduced income streams for the property.
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