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 80 m², built in 2001, energy rating B. Located on rua Palmeiras, 247, Cascais e Estoril parish, Cascais municipality, Lisbon district. This apartment includes an expansive 94 sqm terrace and a 618 sqm private garden, ideal for outdoor entertaining and relaxation while surrounded by lush greenery.
The valuation. The asking price of €645,000 is significantly above the fair value of €436,010, representing an overpriced situation of €208,990 (32.4%). This price disparity suggests caution for prospective investors.
Fair value modelled at €436,010 from the area baseline, adjusted for condition and location. Asking €645,000 sits €208,990 (32.4%) above — overpriced versus fair value.
Asking €645,000 versus the rua Palmeiras, 247 area baseline of €382,160 (€4,777/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 80 · Materials 90 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 65 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Palmeiras, 247
Area baseline €382,160 + condition +€10,000 + location +€30,090 = modelled fair value of €436,010 (€5,450/m²), a €208,990 (32.4%) gap versus the €645,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Palmeiras, 247 | Subject | €645,000 | €8,063 | — | 80 | 69 |
| Cascais e Estoril · 956f49 | Active | €1,550,000 | €12,500 | 55.0% | 78 | 64 |
| rua do Sorraia | Active | €780,000 | €6,783 | 15.9% | 78 | 58 |
| Alcabideche · 93738a | Active | €1,300,000 | €8,025 | 0.5% | 90 | 68 |
| rua José Carvalho Araújo | Active | €1,295,000 | €8,691 | 7.8% | 80 | 75 |
| Median comp | €1,297,500 | €8,358 | 3.7% | 79 | 66 |
Long-term rental The current listing for the apartment in Cascais e Estoril is 32.4% higher than its fair value, making it an overpriced investment opportunity. With a gross yield of only 2.8%, the financial returns do not justify the elevated purchase price in this market. Family rental Given the property’s 85/100 condition and a decent neighborhood rating of 69/100, it may attract families looking for long-term stability. However, the significant gap between the listing price and fair value suggests that investors may face challenges in achieving favorable returns. Buy-and-hold Although the suburban location near Lisbon presents potential economic advantages, the substantial 32.4% overpricing casts doubt on the long-term viability of this investment. Investors might struggle to recoup excessive upfront costs, underscoring the need for more vigilant market analysis before committing. Not ideal for - The property is not suitable for student housing due to its pricing and location dynamics. - It also does not align with the luxury market or short-term vacation rental strategies because of its significant overvaluation and limited yield.
Tenant turnover risk High tenant turnover is a concern given the 65/100 tenant stability score, indicating potential difficulties in maintaining long-term occupancy and consistent rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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