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, 2-bathroom apartment of 83 m², energy rating B. Located on rua Doutor Armando Bacelar, 54N, Cascais e Estoril parish, Cascais municipality, Lisbon district. Property Features: This apartment boasts a spacious balcony with unobstructed views, perfect for outdoor dining and relaxation in the heart of Cascais. Condition Notes: The interior shows minor signs of wear, with potential for personalization.
The valuation. The asking price of €695,000 is beneath the fair value of €736,695 by €41,695 (5.7%), making it a reasonable opportunity for potential buyers. The property is priced competitively within the market. Buy-to-flip angle. A buy-to-flip strategy could be employed rapidly, given the property's upscale condition and location, with potential for resale at a higher value. After minor renovations, it could attract buyers looking for high-quality finishes and proximity to Lisbon. Buy-to-let angle. The estimated rental income of €1,853 per month yields around 3.2%, making it viable for long-term, family-oriented tenants due to the quality of materials and nearby educational facilities. The location enhances its attractiveness in the rental market.
Fair value modelled at €736,695 from 6 comparable sales in the area. Asking €695,000 sits €41,695 (5.7%) below — the upside to fair value.
Asking €695,000 versus the rua Doutor Armando Bacelar, 54N area baseline of €650,039 (€7,832/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €650,039, adjusted for condition and micro-location, gives a modelled fair value of €736,695 (€8,876/m²), a €41,695 (5.7%) gap versus the €695,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Armando Bacelar, 54N | Subject | €695,000 | €8,373 | — | 75 | 80 |
| Cascais e Estoril · 65a6a8 | Active | €1,350,000 | €11,739 | 40.2% | 75 | 70 |
| rua Bem Lembrados | Active | €1,350,000 | €9,060 | 8.2% | 80 | 73 |
| rua José Carvalho Araújo | Active | €1,295,000 | €8,691 | 3.8% | 75 | 73 |
| rua José Carvalho Araújo | Active | €1,295,000 | €8,691 | 3.8% | 80 | 75 |
| Median comp | €1,322,500 | €8,876 | 6.0% | 78 | 73 |
Long-term rental The current asking price of €695,000 represents a fair value in the context of a strong housing market, yielding a gross return of 3.2%. Given the property's condition rating of 77/100 and quality neighborhood score of 80/100, it is suitable for stable long-term rental opportunities. Family rental At €695,000, this 3-bedroom apartment is appropriately priced for family rentals, presenting a 3.2% gross yield in a desirable area near Lisbon. The property's decent condition and neighborhood characteristics make it ideal for families looking for quality living space in a secure environment. Buy-and-hold Acquiring this apartment at the current listing price aligns with a buy-and-hold investment strategy, where a fair valuation of €736,695 suggests reasonable future appreciation. The combination of a solid yield of 3.2% and a good neighborhood indicates potential for long-term capital growth while maintaining tenant stability.
Tenant turnover risk High tenant turnover could significantly impact rental income, especially given that both economic and tenant stability scores are solid at 80/100, indicating potential fluctuations in demand.
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