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 82 m² on the 1st floor, energy rating C. Located on rua Monte do Carmo, Cascais e Estoril parish, Cascais municipality, Lisbon district. Features: This apartment's historic charm is accentuated by original wooden flooring and a spacious living area, creating a welcoming environment in the heart of Cascais.
The valuation. The asking price of €590,000 is substantially below the fair value of €716,374, indicating a difference of €126,374 (17.6%). This property is indeed underpriced, providing an attractive opportunity for potential investors.
Fair value modelled at €716,374 from 5 comparable sales in the area. Asking €590,000 sits €126,374 (17.6%) below — the upside to fair value.
Asking €590,000 versus the rua Monte do Carmo area baseline of €633,077 (€7,720/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 €633,077, adjusted for condition and micro-location, gives a modelled fair value of €716,374 (€8,736/m²), a €126,374 (17.6%) gap versus the €590,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Monte do Carmo | Subject | €590,000 | €7,195 | — | 75 | 59 |
| rua Conde Ferreira, 20 | Active | €1,400,000 | €12,500 | 73.7% | 78 | 66 |
| Cascais e Estoril · 3df5be | Active | €255,000 | €7,286 | 1.3% | 75 | 75 |
| rua Amarela | Active | €720,000 | €8,000 | 11.2% | 75 | 71 |
| Cascais e Estoril · 99f3ad | Active | €795,000 | €8,736 | 21.4% | 75 | 61 |
| Median comp | €757,500 | €8,368 | 16.3% | 75 | 69 |
Long-term rental The property in Cascais e Estoril demonstrates its appeal as a long-term rental investment, with a fair value that significantly exceeds its listing price by 17.6%. With a gross yield of 2.6%, it offers stable income potential while benefiting from the area's proximity to Lisbon amenities and employment opportunities. Buy-and-hold With a fair value of €716,374 compared to the listing price of €590,000, this property presents a compelling buy-and-hold opportunity, especially given its location in a region with suburban characteristics akin to Greater Lisbon. Holding this asset is expected to yield appreciation in value over time, supporting long-term wealth-building. Not ideal for luxury market The apartment does not cater to the luxury market, which is reflected in its lower neighborhood rating of 59/100. Investors seeking premium returns in this segment may be disappointed, as the property does not align with high-end buyer expectations. Not ideal for short-term vacation rental Due to the suburban context and moderate neighborhood rating, this property is not suitable for short-term vacation rentals which typically thrive in more tourist-centric areas. The reduced demand in this segment suggests potential challenges in achieving optimal occupancy rates. Not ideal for student housing The property’s location and neighborhood rating indicate it is not positioned to attract student tenants who typically favor more central urban environments. Investors focusing on student housing may find better opportunities in areas with higher education institutions and lively atmospheres.
Tenant turnover risk: With a tenant stability score of 55/100, there is a significant risk of high tenant turnover, which can lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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