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, 3-bathroom apartment of 224 m², energy rating C. Located on avenida Manuel Júlio Carvalho e Costa, Cascais e Estoril parish, Cascais municipality, Lisbon district. This apartment features a spacious balcony offering breathtaking front sea views, enhancing both the living space and outdoor experience in the prestigious Gandarinha area.
The valuation. The asking price of €1,590,000 is positioned €265,718 (14.3%) below the fair value of €1,855,718, positioning it as an attractive opportunity for potential buyers. Buy-to-flip angle. The property can be enhanced with minimal updates due to its high-quality materials, allowing for a swift resale strategy that capitalizes on market demand for upscale apartments in Cascais. Buy-to-let angle. With a projected gross yield of 3% through long-term rentals at approximately €3,975/month, this apartment provides a stable income stream for investors seeking property in a desirable location near Lisbon.
Fair value modelled at €1,855,718 from 6 comparable sales in the area. Asking €1,590,000 sits €265,718 (14.3%) below — the upside to fair value.
Asking €1,590,000 versus the avenida Manuel Júlio Carvalho e Costa area baseline of €1,567,853 (€6,999/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €1,567,853, adjusted for condition and micro-location, gives a modelled fair value of €1,855,718 (€8,284/m²), a €265,718 (14.3%) gap versus the €1,590,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Manuel Júlio Carvalho e Costa | Subject | €1,590,000 | €7,098 | — | 82 | 70 |
| Cascais e Estoril · 468210 | Active | €1,980,000 | €8,800 | 24.0% | 85 | 69 |
| Cascais e Estoril · 57fdfa | Active | €900,000 | €8,182 | 15.3% | 75 | 69 |
| Cascais e Estoril · 800418 | Active | €1,200,000 | €7,643 | 7.7% | 72 | 72 |
| rua da Torre, 100 | Active | €725,000 | €9,177 | 29.3% | 80 | 69 |
| Median comp | €1,050,000 | €8,491 | 19.6% | 78 | 69 |
Family rental This 2-bed apartment in Cascais, while priced at €1,590,000, presents a fair value of €1,855,718, indicating it is underpriced by 14.3%. The combination of its spacious area and good condition makes it an appealing choice for families seeking long-term rental options in a suburban setting near Lisbon. Buy-and-hold Investing in this property offers a strategic opportunity given its underpriced status, allowing an initial investment of €1,590,000 against a fair market value of €1,855,718. With a 3% gross yield and the potential for appreciation in a desirable location, this apartment is well-positioned for long-term capital growth. Long-term rental With a current listing of €1,590,000 and a fair value of €1,855,718, this property demonstrates a substantial gap indicating it is underpriced by 14.3%. Its high condition score of 84/100 and proximity to Lisbon enhance its attractiveness for long-term tenants seeking quality housing in a family-friendly environment.
Tenant turnover risk The tenant stability score of 70/100 suggests a moderate risk of tenant turnover, which could impact rental income and increase vacancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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