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, 2-bathroom apartment of 107 m² on the 6th floor, energy rating D. Located on avenida Gonçalo Velho Cabral, 240, Cascais e Estoril parish, Cascais municipality, Lisbon district. The property features a spacious south/west-facing balcony (13m²) that offers total privacy and unobstructed views, perfect for outdoor gatherings and relaxation.
The valuation. The asking price of €599,000 sits €47,480 (7.3%) below the fair value of €646,480, indicating that this property is fairly valued. This positioning suggests a competitive opportunity in the current market. Buy-to-flip angle. The plan for resale involves leveraging the apartment's high-quality interior upgrades for a profitable flip, targeting a buyer pool drawn to modern finishes in a desirable location. A strategic renovation could further enhance appeal and value. Buy-to-let angle. With an estimated gross yield of 3.5% (~€1,747/month), this apartment presents a solid long-term rental opportunity amidst Cascais's mix of urban convenience and suburban tranquillity, catering to families and professionals alike.
Fair value modelled at €646,480 from 6 comparable sales in the area. Asking €599,000 sits €47,480 (7.3%) below — the upside to fair value.
Asking €599,000 versus the avenida Gonçalo Velho Cabral, 240 area baseline of €528,130 (€4,936/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €528,130, adjusted for condition and micro-location, gives a modelled fair value of €646,480 (€6,042/m²), a €47,480 (7.3%) gap versus the €599,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Gonçalo Velho Cabral, 240 | Subject | €599,000 | €5,598 | — | 85 | 72 |
| praceta João Infante, 3 | Active | €799,000 | €6,496 | 16.0% | 82 | 70 |
| autoestrada A5 | Active | €799,000 | €6,496 | 16.0% | 85 | 62 |
| rua António Sérgio, 83 | Active | €495,000 | €5,000 | 10.7% | 75 | 71 |
| avenida Fausto de Figueiredo | Active | €960,000 | €6,358 | 13.6% | 75 | 69 |
| Median comp | €799,000 | €6,427 | 14.8% | 79 | 70 |
Long-term rental The apartment in Cascais e Estoril presents a fair investment opportunity for long-term rentals, given its rental yield of 3.5%. Its proximity to Lisbon enhances tenant demand, although the property's valuation is aligned with its fair value. Buy-and-hold Acquiring this property as a buy-and-hold investment is reasonable, considering that it is fairly priced at €599,000 against a fair value of €646,480. The suburban appeal coupled with decent neighborhood amenities suggests stable value retention over time. Family rental The two-bedroom layout and spacious 107m² make it a suitable option for family rentals, particularly in a market that benefits from suburban tranquillity and urban connectivity. While the property is fairly valued, its condition rating of 80/100 indicates it may require some upkeep to maximize its rental potential.
Tenant turnover risk The tenant stability score of 65/100 indicates a potential risk of higher tenant turnover, which could 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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