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.
6-bedroom, 5-bathroom house of 607 m², built in 1950, energy rating D. Located on avenida General Carmona, 243, Cascais e Estoril parish, Cascais municipality, Lisbon district. Noteworthy Features: This property has substantial dual-use potential, enabling conversion into two separate homes or retention as a single residence, both options maximising its prime Estoril location.
The valuation. The asking price of €3,300,000 is below the fair value of €3,589,785, representing a favorable position of €289,785 (8.1%). Verdict: fair. Buy-to-flip angle. The strategy would focus on enhancing the property's appeal through targeted renovations, enabling a profitable resale in a desirable market. Buy-to-let angle. With an estimated gross yield of 4.4%, the property would generate approximately €12,100 per month, making it an attractive option for a long-term family rental in the vicinity of Lisbon.
Fair value modelled at €3,589,785 from 5 comparable sales in the area. Asking €3,300,000 sits €289,785 (8.1%) below — the upside to fair value.
Asking €3,300,000 versus the avenida General Carmona, 243 area baseline of €3,018,590 (€4,973/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 is below the parish average, reducing 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 €3,018,590, adjusted for condition and micro-location, gives a modelled fair value of €3,589,785 (€5,914/m²), a €289,785 (8.1%) gap versus the €3,300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida General Carmona, 243 | Subject | €3,300,000 | €5,437 | — | 68 | 70 |
| avenida República | Active | €3,500,000 | €7,778 | 43.1% | 72 | 75 |
| Alcabideche · 4bc2e8 | Active | €2,300,000 | €5,111 | 6.0% | 80 | 71 |
| praça 5 de Outubro | Active | €2,200,000 | €5,914 | 8.8% | 75 | 71 |
| avenida dos Estrangeiros | Active | €2,750,000 | €7,746 | 42.5% | 75 | 71 |
| Median comp | €2,525,000 | €6,830 | 25.6% | 75 | 71 |
Long-term rental The fair value of the property is slightly higher than the listing price, indicating a fair investment without significant upside potential for immediate profit. Considering the gross yield of 4.4% and the decent condition rating of 76/100, this property can generate stable rental income for a long-term tenant base. Family rental With a fair value assessment showing an 8.1% gap from the listing price, this property is positioned reasonably within the family rental market segment. The ample space with 6 bedrooms suits larger families, especially in a location with good amenities and proximity to Lisbon's economic areas. Buy-and-hold The property reflects a fair pricing scenario, making it a reasonable option for a buy-and-hold strategy in the Cascais e Estoril region. While immediate price appreciation may not be anticipated, the stability and growth potential of the area can provide gradual equity buildup over the long term.
Economic Dependence Risk The property's economic stability score of 75 indicates a moderate level of resilience, but with a tenant stability score of only 65, there is a heightened risk of vacancy and rental income fluctuation due to potential economic downturns or tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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