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.
4-bedroom, 2-bathroom apartment of 117 m², energy rating C. Located on rua das Caravelas, Cascais e Estoril parish, Cascais municipality, Lisbon district. Property Features: This apartment features traditional terracotta tile flooring in social areas and a practical layout that separates living spaces, enhancing comfort and functionality for family life. Location Advantages: Conveniently located about 1 km from the sea, with nearby amenities like shops, restaurants, and schools. Condition Notes: While the decor is dated, bathrooms have been modernized with updated grey tiling and fixtures, and double-glazed windows ensure improved thermal and acoustic comfort.
The valuation. The asking price of €390,000 is significantly above the fair value of €323,578, resulting in an overpriced status of €66,422 (20.5%). This indicates potential challenges for investors seeking to achieve profitable resale or rental returns.
Fair value modelled at €323,578 from 6 comparable sales in the area. Asking €390,000 sits €66,422 (20.5%) above — overpriced versus fair value.
Asking €390,000 versus the rua das Caravelas area baseline of €265,259 (€2,267/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €265,259, adjusted for condition and micro-location, gives a modelled fair value of €323,578 (€2,766/m²), a €66,422 (20.5%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Caravelas | Subject | €390,000 | €3,333 | — | 60 | 73 |
| Cascais e Estoril · b45337 | Active | €235,000 | €2,448 | 26.6% | — | 67 |
| Cascais e Estoril · b45322 | Active | €440,000 | €3,034 | 9.0% | 75 | 68 |
| rua de Santarém | Active | €460,000 | €3,622 | 8.7% | 60 | 71 |
| Cascais e Estoril · b45342 | Active | €425,000 | €2,656 | 20.3% | — | 74 |
| Median comp | €432,500 | €2,845 | 14.7% | 68 | 70 |
Long-term rental\nAt a listing price of €390,000, this 4-bed apartment presents a gap of 20.5% above its fair value, indicating it is overpriced despite a modest gross yield of 5.9%. Additionally, with a neighbourhood score of 73/100, the property may attract steady long-term tenants, but the premium price diminishes potential for strong rental returns.\n\nFamily rental\nGiven the fair value of €323,578 versus the listing price of €390,000, this apartment is overpriced, which could deter family renters seeking value for their housing budget. However, the 5.9% gross yield suggests that with the right marketing, it could still appeal to families looking for a comfortable suburban lifestyle.\n\nBuy-and-hold\nWith a fair value significantly lower at €323,578 and a current listing price that reflects a 20.5% premium, this property is overpriced, limiting its potential for appreciation that typically benefits a buy-and-hold strategy. While it offers a satisfactory gross yield of 5.9%, long-term investors may find the demand from rising property values insufficient to justify the current price point.
Tenant turnover risk The tenant stability score of 65/100 suggests that there may be a higher risk of turnover, potentially affecting rental income stability and property cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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