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.
3-bedroom, 2-bathroom house of 300 m², built in 1982, energy rating B. Located on rua do Areeiro, Parceiros e Azoia parish, Leiria municipality, Leiria district. Noteworthy Features: This property includes a 150 m² garage floor, currently accommodating a T2 apartment, offering significant potential for customization and additional living or recreational space.
The valuation. The asking price of €320,000 is significantly below the fair value of €458,344, indicating that the property is underpriced by €138,344 (43.2%). This presents an attractive opportunity for potential investors seeking value. Buy-to-flip angle. The strategy for resale involves modernizing and enhancing the property's existing high-quality features to appeal to buyers, allowing for a profitable flip after purchase. This approach targets a swift turnaround in the mixed Neighbourhood. Buy-to-let angle. The estimated rental income of €1,493 per month provides a solid gross yield of 5.6%, making the property a compelling buy-and-hold option for long-term rental income in this small inland town.
Fair value modelled at €458,344 from the area baseline, adjusted for condition and location. Asking €320,000 sits €138,344 (43.2%) below — the upside to fair value.
Asking €320,000 versus the rua do Areeiro area baseline of €456,000 (€1,520/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 80 · Room dimensions 74). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 50/100 (Housing Market 50 · Amenities 50 · Economic 45 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
rua do Areeiro
Area baseline €456,000 + condition +€2,344 + location +€0 = modelled fair value of €458,344 (€1,528/m²), a €138,344 (43.2%) gap versus the €320,000 asking price.
Long-term rental This property presents a strong opportunity for long-term rental given its 5.6% gross yield, which aligns well with the local demand for stable housing. The fair value of €458,344 indicates substantial upside potential in an otherwise limited market. Buy-and-hold Investing in this property for a buy-and-hold strategy leverages its current subvalorizada status, making it a compelling choice for future appreciation. With a fair value indicating a significant markup, this asset is well-positioned for long-term gains as the area develops. Not ideal for luxury market The property may not attract the luxury market due to its modest neighborhood ranking of 50/100, which lacks the amenities and lifestyle preferences typical of high-end buyers. This suggests that its appeal lies instead with practical renters and investors seeking stable, income-generating properties. Not ideal for short-term vacation rental Given the limitations of the local area, including minimal large-city amenities, this property is unlikely to perform well as a short-term vacation rental. The neighborhood's 50/100 rating implies a lack of attractions that typically draw short-term visitors, making it a less favorable investment in that sector.
Economic Vulnerability With an economic stability score of 45/100, there is a significant risk that local economic downturns could negatively impact property value and tenant retention.
