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 house of 149 m², built in 1950. Located Alenquer (Santo Estévão e Triana) parish, Alenquer municipality, Lisbon district. Location: Set within a vibrant urban context, this property offers unique potential for developing two independent residential units while preserving the historical character of Alenquer. Investment Opportunity: Existing architectural plans for two one-bedroom units are available, streamlining the redevelopment process.
The valuation. The asking price of €349,000 is significantly above the fair value of €203,218, with a difference of €145,782, or 41.8%. This property is best described as overpriced. Buy-to-flip angle. A buy-to-flip strategy may not yield profits in the current market, as significant renovations are needed to bring this property up to desirable standards. The initial investment does not support a lucrative resale potential. Buy-to-let angle. With an estimated gross yield of 3.6% from monthly rental income of €1,047, this property can serve as a long-term rental solution. However, the condition and mixed neighbourhood rating may limit attractivity to potential tenants.
Fair value modelled at €203,218 from the area baseline, adjusted for condition and location. Asking €349,000 sits €145,782 (41.8%) above — overpriced versus fair value.
Asking €349,000 versus the Alenquer (Santo Estévão e Triana), Alenquer, Lisbon area baseline of €319,754 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 20/100 (Condition 15 · Materials 20 · Room dimensions 25). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 59/100 (Housing Market 50 · Amenities 50 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Alenquer (Santo Estévão e Triana), Alenquer, Lisbon
Area baseline €319,754 + condition -€128,047 + location +€11,511 = modelled fair value of €203,218 (€1,364/m²), a €145,782 (41.8%) gap versus the €349,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alenquer (Santo Estévão e Triana) · 38a062 | Subject | €349,000 | €2,342 | — | 15 | 59 |
| Alenquer (Santo Estévão e Triana) · 4a7ebb | Active | €434,900 | €2,121 | 9.4% | 68 | 53 |
| rua das Fontaínhas | Active | €490,000 | €1,576 | 32.7% | 70 | 56 |
| Alenquer (Santo Estévão e Triana) · 26204f | Active | €350,000 | €2,000 | 14.6% | 70 | 58 |
| Alenquer (Santo Estévão e Triana) · 4bc1cc | Active | €165,000 | €2,750 | 17.4% | 74 | 41 |
| Median comp | €392,450 | €2,061 | 12.0% | 70 | 55 |
Long-term rental This property presents a 41.8% gap against its fair value of €203,218, indicating that it is overpriced at €349,000. With a gross yield of 3.6% and a condition rating of only 20/100, the long-term rental market may struggle to generate adequate returns. Family rental Given the suburban characteristics and low crime rate of Alenquer, this property could likely attract families seeking stability. However, its significant overvaluation and poor condition—coupled with a yield of 3.6%—suggest it may not be a viable family rental option.
Economic Vulnerability The property faces a risk of decreased demand due to its low economic stability score of 55/100, which could impact rental income and property value. Tenant Instability With a tenant stability score of 60/100, there is potential for turnover and associated costs, compromising consistent cash flow.
