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 292 m², energy rating C. Located Monte Real e Carvide parish, Leiria municipality, Leiria district. Noteworthy Features: The property includes an independent annex and a well, providing potential for additional living space or gardening opportunities on the extensive 3000 m² land.
The valuation. The asking price of €215,000 sits markedly below the fair value of €321,218, indicating a difference of €106,218, or 49.4%. This suggests the property is currently underpriced. Buy-to-flip angle. A buy-to-flip strategy could capitalize on the resale potential after value-add renovations, aligning with the average quality condition and enhancing aesthetics. The goal would be to achieve a competitive price point in the local market. Buy-to-let angle. This property offers a strong buy-to-let strategy, with an estimated gross yield of 9%, translating to approximately €1,612 per month in rental income. Its location in a mixed neighborhood provides potential for stable long-term family rentals.
Fair value modelled at €321,218 from the area baseline, adjusted for condition and location. Asking €215,000 sits €106,218 (49.4%) below — the upside to fair value.
Asking €215,000 versus the Monte Real e Carvide, Leiria, Leiria area baseline of €443,840 (€1,520/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 45/100 (Condition 40 · Materials 50 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 57/100 (Housing Market 50 · Amenities 60 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Monte Real e Carvide, Leiria, Leiria
Area baseline €443,840 + condition -€135,050 + location +€12,428 = modelled fair value of €321,218 (€1,100/m²), a €106,218 (49.4%) gap versus the €215,000 asking price.
Long-term rental The property offers a gross yield of 9%, making it an attractive option for long-term rental in a low-crime, typical small town setting in central Portugal. With a fair value significantly higher than the listing price, it presents an opportunity to attract stable tenants looking for affordable housing. Value-add renovation Although the property's condition is rated 45/100, the significant gap to fair value illustrates the potential for value-add renovations to enhance its appeal and rental income. Investing in upgrades can transform this house into a more desirable option in the area, capturing market demand effectively. Family rental The property is situated in a neighbourhood with a score of 57/100, which indicates a decent quality environment suitable for families. Given that the property is underpriced relative to its fair value, it can serve as an appealing family rental that combines affordability with the benefits of a communal living space in a safe location.
Economic vulnerability The economic stability score of 55/100 indicates a moderate risk of economic downturn affecting property values or rental income. Tenant turnover risk With a tenant stability score of 60/100, there is a significant chance of tenant turnover, which can lead to increased vacancy rates and potential loss of rental income.
