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. This property features a spacious independent annex and well-maintained 3000 m² of land, providing significant outdoor potential for gardening or recreational use.
The valuation. The asking price of €215,000 is significantly below the fair value of €320,147, representing a discount of €105,147, or 48.9%. This property is clearly underpriced.
Fair value modelled at €320,147 from the area baseline, adjusted for condition and location. Asking €215,000 sits €105,147 (48.9%) 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 48/100 (Condition 42 · Materials 55 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 51/100 (Housing Market 40 · Amenities 50 · 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 -€125,469 + location +€1,775 = modelled fair value of €320,147 (€1,096/m²), a €105,147 (48.9%) gap versus the €215,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Monte Real e Carvide · 6c08ba | Subject | €215,000 | €736 | — | 42 | 51 |
| Monte Real e Carvide · 4280a7 | Active | €215,000 | €736 | 0% | 40 | 57 |
| Marinha Grande · 897e7a | Active | €150,000 | €1,136 | 54.3% | 40 | 47 |
| Marrazes e Barosa · fad835 | Active | €400,000 | €1,053 | 43.0% | 60 | 55 |
| rua da Baquelite | Active | €400,000 | €667 | 9.5% | 45 | 44 |
| Median comp | €307,500 | €895 | 21.5% | 43 | 51 |
Long-term rental This property offers a strong gross yield of 9%, making it a compelling option for those seeking stable monthly income in a relatively rural market. With a current valuation gap of 48.9% compared to fair value, investors may find this house a beneficial addition to their portfolio. Buy-and-hold The listing price of €215,000 significantly undercuts the fair value of €320,147, presenting an attractive opportunity for long-term appreciation. Although the local economy and amenities are limited, the substantial gap suggests potential for increased value over time with gradual community development. Short-term vacation rental This property is not suited for short-term vacation rentals due to its location in a rural area with limited amenities and demand. Investors should steer clear of this strategy as it does not align with the property's characteristics or market conditions.
Economic and Tenant Instability The economic stability score of 55 and tenant stability score of 60 indicate a heightened risk of fluctuating rental income and potential difficulties in maintaining occupancy rates, suggesting potential instability in cash flow.