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.
1-bedroom, 1-bathroom house of 60 m², built in 1960, energy rating D. Located Meca parish, Alenquer municipality, Lisbon district. Noteworthy Features: This property boasts an attic converted into an additional bedroom and laundry room, maximizing space and offering versatility for various living arrangements.
The valuation. The asking price of €225,000 is significantly above the fair value of €127,398, leading to an overpricing of €97,602 (43.4%). This property is not a deal at this price point. Buy-to-flip angle. The buy-to-flip strategy would involve renovating this 1-bed house to align with current market trends before reselling it. However, the initial investment exceeds appropriate resale values, hindering profitability. Buy-to-let angle. With a gross yield of 0%, the rental income strategy is unfeasible without significant demand. This property is positioned for family or long-term rental, but current pricing undermines rental return potential.
Fair value modelled at €127,398 from the area baseline, adjusted for condition and location. Asking €225,000 sits €97,602 (43.4%) above — overpriced versus fair value.
Asking €225,000 versus the Meca, Alenquer, Lisbon area baseline of €118,860 (€1,981/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 73 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 65/100 (Housing Market 70 · Amenities 60 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Meca, Alenquer, Lisbon
Area baseline €118,860 + condition +€1,406 + location +€7,132 = modelled fair value of €127,398 (€2,123/m²), a €97,602 (43.4%) gap versus the €225,000 asking price.
Long-term rental This property is overpriced with a significant gap of 43.4% compared to its fair value, leading to a gross yield of 0%. The neighbourhood's average rating of 65/100 indicates limited tenant quality and demand for long-term rentals in this suburban area near Lisbon. Family rental With a fair value of €127,398, this house is priced well above market expectations, making it an unattractive option for family rentals. The average condition score of 77/100 does not compensate for the lack of yield and inflated price in the current residential market. Buy-and-hold Given the property’s fair value and 0% gross yield, holding this investment is likely to result in financial strain rather than growth due to its overpriced status. Potential appreciation seems limited in a neighbourhood with a tenant quality rating of only 65/100, affecting long-term viability. Not ideal for Short-term vacation rental, Luxury market, Student housing.
Economic and Tenant Stability Risk: With both the economic and tenant stability scores at 65/100, there is a significant risk of fluctuating income levels and potential tenant turnover, which may impact overall cash flow and profitability.
