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.
2-bedroom, 1-bathroom house of 104 m², built in 1959. Located Vau parish, Óbidos municipality, Leiria district. Unique feature: The property includes a private patio with dual street access, enhancing convenience and potential for outdoor living or additional parking opportunities. Notável característica: A propriedade inclui um pátio privado com acesso a duas ruas, aumentando a conveniência e o potencial para viver ao ar livre ou oportunidades de estacionamento adicionais.
The valuation. The asking price of €130,000 sits €83,702 (64.4%) above the fair value of €46,298, indicating that this property is overpriced. This discrepancy puts potential investors at a disadvantage in terms of immediate equity.
Fair value modelled at €38,299 from the area baseline, adjusted for condition and location. Asking €130,000 sits €91,701 (70.5%) above — overpriced versus fair value.
Asking €130,000 versus the Vau, Óbidos, Leiria area baseline of €94,848 (€912/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 40/100 (Condition 35 · Materials 40 · Room dimensions 45). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 53/100 (Housing Market 60 · Amenities 50 · Economic 50 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Vau, Óbidos, Leiria
Area baseline €94,848 + condition -€57,688 + location +€1,138 = modelled fair value of €38,299 (€368/m²), a €91,701 (70.5%) gap versus the €130,000 asking price.
Long-term rental Given the significant gap of 64.4% between the listing price of €130,000 and the fair value of €46,298, the property is not a viable candidate for a long-term rental investment. The gross yield of 14.1% is appealing, but the overall overpriced status undercuts potential profitability and tenant demand. Buy-and-hold Holding this property presents considerable risk due to its current valuation exceeding fair market value by a substantial margin. The combination of a modest condition score of 40/100 and a neighborhood quality of 53/100 suggests the potential for negative impacts on long-term appreciation. Value-add renovation While the property shows some potential for improvement with a condition score of 40/100, the notable overvaluation renders it a less desirable candidate for value-add renovation strategies. Investing in renovations may not yield sufficient returns to offset the current inflated purchase price and the inherent risks involved. Not ideal for: Luxury market, Student housing, Short-term vacation rental This property’s condition and high asking price make it unsuitable for the luxury market, while the local demographic and neighborhood quality hinder its viability for student housing or short-term vacation rentals. Given its current status, targeting these markets could lead to further financial strain rather than profitable returns.
Tenant turnover risk: With both Economic and Tenant Stability scores at 50/100, there is a significant risk of high tenant turnover, which could lead to increased vacancy rates and associated costs.
