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 apartment of 82 m² on the 4th floor, built in 2002, energy rating E. Located Carregado e Cadafais parish, Alenquer municipality, Lisbon district. This property benefits from abundant natural light thanks to its top-floor position, enhancing its modern design aesthetic and creating a cheerful living environment.
The valuation. The asking price of €260,000 is significantly above the fair value of €188,334, representing an overpricing of €71,666 (27.6%). This disparity suggests potential difficulties in achieving a profitable investment.
Fair value modelled at €188,334 from the area baseline, adjusted for condition and location. Asking €260,000 sits €71,666 (27.6%) above — overpriced versus fair value.
Asking €260,000 versus the Carregado e Cadafais, Alenquer, Lisbon area baseline of €175,972 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 (Condition 80 · Materials 85 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 53/100 (Housing Market 50 · Amenities 50 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Carregado e Cadafais, Alenquer, Lisbon
Area baseline €175,972 + condition +€10,250 + location +€2,112 = modelled fair value of €188,334 (€2,297/m²), a €71,666 (27.6%) gap versus the €260,000 asking price.
Long-term rental This property, priced at €260,000, exceeds its fair value of €188,334 by 27.6%, indicating a significant overvaluation that impacts potential rental returns. With a gross yield of only 3.6%, this investment may fail to deliver satisfactory cash flow and long-term profitability in the current market conditions. Buy-and-hold The long-term prospects for this investment are hindered by its current price point, which is 27.6% above fair value at €260,000. Despite the decent condition rating of 84/100, the limited growth potential in the rural area and a lack of urban influence suggest this property is unlikely to appreciate meaningfully over time. Value-add renovation Although renovation efforts might enhance property value, acquiring this apartment at €260,000 reflects a 27.6% overvaluation compared to its fair value of €188,334. The limited neighborhood amenities and low tenant quality ratings indicate that any added value from renovations may not offset the high initial purchase price, making this strategy potentially less viable. Not ideal for The apartment is not suitable for the luxury market due to its rural setting and limited urban appeal, reflected in a neighborhood score of only 53/100. Additionally, it does not meet the criteria for student housing or short-term vacation rentals, given the economic limitations of the surrounding area.
Economic Vulnerability The economic stability score of 50/100 indicates a high risk of fluctuations in market conditions that could negatively affect property values and rental income.
