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 country_house of 76 m², built in 1951. Located on rua dos Barbadinhos, 4, Meca parish, Alenquer municipality, Lisbon district. This property includes an additional rustic land plot of approximately 1,400m² nearby, perfect for agricultural projects or personal gardens, enhancing its potential for investment.
The valuation. The asking price of €269,900 is significantly over fair value, with a difference of €132,356, reflecting a 49.0% premium. This property is not priced competitively within the market. Buy-to-flip angle. The buy-to-flip strategy would not be advantageous here, as the high asking price of €269,900 limits potential profit after renovations and sale. A more attractive entry point is needed for success. Buy-to-let angle. With a gross yield of 3.3%, the rental income strategy could generate approximately €742 per month. However, the rental yield is modest and may not attract investors seeking higher returns.
Fair value modelled at €137,544 from the area baseline, adjusted for condition and location. Asking €269,900 sits €132,356 (49.0%) above — overpriced versus fair value.
Asking €269,900 versus the rua dos Barbadinhos, 4 area baseline of €150,556 (€1,981/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 (Condition 62 · Materials 60 · Room dimensions 63). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 56/100 (Housing Market 50 · Amenities 60 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua dos Barbadinhos, 4
Area baseline €150,556 + condition -€16,625 + location +€3,613 = modelled fair value of €137,544 (€1,810/m²), a €132,356 (49.0%) gap versus the €269,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Barbadinhos, 4 | Subject | €269,900 | €3,551 | — | 62 | 56 |
| Meca · 65a602 | Active | €359,000 | €2,805 | 21.0% | 68 | 64 |
| Meca · 99f4a1 | Active | €369,000 | €2,883 | 18.8% | 72 | 59 |
| calçadinha do Canelas, 1 | Active | €319,000 | €3,190 | 10.2% | 80 | 58 |
| rua Doutor Luíz Villar, 94 | Active | €368,000 | €2,573 | 27.5% | 85 | 61 |
| Median comp | €363,500 | €2,844 | 19.9% | 76 | 60 |
Long-term rental The property is overpriced at €269,900, significantly above its fair value of €137,544, leading to a substantial gap of 49.0%. With a gross yield of only 3.3%, the potential return does not justify the investment in the current market conditions. Buy-and-hold Investing in this property for long-term appreciation is not advisable, as it is overpriced at €269,900 compared to the fair value of €137,544. The current market dynamics, including a 61/100 condition rating and a 56/100 neighbourhood score, suggest limited upside potential. Family rental The current asking price of €269,900 for this family rental property exceeds its fair value of €137,544, thus classifying it as overpriced. Given the low gross yield of 3.3% and average condition and neighbourhood ratings, the investment lacks the necessary fundamentals for a reliable family rental. Not ideal for: Luxury market, Student housing, Short-term vacation rental.
Economic Vulnerability The property faces a significant risk due to its low economic stability score of 50/100, indicating potential for declining property values and rental demand.
