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, 1-bathroom apartment of 91 m², built in 2007, energy rating C. Located on rua Carlos Justino Luís Cordeiro, 3, Alenquer (Santo Estévão e Triana) parish, Alenquer municipality, Lisbon district. Noteworthy Features: This upper ground floor apartment boasts electric shutters and PVC frames with an oscillating system, enhancing thermal and acoustic insulation for a peaceful living environment.
The valuation. The asking price of €255,000 is significantly higher than the fair value of €192,288, by €62,712 (24.6%). This property is overpriced for the current market conditions, requiring careful consideration by investors.
Fair value modelled at €192,288 from the area baseline, adjusted for condition and location. Asking €255,000 sits €62,712 (24.6%) above — overpriced versus fair value.
Asking €255,000 versus the rua Carlos Justino Luís Cordeiro, 3 area baseline of €195,286 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 68 · Materials 65 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 64/100 (Housing Market 60 · Amenities 65 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Carlos Justino Luís Cordeiro, 3
Area baseline €195,286 + condition -€13,934 + location +€10,936 = modelled fair value of €192,288 (€2,113/m²), a €62,712 (24.6%) gap versus the €255,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Carlos Justino Luís Cordeiro, 3 | Subject | €255,000 | €2,802 | — | 68 | 64 |
| praceta Pedro Álvares Cabral | Active | €285,000 | €2,908 | 3.8% | 68 | 47 |
| Carregado e Cadafais · 937643 | Active | €265,000 | €2,819 | 0.6% | 70 | 48 |
| urbanização Quinta do Barnabé, 3 1 | Active | €265,000 | €2,880 | 2.8% | 73 | 67 |
| rua António Augusto Nascimento Lucas | Active | €330,000 | €2,797 | 0.2% | 70 | 51 |
| Median comp | €275,000 | €2,850 | 1.7% | 70 | 50 |
Long-term rental The property in Alenquer is currently overpriced by 24.6%, indicating that it does not represent a sound investment for long-term rental income. The gross yield of 3.8% is below market expectations for this type of property, suggesting limited profitability in the long run. Buy-and-hold With the property valued at €255,000 but assessed fair value only at €192,288, this buy-and-hold strategy is not advisable as it fails to offer a solid return potential. The suburban character and moderate neighborhood rating further diminish the long-term value appreciation prospects. Family rental While family rentals can offer stability, the excessive price of this apartment hampers its competitiveness in attracting tenants, given its 65/100 condition score. Moreover, the overvaluation implies that expected family rental yields may not justify the investment, especially in a semi-rural setting with moderate appeal.
Economic vulnerability The economic stability score of 55 indicates potential vulnerability to market fluctuations, posing a risk of decreased property value or rental income.
