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, 2-bathroom country_house of 76 m², built in 1937, energy rating D. Located Aldeia Galega da Merceana e Aldeia Gavinha parish, Alenquer municipality, Lisbon district. Noteworthy Features: The property includes a versatile independent annex of 20 m², ideal for conversion into guest accommodation or a creative studio space, enhancing its value as a rental investment. Location: Situated in Aldeia Gavinha, just 45 km from Lisbon, offering a blend of rural tranquility and accessibility to urban amenities.
The valuation. The asking price of €370,000 stands €193,732 above the fair value of €176,268, indicating that the property is overpriced by 52.4%. This discrepancy suggests potential difficulties in achieving desirable returns.
Fair value modelled at €176,268 from the area baseline, adjusted for condition and location. Asking €370,000 sits €193,732 (52.4%) above — overpriced versus fair value.
Asking €370,000 versus the Aldeia Galega da Merceana e Aldeia Gavinha, Alenquer, Lisbon area baseline of €163,096 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 75 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 62/100 (Housing Market 58 · Amenities 65 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Aldeia Galega da Merceana e Aldeia Gavinha, Alenquer, Lisbon
Area baseline €163,096 + condition +€5,344 + location +€7,829 = modelled fair value of €176,268 (€2,319/m²), a €193,732 (52.4%) gap versus the €370,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Aldeia Galega da Merceana e Aldeia Gavinha · 6d54e3 | Subject | €370,000 | €4,868 | — | 75 | 62 |
| Aldeia Galega da Merceana e Aldeia Gavinha · 956c1e | Active | €370,000 | €3,524 | 27.6% | 75 | 58 |
| Aldeia Galega da Merceana e Aldeia Gavinha · 90d7ac | Active | €270,000 | €2,411 | 50.5% | 75 | 61 |
| Olhalvo · 001c05 | Active | €247,500 | €2,661 | 45.3% | 75 | 60 |
| calçada do Duque | Active | €225,000 | €2,206 | 54.7% | — | 57 |
| Median comp | €258,750 | €2,536 | 47.9% | 75 | 59 |
Long-term rental The long-term rental strategy is not advisable for this property, as its listing price of €370,000 significantly exceeds the fair value of €176,268, indicating it is overpriced by 52.4%. The lack of yield and a moderate neighbourhood rating of 62/100 further diminish its attractiveness for long-term tenants. Family rental Given the property’s current listing price of €370,000, which stands 52.4% above its fair value of €176,268, pursuing a family rental strategy may prove to be unwise. With a gross yield of 0% and average neighbourhood amenities, it is unlikely to attract families seeking affordable housing options. Buy-and-hold The property’s price of €370,000, which is 52.4% higher than its fair value of €176,268, suggests that a buy-and-hold strategy is inadvisable due to the inflated entry cost. Additionally, the low yield and moderate condition rating of 80/100 do not justify the investment from a long-term appreciation standpoint.
Economic Vulnerability The economic stability score of 55/100 indicates potential fluctuations in market conditions, posing a risk to long-term investment performance. Tenant Instability Even with a relatively higher tenant stability score of 70/100, the economic instability may lead to higher vacancy rates and rental fluctuations.