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 65 m², built in 1975, energy rating D. Located Peniche parish, Peniche municipality, Leiria district. The property features a common terrace ideal for social gatherings, while its potential for complete renovation provides a unique opportunity to create a customized living space.
The valuation. The asking price of €130,000 is significantly above the fair value of €18,384, resulting in an overvaluation of €111,616 (85.9%). This discrepancy indicates a poor investment opportunity in terms of immediate equity. Buy-to-flip angle. Given the property's condition rated at 35/100, a buy-to-flip strategy would require substantial renovations to modernize the fixtures and finishes to attract potential buyers, which may not yield a sufficient return on investment. Buy-to-let angle. A long-term rental strategy could generate an estimated gross yield of 6.9%, equating to approximately €748 per month. However, the mixed neighborhood score of 48/100 may limit tenant demand in this location.
Fair value modelled at €18,384 from the area baseline, adjusted for condition and location. Asking €130,000 sits €111,616 (85.9%) above — overpriced versus fair value.
Asking €130,000 versus the Peniche, Peniche, Leiria area baseline of €59,280 (€912/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 35/100 (Condition 29 · Materials 32 · Room dimensions 43). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 48/100 (Housing Market 40 · Amenities 45 · Economic 50 · Tenant Quality 55). Softer demand indicators apply a discount to baseline.
Peniche, Peniche, Leiria
Area baseline €59,280 + condition -€40,422 + location -€474 = modelled fair value of €18,384 (€283/m²), a €111,616 (85.9%) gap versus the €130,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Peniche · 897e52 | Subject | €130,000 | €2,000 | — | 29 | 48 |
| avenida de Paimogo, 18 | Active | €250,000 | €5,814 | 190.7% | 65 | 52 |
| Lourinhã e Atalaia · 937143 | Active | €130,000 | €3,514 | 75.7% | 65 | 49 |
| rua das Figueiras, 7 | Active | €280,000 | €2,800 | 40.0% | 70 | 53 |
| Vau · 015d2e | Active | €130,000 | €1,250 | 37.5% | 35 | 53 |
| Median comp | €190,000 | €3,157 | 57.9% | 65 | 53 |
Long-term rental The property presents a significant gap of 85.9% against its fair value of €18,384, indicating it is overpriced in the current market. With a gross yield of 6.9%, potential rental income may not sufficiently justify the steep purchase price due to the limited local economic opportunities. Buy-and-hold Though the current rental yield stands at 6.9%, the 85.9% gap in fair value suggests that the property’s pricing is not aligned with market conditions. Holding an overpriced asset in an area with low tenant quality and limited economic growth could result in long-term financial strain rather than capital appreciation.
Economic and Tenant Instability The property is at risk due to low economic stability (50/100) and tenant stability (55/100), indicating potential difficulties in maintaining consistent rental income and property value over time.
