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 apartment of 112 m², energy rating D. Located on rua Comandante Alves, São Martinho do Porto parish, Alcobaça municipality, Leiria district. Remarkable Feature: The apartment includes a heat recovery system in the living room, enhancing energy efficiency while providing comfortable warmth throughout the colder months. Additional Note: Fully renovated in 2023, this property offers modern and quality finishes.
The valuation. The asking price of €249,800 sits well above its fair value of €189,355, reflecting a significant overpricing of €60,445 (24.2%). This property does not represent a fair investment opportunity based on its current valuation.
Fair value modelled at €189,355 from the area baseline, adjusted for condition and location. Asking €249,800 sits €60,445 (24.2%) above — overpriced versus fair value.
Asking €249,800 versus the rua Comandante Alves area baseline of €336,560 (€3,005/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 78 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 54/100 (Housing Market 50 · Amenities 50 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Comandante Alves
Area baseline €336,560 + condition +€9,450 + location +€2,833 = modelled fair value of €189,355 (€1,691/m²), a €60,445 (24.2%) gap versus the €249,800 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Comandante Alves | Subject | €249,800 | €2,230 | — | 78 | 54 |
| estrada da Nazaré | Active | €199,000 | €1,990 | 10.8% | 72 | 57 |
| Median comp | €199,000 | €1,990 | 10.8% | 72 | 57 |
Long-term rental The current listing price of €249,800 represents a significant gap of 24.2% compared to the fair value of €189,355, indicating that the property is overpriced. While it offers a 5.5% gross yield, the overall neighborhood quality rated at 54/100 and the property's condition of 80/100 suggest limited demand for long-term rentals. Buy-and-hold Given the fair value assessment, the property is priced too high at €249,800, which could hinder capital appreciation for potential investors. The 5.5% gross yield may appear attractive; however, the unfavorable neighborhood rating and overly optimistic price could limit long-term investment returns.
Economic Vulnerability The property has an economic stability score of 55/100, indicating a significant risk of fluctuating market conditions that may affect rental income. Tenant Instability With a tenant stability score of 60/100, there is a moderate risk of tenant turnover, potentially leading to periods of vacancy and loss of revenue.
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