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 118 m², built in 2007, energy rating C. Located on rua António Augusto Nascimento Lucas, Alenquer (Santo Estévão e Triana) parish, Alenquer municipality, Lisbon district. Noteworthy Features: The apartment's large terrace offers unobstructed views, while the presence of a cozy fireplace enhances warmth and comfort during colder seasons.
The valuation. The asking price of €330,000 is significantly higher than the fair value of €249,263, representing an overvaluation of €80,737 or 24.5%. This property is not a prudent investment choice. Buy-to-flip angle. Implementing a buy-and-flip strategy may be fraught with risk, given the current market dynamics, as the expected resale value does not justify the high acquisition cost. Buy-to-let angle. The projected rental yield is relatively low at 3.6%, translating to approximately €990 per month. While this offers steady income, the price compared to fair value raises concerns about profitability in the long term.
Fair value modelled at €249,263 from the area baseline, adjusted for condition and location. Asking €330,000 sits €80,737 (24.5%) above — overpriced versus fair value.
Asking €330,000 versus the rua António Augusto Nascimento Lucas area baseline of €253,228 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 70 · Materials 75 · Room dimensions 74). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 51/100 (Housing Market 50 · Amenities 55 · Economic 45 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
rua António Augusto Nascimento Lucas
Area baseline €253,228 + condition -€4,978 + location +€1,013 = modelled fair value of €249,263 (€2,112/m²), a €80,737 (24.5%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua António Augusto Nascimento Lucas | Subject | €330,000 | €2,797 | — | 70 | 51 |
| rua Castelo Melhor S / N | Active | €312,500 | €2,765 | 1.1% | 70 | 54 |
| Carregado e Cadafais · 82c87a | Active | €290,000 | €2,959 | 5.8% | 74 | 48 |
| Carregado e Cadafais · 937643 | Active | €265,000 | €2,819 | 0.8% | 70 | 48 |
| praceta Guilherme João Carlos Henriques, 2 | Active | €268,000 | €2,851 | 1.9% | 74 | 56 |
| Median comp | €279,000 | €2,835 | 1.4% | 72 | 51 |
Long-term rental Given the property’s gross yield of 3.6% and its overall condition rating of 72/100, investing as a long-term rental may not deliver the expected returns relative to its listing price. Additionally, the neighborhood's low score of 51/100 indicates potential challenges in tenant demand and income stability. Buy-and-hold Holding this property as a buy-and-hold investment appears unwise due to its gap of 24.5% from fair value, suggesting that it is currently overpriced. Coupled with the semi-rural location and average local infrastructure, this strategy may not yield desirable appreciation over time. Value-add renovation Engaging in a value-add renovation strategy holds limited appeal, as the property is already listed at a price significantly above its fair value. The expected renovation costs would likely not compensate for the 24.5% gap, diminishing the potential for a profitable exit strategy.
Economic Vulnerability The economic stability score of 45/100 indicates a significant risk of adverse economic conditions affecting property value and rental demand.
