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 98 m², built in 2002, energy rating D. Located on praceta Pedro Álvares Cabral, Carregado e Cadafais parish, Alenquer municipality, Lisbon district. Noteworthy Features: This apartment boasts a sizable private balcony ideal for outdoor relaxation and entertaining, and it's located in a family-friendly neighborhood with access to recreational facilities.
The valuation. The asking price of €285,000 exceeds the fair value of €195,228 by €89,772, representing a 31.5% markup. This property is considered overpriced in the current market context.
Fair value modelled at €195,228 from the area baseline, adjusted for condition and location. Asking €285,000 sits €89,772 (31.5%) above — overpriced versus fair value.
Asking €285,000 versus the praceta Pedro Álvares Cabral area baseline of €210,308 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 68 · Materials 70 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 47/100 (Housing Market 50 · Amenities 50 · Economic 40 · Tenant Quality 45). Softer demand indicators apply a discount to baseline.
praceta Pedro Álvares Cabral
Area baseline €210,308 + condition -€12,556 + location -€2,524 = modelled fair value of €195,228 (€1,992/m²), a €89,772 (31.5%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Pedro Álvares Cabral | Subject | €285,000 | €2,908 | — | 68 | 47 |
| praceta Diogo Lopes Sequeira | Active | €255,000 | €2,602 | 10.5% | 70 | 56 |
| praceta Gaspar Corte Real, 58 | Active | €285,000 | €2,375 | 18.3% | 70 | 55 |
| Carregado e Cadafais · 38c1f1 | Active | €310,000 | €2,627 | 9.7% | 70 | 51 |
| Carregado e Cadafais · 0900d6 | Active | €350,000 | €3,333 | 14.6% | 72 | 56 |
| Median comp | €297,500 | €2,615 | 10.1% | 70 | 56 |
Long-term rental The property is overpriced at €285,000, significantly above its fair value of €195,228, which results in a gap of 31.5%. Given the low neighborhood score of 47/100 and the 4% gross yield, the potential rental income is unlikely to justify the high purchase price. Buy-and-hold In terms of buy-and-hold strategies, the high valuation makes this property less appealing for long-term investment, as it is priced 31.5% over fair value. The combination of a modest condition score of 67/100 and a relatively weak neighborhood suggests that this investment may not deliver adequate returns over time.
Economic and Tenant Instability With economic stability at 40/100 and tenant stability at 45/100, there is a significant risk of fluctuating rental income and potential vacancy challenges, indicating a precarious investment environment.
