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, 2-bathroom house of 100 m². Located on calçadinha do Canelas, 1, Abrigada e Cabanas de Torres parish, Alenquer municipality, Lisbon district. This property features a private courtyard with an Alentejo water tank, outdoor shower, and traditional brick barbecue, enhancing outdoor entertainment options in a serene setting.
The valuation. The asking price of €319,000 sits significantly above fair value at €232,873, reflecting an overvaluation of €86,127 (27.0%). The property is not an advisable purchase based on its current pricing. Buy-to-flip angle. A buy-and-flip strategy may not be viable given the high asking price compared to fair market value, limiting potential profit margins for resale. Quick renovations could enhance appeal but might not justify the initial investment. Buy-to-let angle. With a gross yield of 3%, estimated rental income is around €798 per month. This modest return reflects the need for careful consideration in a mixed neighborhood, influencing long-term rental stability.
Fair value modelled at €232,873 from the area baseline, adjusted for condition and location. Asking €319,000 sits €86,127 (27.0%) above — overpriced versus fair value.
Asking €319,000 versus the calçadinha do Canelas, 1 area baseline of €214,600 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 58/100 (Housing Market 60 · Amenities 50 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
calçadinha do Canelas, 1
Area baseline €214,600 + condition +€11,406 + location +€6,867 = modelled fair value of €232,873 (€2,329/m²), a €86,127 (27.0%) gap versus the €319,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| calçadinha do Canelas, 1 | Subject | €319,000 | €3,190 | — | 80 | 58 |
| Meca · 99f4a1 | Active | €369,000 | €2,883 | 9.6% | 72 | 59 |
| Meca · 65a602 | Active | €359,000 | €2,805 | 12.1% | 68 | 64 |
| rua dos Barbadinhos, 4 | Active | €269,900 | €3,551 | 11.3% | 62 | 56 |
| rua dos Combatentes, 43 | Active | €419,000 | €2,479 | 22.3% | 76 | 53 |
| Median comp | €364,000 | €2,844 | 10.8% | 70 | 58 |
Long-term rental Given the gross yield of 3%, this property appears to offer a modest return for long-term rental investors, especially when considering it is overpriced with a 27% gap to fair value. The neighborhood rating of 58 suggests potential challenges in attracting high-quality tenants, which could further impact rental income stability. Family rental While the 100m² layout may appeal to families, the property is overpriced by 27%, positioning it less favorably against locally available options. The average neighborhood safety perception may deter some potential family tenants, complicating rental prospects. Buy-and-hold The property’s current price of €319,000 is 27% above its fair value of €232,873, indicating that the investment may not realize much appreciation over time. With a neighborhood rating of just 58, long-term investment potential could be further diminished by tenant quality and market demand fluctuations in the area.
Economic Vulnerability The economic stability score of 50/100 suggests that the local market may be prone to downturns, impacting tenant security and rental income.
