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, 3-bathroom house of 238 m², built in 1981. Located Lamas e Cercal parish, Cadaval municipality, Lisbon district. This property features an independent kitchen with a dedicated bathroom, enhancing its suitability for outdoor gatherings and versatility in usage.
The valuation. The asking price of €160,000 is significantly below the fair value of €412,945, indicating a discount of €252,945 (158.1%). This property is clearly underpriced, offering a potential for substantial appreciation. Buy-to-flip angle. The strategy involves acquiring the property, making necessary renovations, and reselling it at a profit within the local market, capitalizing on its subvalorizada status. A value-add renovation could greatly enhance its appeal and resale value. Buy-to-let angle. For a rental income strategy, while the current gross yield is 0%, potential improvements in condition could enable competitive rental pricing in the area. Given its proximity to Lisbon, it holds promise for attracting long-term tenants.
Fair value modelled at €412,945 from the area baseline, adjusted for condition and location. Asking €160,000 sits €252,945 (158.1%) below — the upside to fair value.
Asking €160,000 versus the Lamas e Cercal, Cadaval, Lisbon area baseline of €510,748 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 49/100 (Condition 42 · Materials 50 · Room dimensions 56). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 50/100 (Housing Market 55 · Amenities 45 · Economic 60 · Tenant Quality 45). Strong amenities and housing-market momentum support a premium to baseline.
Lamas e Cercal, Cadaval, Lisbon
Area baseline €510,748 + condition -€97,803 + location +€0 = modelled fair value of €412,945 (€1,735/m²), a €252,945 (158.1%) gap versus the €160,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Lamas e Cercal · 65a846 | Subject | €160,000 | €672 | — | 42 | 50 |
| Maxial e Monte Redondo · 49b8f3 | Active | €175,000 | €1,036 | 54.0% | 60 | 58 |
| Campelos e Outeiro da Cabeça · 6d5519 | Active | €247,500 | €1,115 | 65.8% | 56 | 56 |
| Painho e Figueiros · 96c40b | Active | €275,000 | €628 | 6.6% | — | 58 |
| Lamas e Cercal · 6f40d4 | Active | €450,000 | €1,154 | 71.6% | 55 | 53 |
| Median comp | €261,250 | €1,076 | 60.0% | 56 | 57 |
Long-term rental The property in Lamas e Cercal is currently listed at €160,000, significantly below its fair value of €412,945, presenting a compelling opportunity for long-term rental investment. With the proximity to Lisbon enhancing employment stability in the area, the potential demand for rental units could contribute positively to the investment's performance. Buy-and-hold Acquiring this property at a price of €160,000, which is 158.1% below its fair value, illustrates a strong buy-and-hold strategy that can yield substantial returns as the property appreciates over time. The neighborhood’s rural characteristics promise a stable living environment, which is essential for a successful long-term holding strategy. Value-add renovation Investing in the property offers a unique opportunity for value-add renovation, allowing for improvements that could enhance the living conditions and increase overall property value beyond its current listing price of €160,000. Given the current condition rating of 49/100 and the gap from fair value, targeted renovations could unlock significant appreciation potential in the real estate market.
Tenant Default Risk The tenant stability score of 45/100 indicates a higher likelihood of tenant turnover and payment issues, potentially impacting cash flow.