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.
6-bedroom, 0-bathroom house of 214 m², built in 1937. Located Lamas e Cercal parish, Cadaval municipality, Lisbon district. Noteworthy Features: This T6 house, requiring total reconstruction, offers a unique exemption from usage license due to its pre-1951 status, allowing for flexible redevelopment options in a historic village.
The valuation. The asking price of €120,000 is significantly below the fair value of €254,594, indicating a difference of €134,594 (112.2%). This property is underpriced and presents a compelling investment opportunity.
Fair value modelled at €254,594 from the area baseline, adjusted for condition and location. Asking €120,000 sits €134,594 (112.2%) below — the upside to fair value.
Asking €120,000 versus the Lamas e Cercal, Cadaval, Lisbon area baseline of €459,244 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 11/100 (Condition 8 · Materials 12 · Room dimensions 15). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 56/100 (Housing Market 50 · Amenities 55 · Economic 45 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Lamas e Cercal, Cadaval, Lisbon
Area baseline €459,244 + condition -€215,672 + location +€11,022 = modelled fair value of €254,594 (€1,190/m²), a €134,594 (112.2%) gap versus the €120,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Lamas e Cercal · cfe00e | Subject | €120,000 | €561 | — | — | 56 |
| praça da Liberdade, 32 | Active | €275,000 | €1,455 | 159.5% | 62 | 62 |
| Lamas e Cercal · cfe12f | Active | €367,000 | €2,134 | 280.5% | 70 | 59 |
| Lamas e Cercal · 96c31c | Active | €255,000 | €2,576 | 359.3% | 70 | 57 |
| Lamas e Cercal · 99f419 | Active | €255,000 | €2,576 | 359.3% | 80 | 58 |
| Median comp | €265,000 | €2,355 | 320.0% | 70 | 59 |
Value-add renovation Renovating this 6-bed house in Lamas e Cercal could significantly increase its value, as it is currently priced at €120,000 compared to a fair value of €254,594, reflecting a gap of 112.2%. With an initial condition rating of 11/100, there is substantial room for improvements that can enhance the property's appeal and worth. Long-term rental Given its spacious layout and potential after renovation, this property could serve as a lucrative long-term rental option in a peripheral area that is close to agricultural zones. Despite its current gross yield of 0% due to condition issues, leveraging its fair value of €254,594 can attract stable tenants over time. Family rental The property’s 6-bedroom configuration suits family living, and with proper renovations, it can be positioned as an appealing family rental in the Cadaval area. Although it currently has a low neighborhood score of 56/100, improving the property could enhance tenant quality and ultimately increase rental income. Not ideal for Short-term vacation rental, student housing, luxury market.
Economic vulnerability The economic stability score of 45/100 indicates a high risk of fluctuations in property value and rental income, impacting overall investment returns significantly.
