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 120 m², built in 1994, energy rating D. Located on praceta Gaspar Corte Real, 58, Carregado e Cadafais parish, Alenquer municipality, Lisbon district. The apartment's 11th-floor location offers unobstructed views and enhanced privacy, along with modernized interiors that may require minor updates, particularly in the kitchens and bathrooms.
The valuation. The asking price of €285,000 is significantly above the fair value of €248,608, resulting in an overpricing of €36,392 (12.8%). This indicates that the property is not a sound investment at its current asking price. Buy-to-flip angle. With strategic renovations focused on enhancing aesthetic appeal, the buy-to-flip approach could target a resale price that reflects market expectations after improvements. However, the existing overvaluation may hinder profitability when flipping. Buy-to-let angle. The rental income strategy suggests an estimated gross yield of 4% with monthly rent around €950, providing stable income. While the property’s condition is functional, it may need updates to attract and retain tenants.
Fair value modelled at €248,608 from the area baseline, adjusted for condition and location. Asking €285,000 sits €36,392 (12.8%) above — overpriced versus fair value.
Asking €285,000 versus the praceta Gaspar Corte Real, 58 area baseline of €233,400 (€1,945/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 68 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 55/100 (Housing Market 50 · Amenities 50 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
praceta Gaspar Corte Real, 58
Area baseline €233,400 + condition -€14,063 + location +€5,150 = modelled fair value of €248,608 (€2,072/m²), a €36,392 (12.8%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Gaspar Corte Real, 58 | Subject | €285,000 | €2,375 | — | 70 | 55 |
| praceta Pedro Álvares Cabral | Active | €285,000 | €2,908 | 22.4% | 68 | 47 |
| praceta Diogo Lopes Sequeira | Active | €255,000 | €2,602 | 9.6% | 70 | 56 |
| Carregado e Cadafais · 38c1f1 | Active | €310,000 | €2,627 | 10.6% | 70 | 51 |
| Carregado e Cadafais · 0900d6 | Active | €350,000 | €3,333 | 40.4% | 72 | 56 |
| Median comp | €297,500 | €2,768 | 16.5% | 70 | 54 |
Long-term rental Given the 4% gross yield and the property's condition rating of 68/100, this investment appears less appealing due to its 12.8% gap versus fair value. The rural setting and limited urban amenities may restrict tenant quality, making long-term rental a moderate risk. Buy-and-hold While the buy-and-hold strategy can typically offer returns over time, this property is assessed as overpriced, with a fair value of €248,608 compared to the listing price of €285,000. The economic limitations of the neighborhood and its low amenities score further suggest that capital appreciation may be constrained in the near future.
Economic Vulnerability The property has an economic stability score of 55/100, indicating a moderate risk of economic downturns affecting rental income stability.
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