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, 1-bathroom apartment of 113 m², built in 2003, energy rating C. Located on rua Castelo Melhor S / N, Carregado e Cadafais parish, Alenquer municipality, Lisbon district. Noteworthy Features: The apartment features a cozy living room with a fireplace equipped with heat recovery, enhancing thermal comfort and energy efficiency during colder months.
The valuation. The asking price of €312,500 exceeds the fair value of €248,497 by €64,003 (20.5%). This indicates the property is overpriced relative to its assessed worth.
Fair value modelled at €248,497 from the area baseline, adjusted for condition and location. Asking €312,500 sits €64,003 (20.5%) above — overpriced versus fair value.
Asking €312,500 versus the rua Castelo Melhor S / N area baseline of €242,498 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 70 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 54/100 (Housing Market 40 · Amenities 50 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Castelo Melhor S / N
Area baseline €242,498 + condition +€2,119 + location +€3,880 = modelled fair value of €248,497 (€2,199/m²), a €64,003 (20.5%) gap versus the €312,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Castelo Melhor S / N | Subject | €312,500 | €2,765 | — | 70 | 54 |
| rua Nuno Tristão, 21 | Active | €275,000 | €3,161 | 14.3% | 74 | 52 |
| rua António Augusto Nascimento Lucas | Active | €330,000 | €2,797 | 1.1% | 70 | 51 |
| Carregado e Cadafais · 82c87a | Active | €290,000 | €2,959 | 7.0% | 74 | 48 |
| rua Vila de Avintes | Active | €297,000 | €2,941 | 6.3% | 72 | 48 |
| Median comp | €293,500 | €2,950 | 6.7% | 73 | 50 |
Long-term rental The property is overpriced at €312,500, which is 20.5% above the fair value of €248,497, limiting its attractiveness in the long-term rental market. With a gross yield of only 3.6% and a neighborhood rating of 54/100, the potential for stable tenants and growth is diminished. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable due to its pricing being significantly above fair market value, resulting in a lack of capital appreciation potential. The combined low yield of 3.6% and the neighborhood rating of 54/100 suggest that the long-term investment may not yield satisfactory returns. Not ideal for Luxury market Given the high listing price compared to the fair market value, this property does not align with luxury market expectations. The rural location and lower tenant quality indicate limited appeal to affluent buyers seeking luxury investments. Not ideal for Short-term vacation rental The property is overpriced, which can deter short-term vacation rental investors looking for profitable opportunities. Additionally, the rural economy and lower neighborhood ratings may limit demand from vacationers seeking unique experiences.
Economic Uncertainty The economic stability score of 50/100 indicates a potential risk of adverse market conditions affecting property value and tenant demand.
