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 151 m², built in 2001, energy rating C. Located on rua Diogo Afonso, 2, Carregado e Cadafais parish, Alenquer municipality, Lisbon district. Noteworthy Features: This apartment benefits from direct terrace access from both the living room and kitchen, enhancing outdoor connectivity for family activities and entertaining. Condition Notes: While generally well-maintained, minor updates could elevate its appeal further.
The valuation. The asking price of €417,500 is significantly above the fair value of €309,773, marking an excess of €107,727 (25.8%). This property is overpriced and may pose a challenge for potential investors seeking immediate returns.
Fair value modelled at €309,773 from the area baseline, adjusted for condition and location. Asking €417,500 sits €107,727 (25.8%) above — overpriced versus fair value.
Asking €417,500 versus the rua Diogo Afonso, 2 area baseline of €324,046 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 70 · Materials 65 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 49/100 (Housing Market 40 · Amenities 50 · Economic 35 · Tenant Quality 60). Softer demand indicators apply a discount to baseline.
rua Diogo Afonso, 2
Area baseline €324,046 + condition -€12,977 + location -€1,296 = modelled fair value of €309,773 (€2,051/m²), a €107,727 (25.8%) gap versus the €417,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Diogo Afonso, 2 | Subject | €417,500 | €2,765 | — | 70 | 49 |
| Carregado e Cadafais · 6fbd2e | Active | €280,000 | €2,857 | 3.3% | 68 | 50 |
| praceta Diogo Lopes Sequeira | Active | €255,000 | €2,602 | 5.9% | 70 | 56 |
| praceta Pedro Álvares Cabral | Active | €285,000 | €2,908 | 5.2% | 68 | 47 |
| Carregado e Cadafais · 38c1f1 | Active | €310,000 | €2,627 | 5.0% | 70 | 51 |
| Median comp | €282,500 | €2,742 | 0.8% | 69 | 51 |
Long-term rental The property currently has a gross yield of 2.9%, which is below attractive market standards and suggests limited cash flow potential for investors. Given that the property is overpriced by 25.8% compared to its fair value, long-term rental may not yield satisfactory returns. Value-add renovation With a current condition rating of 70/100, there is room for improvement, yet the initial investment required is exacerbated by the property's overpriced listing. Renovation may enhance the living space and potentially increase value, but the significant gap from fair value complicates achieving a positive return on investment. Family rental The property may appeal to families given its size, but the surrounding neighbourhood has a low rating of 49/100, suggesting limited amenities and tenant quality. Coupled with the 25.8% overpricing, targeting families may not generate the expected rental demand or financial performance.
High Economic Risk With an economic stability score of 35/100, there is a significant likelihood of economic downturns impacting property value and rental income.
