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, 2-bathroom apartment of 90 m², built in 1999, energy rating E. Located on travessa de São Benedito, Alenquer (Santo Estévão e Triana) parish, Alenquer municipality, Lisbon district. Location: A short walk from the historic Alenquer Castle and the Convent of São Francisco, this apartment offers easy access to cultural landmarks and recreational green spaces. Condition: Interior features a blend of fresh finishes and some areas needing attention, particularly in the common pool area.
The valuation. The asking price of €240,000 is significantly above the fair value of €182,090, indicating an overpriced property by €57,910 (24.1%). This suggests potential challenges in achieving an attractive return on investment. Buy-to-flip angle. A buy-to-flip strategy is unlikely to yield favorable profits given the high acquisition cost and dated aesthetics, which would require substantial renovations to improve resale value. Buy-to-let angle. For a buy-to-let strategy, the gross yield sits at 3.5%, with estimated rental income around €700/month, indicating moderate cash flow potential but limited profitability compared to other investment opportunities.
Fair value modelled at €182,090 from the area baseline, adjusted for condition and location. Asking €240,000 sits €57,910 (24.1%) above — overpriced versus fair value.
Asking €240,000 versus the travessa de São Benedito area baseline of €188,910 (€2,099/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 (Condition 58 · Materials 65 · Room dimensions 62). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 63/100 (Housing Market 70 · Amenities 60 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
travessa de São Benedito
Area baseline €188,910 + condition -€21,094 + location +€10,043 = modelled fair value of €182,090 (€2,023/m²), a €57,910 (24.1%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa de São Benedito | Subject | €240,000 | €2,667 | — | 58 | 63 |
| avenida António Maria Jalles | Active | €249,000 | €3,074 | 15.3% | 66 | 60 |
| urbanização Quinta do Barnabé, 3 1 | Active | €265,000 | €2,880 | 8.0% | 73 | 67 |
| rua António Augusto Nascimento Lucas | Active | €330,000 | €2,797 | 4.9% | 70 | 51 |
| rua Carlos Justino Luís Cordeiro, 3 | Active | €255,000 | €2,802 | 5.1% | 68 | 64 |
| Median comp | €260,000 | €2,841 | 6.5% | 69 | 62 |
Family rental This property is not an ideal candidate for family rental, given its 3.5% gross yield and the 24.1% gap to fair value, indicating it is overpriced. Additionally, the condition rating of 60/100 and the neighbourhood score of 63/100 suggest limited appeal for long-term family tenants. Long-term rental With a gross yield of 3.5% and a significant gap of 24.1% compared to the fair value, the property is overpriced for the long-term rental market. The mediocre ratings of 60/100 for condition and 63/100 for the neighbourhood further diminish its attractiveness for potential long-term renters. Buy-and-hold The buy-and-hold strategy is not advisable for this property due to its current listing price being 24.1% above the fair value, marking it as overpriced. Combined with a low gross yield of 3.5% and subpar neighbourhood ratings, this investment may not yield the desired long-term returns.
Potential tenant turnover risk: With both economic stability and tenant stability scores at 60/100, there is an increased likelihood of tenant turnover due to economic fluctuations, which could affect rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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