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 92 m², built in 1984. Located Carregado e Cadafais parish, Alenquer municipality, Lisbon district. Noteworthy Features: The apartment boasts a closed balcony that adds valuable leisure space and offers panoramic views, complemented by excellent sun exposure throughout the day.
The valuation. The asking price of €240,000 is €35,173 (14.7%) above the fair value of €204,827. This property is considered overpriced according to current market evaluations.
Fair value modelled at €204,827 from the area baseline, adjusted for condition and location. Asking €240,000 sits €35,173 (14.7%) above — overpriced versus fair value.
Asking €240,000 versus the Carregado e Cadafais, Alenquer, Lisbon area baseline of €197,432 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 59/100 (Housing Market 50 · Amenities 50 · Economic 50 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Carregado e Cadafais, Alenquer, Lisbon
Area baseline €197,432 + condition +€288 + location +€7,108 = modelled fair value of €204,827 (€2,226/m²), a €35,173 (14.7%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carregado e Cadafais · 6fba53 | Subject | €240,000 | €2,609 | — | 72 | 59 |
| rua São José do Marco | Active | €330,000 | €3,113 | 19.3% | 75 | 42 |
| rua da Vinha do Convento, 3 | Active | €270,000 | €3,068 | 17.6% | 78 | 55 |
| Carregado e Cadafais · 0900d6 | Active | €350,000 | €3,333 | 27.8% | 72 | 56 |
| Carregado e Cadafais · 38c1f1 | Active | €310,000 | €2,627 | 0.7% | 70 | 51 |
| Median comp | €320,000 | €3,091 | 18.5% | 74 | 53 |
Long-term rental The property presents a yield of 4.2%, which is relatively modest compared to the invested capital given its listing price of €240,000. The neighborhood's score of 59/100 indicates some challenges in tenant quality and amenities, making it less desirable for steady long-term rental income. Buy-and-hold While this strategy could typically offer appreciation benefits, the apartment is currently overpriced at a valuation gap of 14.7%, meaning potential capital growth may not materialize as expected. Given the area's limited economic diversity and amenities, holding this asset could be a risky long-term proposition. Not ideal for short-term rental The property's rural setting and moderate condition, rated at 75/100, suggest that it lacks the appeal necessary for a short-term rental market, which typically thrives on urban amenities. This inefficacy is compounded by the restricted economic diversity of the location, making short-term rental prospects weak. Not ideal for luxury market The apartment does not meet the standards and demand typically associated with the luxury market, evident from its 59/100 neighborhood rating and basic amenities. As it stands at €240,000, it lacks the charm and features expected by affluent buyers, reinforcing its ineligibility in this segment.
Economic Vulnerability With an economic stability score of 50/100, this property is at risk of facing financial instability that could affect rental income and overall property value.