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 165 m², built in 1999, energy rating D. Located on rua Florbela Espanca, Carregado e Cadafais parish, Alenquer municipality, Lisbon district. Noteworthy Features: This apartment includes a cozy fireplace in the living room, enhancing comfort during cooler months, and features air conditioning in all bedrooms for climate control. Additional Context: The property is situated just a few minutes from essential amenities and the motorway entrance, ensuring convenience for daily commutes.
The valuation. The asking price of €299,000 is significantly below the fair value of €357,184, indicating a difference of €58,184 (19.5%). This property is subvalued, making it an attractive investment opportunity. Buy-to-flip angle. With potential renovations, the property could be upgraded to appeal to buyers looking for modern features, allowing for a profitable resale strategy targeting the Lisbon market. A focused marketing campaign could maximize the return on the initial investment. Buy-to-let angle. The estimated rental income of €997 per month yields a gross yield of 4%, supporting a stable cash flow. Given the property's quality and design, it is likely to attract long-term tenants.
Fair value modelled at €357,184 from the area baseline, adjusted for condition and location. Asking €299,000 sits €58,184 (19.5%) below — the upside to fair value.
Asking €299,000 versus the rua Florbela Espanca area baseline of €354,090 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 73 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 50/100 (Housing Market 50 · Amenities 55 · Economic 45 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline.
rua Florbela Espanca
Area baseline €354,090 + condition +€3,094 + location +€0 = modelled fair value of €357,184 (€2,165/m²), a €58,184 (19.5%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Florbela Espanca | Subject | €299,000 | €1,812 | — | 73 | 50 |
| rua São José do Marco | Active | €330,000 | €3,113 | 71.8% | 75 | 42 |
| Carregado e Cadafais · 49b94f | Active | €259,900 | €2,096 | 15.7% | — | 58 |
| rua da Vinha do Convento, 3 | Active | €270,000 | €3,068 | 69.3% | 78 | 55 |
| Carregado e Cadafais · 0900d6 | Active | €350,000 | €3,333 | 83.9% | 72 | 56 |
| Median comp | €300,000 | €3,091 | 70.5% | 75 | 56 |
Long-term rental The property in Carregado e Cadafais offers a promising long-term rental opportunity with a gross yield of 4%, indicating solid cash flow potential against its listing price of €299,000, which is 19.5% below fair value. Although the neighborhood has a modest score of 50/100, the economic stability and proximity to urban centers enhance tenant quality and rental demand. Buy-and-hold As a buy-and-hold investment, the apartment presents a favorable entry point at €299,000, significantly lower than its fair value of €357,184, providing a potential appreciation trajectory over time. With a condition rating of 76/100, this property may also benefit from gradual improvements that could further elevate its value in the future.
Tenant turnover risk High tenant turnover is likely due to the low tenant stability score of 50/100, which could lead to increased vacancy rates and associated costs.
