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 87 m², built in 2000, energy rating C. Located on rua Nuno Tristão, 21, Carregado e Cadafais parish, Alenquer municipality, Lisbon district. This apartment features a spacious kitchen with pantry and an attic for private storage, enhancing both storage and usability in daily living.
The valuation. The asking price of €275,000 is significantly above its fair value of €190,507, creating a discrepancy of €84,493 (30.7%). This property is clearly overpriced and may deter serious buyers. Buy-to-flip angle. Given the high asking price, a buy-to-flip strategy would require identifying substantial renovations or market improvements to achieve a higher resale value. The current condition suggests limited immediate profit potential in a quick flip. Buy-to-let angle. A rental income strategy could yield around €779 per month, equating to an annual gross yield of 3.4%. However, the property's high asking price poses challenges for achieving optimal cash flow.
Fair value modelled at €190,507 from the area baseline, adjusted for condition and location. Asking €275,000 sits €84,493 (30.7%) above — overpriced versus fair value.
Asking €275,000 versus the rua Nuno Tristão, 21 area baseline of €186,702 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 78 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 52/100 (Housing Market 50 · Amenities 55 · Economic 45 · Tenant Quality 58). Strong amenities and housing-market momentum support a premium to baseline.
rua Nuno Tristão, 21
Area baseline €186,702 + condition +€2,311 + location +€1,494 = modelled fair value of €190,507 (€2,190/m²), a €84,493 (30.7%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Nuno Tristão, 21 | Subject | €275,000 | €3,161 | — | 74 | 52 |
| rua Castelo Melhor S / N | Active | €312,500 | €2,765 | 12.5% | 70 | 54 |
| Carregado e Cadafais · 4a811c | Active | €255,000 | €3,072 | 2.8% | 70 | 46 |
| praceta João Gonçalves Zarco | Active | €255,000 | €3,269 | 3.4% | 72 | 52 |
| Carregado e Cadafais · 937643 | Active | €265,000 | €2,819 | 10.8% | 70 | 48 |
| Median comp | €260,000 | €2,946 | 6.8% | 70 | 50 |
Long-term rental The property’s listing price of €275,000 presents a significant gap of 30.7% above the fair value of €190,507, indicating it's overpriced. With a gross yield of only 3.4%, the investment lacks attractive cash flow potential, especially given the semi-rural location and lower neighbourhood score of 52/100. Family rental Despite the general suitability of a 2-bed apartment for family rental, the property’s high price relative to its fair value suggests it is overpriced at €275,000. This elevated cost combined with moderate access to amenities and a tenant quality that is not strong may hinder demand from potential family renters.
Economic Viability Risk The low economic stability score of 45/100 indicates a high potential for economic downturns that could adversely affect property values and rental income.
