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 110 m², built in 2004, energy rating D. Located on praceta Gaspar Corte Real, 62, Carregado e Cadafais parish, Alenquer municipality, Lisbon district. This apartment features panoramic views from the 8th-floor balcony, enhancing its appeal with a blend of urban convenience and scenic landscapes thanks to its prime location.
The valuation. The asking price of €337,000 exceeds the fair value of €221,875 by €115,125, marking a 34.2% overvaluation. This property is considered overpriced and thus presents a challenging investment opportunity.
Fair value modelled at €221,875 from the area baseline, adjusted for condition and location. Asking €337,000 sits €115,125 (34.2%) above — overpriced versus fair value.
Asking €337,000 versus the praceta Gaspar Corte Real, 62 area baseline of €230,890 (€2,099/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 62 · Materials 65 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 55/100 (Housing Market 50 · Amenities 45 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
praceta Gaspar Corte Real, 62
Area baseline €230,890 + condition -€18,906 + location +€4,721 = modelled fair value of €221,875 (€2,017/m²), a €115,125 (34.2%) gap versus the €337,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Gaspar Corte Real, 62 | Subject | €337,000 | €3,064 | — | 62 | 55 |
| praceta Gaspar Corte Real, 58 | Active | €285,000 | €2,375 | 22.5% | 70 | 55 |
| Carregado e Cadafais · 38c1f1 | Active | €310,000 | €2,627 | 14.2% | 70 | 51 |
| praceta Pedro Álvares Cabral | Active | €285,000 | €2,908 | 5.1% | 68 | 47 |
| praceta Diogo Lopes Sequeira | Active | €255,000 | €2,602 | 15.1% | 70 | 56 |
| Median comp | €285,000 | €2,615 | 14.7% | 70 | 53 |
Long-term rental The property in Carregado e Cadafais demands a price of €337,000, which is significantly above its fair value of €221,875, indicating it is overpriced by 34.2%. With a gross yield of only 3.4% and a neighborhood rating of 55/100, this investment is likely to underperform in the long-term rental market. Buy-and-hold Investing in this 3-bed apartment as a buy-and-hold strategy is not advisable given its hefty price tag of €337,000 versus a fair value of €221,875, marking it as overpriced. The combination of a low yield of 3.4% and the property condition score of 64/100 suggests that potential appreciation may not compensate for the initial investment risk. Not ideal for: This property is not suitable for student housing or the luxury market, as the current pricing and neighborhood dynamics do not support the income potential that such strategies would typically expect.
Tenant turnover risk With a tenant stability score of 60/100, there is a significant risk of higher tenant turnover, which could result in increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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