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 90 m² on the 2nd floor, built in 1993, energy rating F. Located on rua Joaquim Falé, 36, Alenquer (Santo Estévão e Triana) parish, Alenquer municipality, Lisbon district. Noteworthy Features: The apartment includes a closed balcony and an attic, enhancing both living space and storage options in a central location with convenient access to amenities.
The valuation. The asking price of €290,000 sits €116,204 (40.1%) above the fair value of €173,796, indicating that the property is overpriced. Given this significant discrepancy, potential investors should proceed with caution.
Fair value modelled at €173,796 from the area baseline, adjusted for condition and location. Asking €290,000 sits €116,204 (40.1%) above — overpriced versus fair value.
Asking €290,000 versus the rua Joaquim Falé, 36 area baseline of €188,910 (€2,099/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 56/100 (Condition 52 · Materials 60 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 59/100 (Housing Market 50 · Amenities 55 · Economic 45 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Joaquim Falé, 36
Area baseline €188,910 + condition -€26,297 + location +€6,953 = modelled fair value of €173,796 (€1,931/m²), a €116,204 (40.1%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Joaquim Falé, 36 | Subject | €290,000 | €3,222 | — | 52 | 59 |
| rua da Liberdade | Active | €225,000 | €2,528 | 21.5% | 60 | 57 |
| rua da Liberdade | Active | €250,000 | €2,874 | 10.8% | 72 | 55 |
| praceta Infante Dom Henriques | Active | €240,000 | €3,038 | 5.7% | 58 | 49 |
| travessa de São Benedito | Active | €240,000 | €2,667 | 17.2% | 58 | 63 |
| Median comp | €240,000 | €2,771 | 14.0% | 59 | 56 |
Long-term rental The property, listed at €290,000, presents a significant gap of 40.1% compared to its fair value of €173,796, indicating that it is overpriced in the current market. With a gross yield of 4.9%, the potential returns do not justify the high entry price considering the semi-rural location and mixed demographics. Family rental Although this 3-bed apartment could cater to family tenants, the high listing price of €290,000 makes it difficult to justify the investment, particularly when the fair value stands at just €173,796. The neighborhood's relatively low ratings at 59/100 further suggest challenges in attracting families willing to pay a premium for this property.
[Tenant turnover risk] With a tenant stability score of 65/100, there's a potential risk of higher turnover rates impacting cash flow, despite the tenant stability being relatively decent compared to economic stability, which is low at 45/100.
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