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 country_estate of 138 m², built in 1970, energy rating F. Located Meca parish, Alenquer municipality, Lisbon district. Noteworthy Features: The property includes a substantial 90 m² independent warehouse, ideal for diverse uses, along with 5,240 m² of rustic land with olive trees and a vineyard.
The valuation. The asking price of €349,900 sits slightly below the fair value of €361,195, indicating a nominal discrepancy of €11,295 (3.1%). This property is considered fairly priced given the current market conditions.
Fair value modelled at €361,195 from 6 comparable sales in the area. Asking €349,900 sits €11,295 (3.1%) below — the upside to fair value.
Asking €349,900 versus the Meca, Alenquer, Lisbon area baseline of €289,349 (€2,097/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €289,349, adjusted for condition and micro-location, gives a modelled fair value of €361,195 (€2,617/m²), a €11,295 (3.1%) gap versus the €349,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Meca · 8ee8b4 | Subject | €349,900 | €2,536 | — | 67 | 63 |
| calçada do Duque | Active | €225,000 | €2,206 | 13.0% | — | 57 |
| Meca · 65a602 | Active | €359,000 | €2,805 | 10.6% | 68 | 64 |
| Meca · 99f4a1 | Active | €369,000 | €2,883 | 13.7% | 72 | 59 |
| Olhalvo · 001c05 | Active | €247,500 | €2,661 | 5.0% | 75 | 60 |
| Median comp | €303,250 | €2,733 | 7.8% | 72 | 60 |
Long-term rental The property in Meca, Alenquer is positioned fairly within the housing market, with a fair value only slightly above the listing price at a gap of 3.1%. A gross yield of 3.5% aligns it well for long-term tenants seeking a rural-urban mix, though tenant quality may vary due to mixed neighbourhood demographics. Family rental As a 3-bed country estate, this property suits families looking for a spacious home in a suburban setting where amenities are available. The fair valuation of €349,900 indicates this is a reasonable choice for family rental, despite the average condition and neighbourhood ratings. Buy-and-hold With a fair valuation reflecting its price stability, this property can serve as a solid buy-and-hold investment in a moderate housing market. The yield of 3.5% and the slight gap to fair value suggest it may appreciate over time, making it suitable for investors looking for gradual capital appreciation. Not ideal for Short-term vacation rental: The property’s rural locale and modest amenities limit its appeal to vacationers looking for active, urban experiences. Student housing: Given the demographic mix and lower tenant quality indicators, this property may not attract students seeking proximity to educational institutions. Luxury market: The average condition of the estate and its suburban context suggest that it falls short of luxury market expectations, limiting high-end investment potential.
Economic Vulnerability With an economic stability score of 60/100, there is a moderate risk that fluctuations in the local economy could negatively impact property value and rental income. Tenant Vulnerability Although tenant stability is rated at 70/100, the combination with economic instability may lead to potential challenges in tenant retention or timely rent payments.
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