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 102 m² on the 4th floor, built in 1999, energy rating E. Located on praceta João Gonçalves Zarco, 40, Carregado e Cadafais parish, Alenquer municipality, Lisbon district. This apartment features a cozy fireplace in the spacious living room and a private balcony from one bedroom, offering unobstructed views ideal for relaxation.
The valuation. The asking price of €270,000 is significantly below the fair value of €333,077, by €63,077 (18.9%). This property is therefore correctly positioned as underpriced. Buy-to-flip angle. The buy-to-flip strategy could capitalize on the initial undervaluation, aiming for a resale price closer to the fair value. After upgrades, a profit margin upon resale could be substantial. Buy-to-let angle. With an estimated rental income of €833/month, this property offers a gross yield of 3.7%. It aligns well with a long-term rental strategy despite possible market constraints due to its remote location.
Fair value modelled at €333,077 from 6 comparable sales in the area. Asking €270,000 sits €63,077 (18.9%) below — the upside to fair value.
Asking €270,000 versus the praceta João Gonçalves Zarco, 40 area baseline of €281,589 (€2,761/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €281,589, adjusted for condition and micro-location, gives a modelled fair value of €333,077 (€3,265/m²), a €63,077 (18.9%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta João Gonçalves Zarco, 40 | Subject | €270,000 | €2,647 | — | 74 | 59 |
| praceta Pedro Álvares Cabral, 6 | Active | €249,999 | €3,378 | 27.6% | 68 | 54 |
| praceta da Cevadeira, 3 | Active | €260,000 | €3,714 | 40.3% | 72 | 53 |
| rua Pedro de Sintra, 83 | Active | €245,900 | €3,153 | 19.1% | 80 | 54 |
| praceta Pedro Álvares Cabral, 9 | Active | €240,000 | €3,038 | 14.8% | 74 | 57 |
| Median comp | €247,950 | €3,266 | 23.4% | 73 | 54 |
Long-term rental The 2-bed apartment in Carregado e Cadafais is well-positioned for long-term rental as it currently lists at €270,000, representing a compelling gap of 18.9% below its fair value of €333,077. With a gross yield of 3.7%, this investment provides potential for steady rental income despite the area's remote location from larger cities. Buy-and-hold Investing in this property as a buy-and-hold strategy is attractive, given its subvalued price point and reasonable condition rating of 75/100. The gap from fair value suggests long-term appreciation potential, particularly as economic factors may improve in the region over time. Family rental This apartment is well-suited for family rental, offering adequate space and a fair asking price compared to its fair market value. While the neighbourhood score of 59/100 indicates certain limitations, the value proposition remains strong due to the current listing price being 18.9% less than its fair value. Not ideal for short-term vacation rental Due to its distance from Lisbon and Porto along with limited public transit options, this property is not conducive for short-term vacation rentals. The area's car dependency and amenities may hinder attractiveness to transient guests seeking convenient access to urban centers. Not ideal for luxury market The property does not align with luxury market expectations, as its condition and neighbourhood scores do not reflect high-end living standards. Additionally, the valuation gap indicates an emphasis on mainstream affordability rather than luxury appeal. Not ideal for student housing This 2-bed apartment is not designed for student housing, primarily due to its remote location and lack of adequate public transportation. The housing demand in the surrounding area may not support a consistent influx of students, making this a less viable investment option.
Economic Vulnerability The economic stability score of 45/100 indicates a high risk of fluctuating market conditions that could lead to decreased rental demand and financial instability.
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