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, 3-bathroom apartment of 127 m², built in 1998, energy rating D. Located on rua Doutor Renato Fortes, 30, Peniche parish, Peniche municipality, Leiria district. Noteworthy Features: The apartment includes a fireplace with a heat recovery system and oscillating PVC windows with double glazing, enhancing energy efficiency and comfort throughout.
The valuation. The asking price of €298,000 is significantly above the fair value of €219,440, exceeding it by €78,560 or 35.8%. This indicates the property is overpriced.
Fair value modelled at €219,440 from 6 comparable sales in the area. Asking €298,000 sits €78,560 (35.8%) above — overpriced versus fair value.
Asking €298,000 versus the rua Doutor Renato Fortes, 30 area baseline of €191,044 (€1,504/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €191,044, adjusted for condition and micro-location, gives a modelled fair value of €219,440 (€1,728/m²), a €78,560 (35.8%) gap versus the €298,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Renato Fortes, 30 | Subject | €298,000 | €2,346 | — | 74 | 52 |
| rua de Moçambique, 41 | Active | €329,000 | €1,456 | 38.0% | 62 | 53 |
| Peniche · 897e52 | Active | €130,000 | €2,000 | 14.8% | 29 | 48 |
| Peniche · 6032f8 | Active | €180,000 | €1,132 | 51.8% | — | 53 |
| Peniche · 523043 | Active | €180,000 | €1,132 | 51.8% | — | 54 |
| Median comp | €180,000 | €1,294 | 44.9% | 46 | 53 |
Long-term rental The property in Peniche is overpriced by 35.8%, making it a less attractive option for long-term rentals that typically benefit from a lower acquisition cost. With a gross yield of only 3.6%, investors may find it challenging to achieve satisfactory cash flow in a peripheral location with modest demand. Value-add renovation Acquiring this apartment at €298,000 poses a risk as it is currently overpriced, which diminishes the potential upside from a value-add renovation strategy. While improvements could increase its value and appeal, the existing high price limit the potential for significant returns on investment. Buy-and-hold This property is not ideal for a buy-and-hold investment strategy due to its overpriced nature, as it fails to align with the fundamental investment principle of acquiring at fair value. Additionally, the location's modest demand and average school ratings may hinder long-term appreciation prospects. Not ideal for: Short-term vacation rental, Luxury market, Student housing
Economic Vulnerability With an economic stability score of 45/100, there is a significant risk of market fluctuations impacting investment returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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