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 113 m² on the 1st floor, built in 2008, energy rating C. Located Alcobaça e Vestiaria parish, Alcobaça municipality, Leiria district. Noteworthy Features: This apartment includes a garage space, a rare find in the city center, and is only a two-minute walk to the historic Alcobaça Monastery.
The valuation. The asking price of €240,000 sits 4.8% below the fair value of €252,030, making it priced fairly for potential investors. This pricing suggests a balanced opportunity without significant overhead for future appreciation.
Fair value modelled at €252,030 from 6 comparable sales in the area. Asking €240,000 sits €12,030 (4.8%) below — the upside to fair value.
Asking €240,000 versus the Alcobaça e Vestiaria, Alcobaça, Leiria area baseline of €217,894 (€1,928/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €217,894, adjusted for condition and micro-location, gives a modelled fair value of €252,030 (€2,230/m²), a €12,030 (4.8%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcobaça e Vestiaria · 5da13b | Subject | €240,000 | €2,124 | — | 70 | 49 |
| Aljubarrota · 38b65d | Active | €244,500 | €2,183 | 2.8% | 70 | 45 |
| Alcobaça e Vestiaria · 38b6ef | Active | €310,000 | €2,348 | 10.6% | 60 | 48 |
| rua Poeta Joaquim Rodrigues Rato, 24 | Active | €259,500 | €1,230 | 42.1% | 76 | 55 |
| Nazaré · 1441a5 | Active | €465,000 | €2,853 | 34.3% | 70 | 53 |
| Median comp | €284,750 | €2,266 | 6.7% | 70 | 51 |
Long-term rental This property offers a gross yield of 3.9%, which is decent but may not be compelling enough for long-term rental investors seeking higher returns. Additionally, with a fair value only slightly above its listing price, there is limited opportunity for immediate profit in this rural area. Family rental The apartment's spacious layout is suitable for families; however, the neighbourhood score of 49 indicates that amenities and community features may be lacking. Given the current fair valuation, potential family renters might be hesitant due to limited economic activity in the region. Buy-and-hold As a buy-and-hold investment, the property is fairly valued at €240,000, which suggests that significant capital appreciation in the near future may not be likely. Investors should be aware of the low tenant quality associated with the local agricultural economy, which could affect long-term rental stability.
Economic Instability Risk The property is located in an area with a low economic stability score of 35/100, which may lead to decreased demand and potential rent volatility.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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