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.
5-bedroom, 0-bathroom house of 82 m², built in 1937. Located Pataias e Martingança parish, Alcobaça municipality, Leiria district. Unique Opportunity: Positioned on a prestigious avenue, this property allows for creative redevelopment while being just minutes from the region's beautiful beaches and essential amenities.
The valuation. The asking price of €160,000 is in line with fair value at €160,224, indicating the property is fairly priced with a minimal difference of only €224 (0.1%). Buy-to-flip angle. A buy-to-flip strategy could involve minor renovations to enhance aesthetic appeal, potentially allowing for a resale at a higher price point in the moderately competitive market. Buy-to-let angle. With a gross yield of 0% due to the estimated costs exceeding rental income, the property may require a long-term rental strategy to attract tenants and improve financial viability over time.
Fair value modelled at €160,224 from 6 comparable sales in the area. Asking €160,000 sits €224 (0.1%) below — the upside to fair value.
Asking €160,000 versus the Pataias e Martingança, Alcobaça, Leiria area baseline of €188,572 (€2,300/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 15/100 is below the parish average, reducing 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 €188,572, adjusted for condition and micro-location, gives a modelled fair value of €160,224 (€1,954/m²), a €224 (0.1%) gap versus the €160,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Pataias e Martingança · 83111c | Subject | €160,000 | €1,951 | — | 12 | 50 |
| rua de Angola, 10 | Active | €260,000 | €2,167 | 11.0% | 15 | 56 |
| Pataias e Martingança · 144173 | Active | €198,500 | €1,741 | 10.8% | 30 | 51 |
| rua Vale da Pereira, 2 | Active | €160,000 | €1,280 | 34.4% | 20 | 56 |
| Maiorga · 897e4d | Active | €110,000 | €598 | 69.4% | — | 49 |
| Median comp | €179,250 | €1,511 | 22.6% | 20 | 54 |
Long-term rental The property's fair value closely aligns with its listing price, indicating that it is fairly priced in the current market. However, the gross yield of 0% suggests that long-term rental may not provide sufficient returns, making it less appealing for investors seeking income. Buy-and-hold Investing in this property for a buy-and-hold strategy could be challenging, given its fair valuation and low yield potential. While the property is priced appropriately, the poor condition rating and moderate neighborhood quality may limit appreciation and long-term value growth.
Economic Vulnerability Given the low economic stability score of 40/100, there is a significant risk of fluctuating market conditions affecting property value and rental income stability.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
