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 house of 148 m², built in 2003, energy rating D. Located Miragaia e Marteleira parish, Lourinhã municipality, Lisbon district. This property features an oversized attic that provides excellent potential for additional living spaces, such as a cinema room, enhancing its appeal for family entertainment.
The valuation. The asking price of €408,000 is €50,017 (14.0%) above the fair value of €357,983, indicating that the property is overpriced. Such a premium could hinder immediate returns on investment. Buy-to-flip angle. Employing a buy-to-flip strategy may be challenging due to the current price point, but targeted renovations could enhance appeal for resale. Focus on updating the bathrooms and incorporating modern finishes to attract buyers. Buy-to-let angle. A buy-to-let approach could yield approximately €748 monthly, translating to a gross yield of 2.2%. Given the property’s condition and local market trends, it may attract long-term tenants seeking value in a rural setting.
Fair value modelled at €357,983 from 6 comparable sales in the area. Asking €408,000 sits €50,017 (14.0%) above — overpriced versus fair value.
Asking €408,000 versus the Miragaia e Marteleira, Lourinhã, Lisbon area baseline of €284,865 (€1,925/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €284,865, adjusted for condition and micro-location, gives a modelled fair value of €357,983 (€2,419/m²), a €50,017 (14.0%) gap versus the €408,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Miragaia e Marteleira · a805f7 | Subject | €408,000 | €2,757 | — | 64 | 53 |
| Lourinhã e Atalaia · f14de3 | Active | €430,000 | €3,139 | 13.9% | 72 | 48 |
| Lourinhã e Atalaia · 25f618 | Active | €335,000 | €2,410 | 12.6% | 68 | 55 |
| rua José da Silva Junior, 9 | Active | €335,000 | €2,428 | 11.9% | 80 | 59 |
| rua dos Pocinhos, 6 | Active | €650,000 | €2,579 | 6.4% | 73 | 54 |
| Median comp | €382,500 | €2,504 | 9.2% | 73 | 55 |
Long-term rental This property is overpriced at €408,000, with a fair value of only €357,983, indicating a 14% gap that diminishes its attractiveness as a long-term rental investment. The gross yield of 2.2% is relatively low, suggesting insufficient cash flow potential given the property’s elevated price. Value-add renovation While potential renovations could enhance the property's appeal, the current listing price of €408,000 remains above fair value, limiting immediate profitability. The condition rating of 67/100 highlights some need for improvement, but the anticipated returns may not justify the upfront investment against the backdrop of a 14% price gap. Short-term vacation rental This property’s current pricing and the score of 53/100 for the neighborhood indicate that it is not suited for the short-term vacation rental market, especially given the excess cost. The proximity to larger towns may not provide enough demand to support rental rates that would make this investment viable. Luxury market Entering the luxury market with this 3-bed house is not advisable as it is overpriced at €408,000 compared to its fair value of €357,983. Given the average neighborhood score and the low yield, it would struggle to attract high-end buyers in this environment.
High vacancy risk With an economic stability score of 45/100 and tenant stability score of 50/100, the property may face increased vacancy rates due to a lack of robust economic conditions and less reliable tenants.
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