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.
4-bedroom, 2-bathroom house of 192 m², built in 1992, energy rating D. Located Santa Maria, São Pedro e Sobral da Lagoa parish, Óbidos municipality, Leiria district. This property boasts stunning panoramic views of Óbidos Castle, Óbidos Lagoon, and the Atlantic Ocean from an elevated position on a spacious 1,060 m² lot.
The valuation. The asking price of €370,000 stands €73,699 (24.9%) above the fair value of €296,301, indicating that the property is overpriced. This discrepancy suggests that potential investors should approach with caution.
Fair value modelled at €296,301 from 6 comparable sales in the area. Asking €370,000 sits €73,699 (24.9%) above — overpriced versus fair value.
Asking €370,000 versus the Santa Maria, São Pedro e Sobral da Lagoa, Óbidos, Leiria area baseline of €434,301 (€2,262/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 is below the parish average, reducing 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 €434,301, adjusted for condition and micro-location, gives a modelled fair value of €296,301 (€1,543/m²), a €73,699 (24.9%) gap versus the €370,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Maria, São Pedro e Sobral da Lagoa · a8077e | Subject | €370,000 | €1,927 | — | 60 | 59 |
| Lourinhã e Atalaia · 15e3dc | Active | €245,000 | €1,571 | 18.5% | 70 | 58 |
| travessa Armando Miguel Germano, 5 | Active | €285,000 | €1,516 | 21.3% | 55 | 59 |
| Lourinhã e Atalaia · 86cdc0 | Active | €415,000 | €1,804 | 6.4% | 60 | 48 |
| Tornada e Salir do Porto · dc5d77 | Active | €140,000 | €915 | 52.5% | — | 59 |
| Median comp | €265,000 | €1,544 | 19.9% | 60 | 59 |
Long-term rental The property is overpriced at €370,000, significantly exceeding its fair value of €296,301, resulting in a notable 24.9% gap. With a gross yield of 6.6%, the investment may struggle to meet rental performance expectations against the backdrop of an economically sensitive neighborhood. Buy-and-hold Buying this property requires acknowledgment of its overpriced status, as it is listed 24.9% above fair value, which may hinder long-term appreciation potential. While the neighborhood's average rating of 59/100 implies some stability, the property’s condition (65/100) may not attract investors looking for future value growth. Value-add renovation Investing in a value-add renovation strategy could be risky given the current asking price of €370,000, which exceeds the fair value by 24.9%. Although improvements could enhance the property’s appeal, the initial overpricing and a moderate neighborhood score could impede profitability after renovations.
Economic Vulnerability The economic stability score of 50/100 indicates a substantial risk of economic downturns impacting tenant retention and rental income.
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