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 112 m² on the 1st floor, built in 2003, energy rating C. Located Aljubarrota parish, Alcobaça municipality, Leiria district. Noteworthy Features: The property includes soundproof new window frames, enhancing thermal comfort, and is situated in a family-friendly condominium with designated children's play and leisure areas.
The valuation. The asking price of €244,500 is slightly above the fair value of €237,876, amounting to a difference of €6,624 or 2.8%. The valuation verdict is fair.
Fair value modelled at €237,876 from 5 comparable sales in the area. Asking €244,500 sits €6,624 (2.8%) above — overpriced versus fair value.
Asking €244,500 versus the Aljubarrota, Alcobaça, Leiria area baseline of €181,637 (€1,622/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €181,637, adjusted for condition and micro-location, gives a modelled fair value of €237,876 (€2,124/m²), a €6,624 (2.8%) gap versus the €244,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Aljubarrota · a807e8 | Subject | €244,500 | €2,183 | — | 74 | 46 |
| Alcobaça e Vestiaria · 5da13b | Active | €240,000 | €2,124 | 2.7% | 70 | 49 |
| Calvaria de Cima · 5da1cb | Active | €210,000 | €1,382 | 36.7% | 70 | 54 |
| Alcobaça e Vestiaria · 38b6ef | Active | €310,000 | €2,348 | 7.6% | 60 | 48 |
| Nazaré · 831124 | Active | €379,000 | €3,267 | 49.7% | 75 | 52 |
| Median comp | €275,000 | €2,236 | 2.4% | 70 | 51 |
Long-term rental The property offers a fair value proposition with a slight gap of 2.8% between the listing price and fair value. Given its 0% gross yield and limited tenant quality in the neighbourhood, potential landlords may find it challenging to generate positive cash flow from long-term rentals. Value-add renovation With a condition rating of 76/100, there is scope for improvement through value-add renovation, albeit at a fair listing price. However, given the neighbourhood's score of 46/100, the return on investment may not be optimal and requires careful consideration. Family rental Though suitable for family rental given its size, the fair valuation suggests there may not be much upside for appreciation in this rural context. The limited employment opportunities in the region could also hinder demand from families seeking stable rental housing. Not ideal for short-term vacation rental With a neighbourhood rating of 46/100 and limited economic prospects, this property is not conducive for short-term vacation rentals. The fair valuation indicates there are likely better opportunities elsewhere for that market segment. Not ideal for luxury market This property, while adequately priced, does not align with the luxury market's expectations, particularly given its neighbourhood and economic ratings. The gap to fair value underscores a lack of potential for appreciation that the luxury market typically demands. Not ideal for student housing The apartment's rating of 46/100 for the neighbourhood conditions and amenities makes it unsuitable for student housing investment. Moreover, limited access to diverse employment opportunities diminishes the attractiveness of the area for student renters.
Economic Downturn Risk The low economic stability score of 40/100 indicates a high potential for adverse market conditions that could impact rental income and property value.
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
