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.
2-bedroom, 0-bathroom house of 277 m². Located Manique do Intendente, Vila Nova de São Pedro e Maçussa parish, Azambuja municipality, Lisbon district. The property includes outbuildings with significant renovation potential, ideal for various uses such as a workshop or independent living space.
The valuation. The asking price of €120,000 is significantly below the fair value of €477,056, representing a discount of €357,056 (74.8%). Verdict: underpriced.
Fair value modelled at €477,056 from 5 comparable sales in the area. Asking €120,000 sits €357,056 (74.8%) below — the upside to fair value.
Asking €120,000 versus the Manique do Intendente, Vila Nova de São Pedro e Maçussa, Azambuja, Lisbon area baseline of €680,135 (€2,455/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 25/100 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 €680,135, adjusted for condition and micro-location, gives a modelled fair value of €477,056 (€1,722/m²), a €357,056 (74.8%) gap versus the €120,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Manique do Intendente, Vila Nova de São Pedro e Maçussa · a80993 | Subject | €120,000 | €433 | — | 15 | 59 |
| rua José Luis Inácio Raimundo | Active | €135,000 | €538 | 24.2% | 15 | 44 |
| Manique do Intendente, Vila Nova de São Pedro e Maçussa · 6c7bd8 | Active | €155,000 | €1,722 | 297.5% | 40 | 50 |
| rua Pedro Alves Jaleko, 50 | Active | €155,000 | €1,722 | 297.5% | 56 | 54 |
| Manique do Intendente, Vila Nova de São Pedro e Maçussa · da4705 | Active | €185,000 | €2,937 | 577.8% | — | 49 |
| Median comp | €155,000 | €1,722 | 297.5% | 40 | 50 |
Long-term rental The property in Manique do Intendente is positioned for long-term rental opportunities given its location in a rural area, where lower crime rates and commuter potential attract stable tenants. Despite a low gross yield of 0%, the significant gap of 74.8% from fair value indicates considerable upside potential for rental income growth in the future. Buy-and-hold Investing in this 2-bed house allows for a buy-and-hold strategy with strong appreciation prospects, as the fair value of €477,056 significantly exceeds the listing price of €120,000. The central Portugal location presents a feasible opportunity for long-term capital appreciation, especially as the neighborhoods develop over time. Value-add renovation A value-add renovation strategy could transform the property's current 25/100 condition into a more appealing residence while capitalizing on the considerable gap from its fair value. With the potential to improve both the property and rental income, this strategy leverages the existing low entry price to create value in an otherwise stable rural market.
Low Economic Stability Risk The property faces potential challenges due to the low economic stability score of 40/100, indicating a higher risk of economic downturns affecting tenant demand and rental income.
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