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 173 m², built in 2006, energy rating D. Located on rua da Galega, Cela parish, Alcobaça municipality, Leiria district. Noteworthy Features: The first-floor bedroom with a sea view enhances the property's allure, while the two-car garage ensures convenient parking and additional storage for a coastal lifestyle.
The valuation. The asking price of €355,000 is positioned below the fair value of €405,189, indicating it is subvalued by €50,189 (12.4%). This suggests a favorable buying opportunity for potential investors.
Fair value modelled at €405,189 from 6 comparable sales in the area. Asking €355,000 sits €50,189 (12.4%) below — the upside to fair value.
rua da Galega area median of €272,821 (€1,577/m²) for a property of this size — the starting reference point before comparable sales are factored in.
6 comparable sales in the area adjust the estimate by +€132,368 versus the parish baseline.
Parish baseline €272,821 +€132,368 comparables adjustment = modelled fair value of €405,189 (€2,342/m²), a €50,189 (12.4%) gap versus the €355,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Galega | Subject | €355,000 | €2,052 | — | 75 | 55 |
| Carvalhal Benfeito · cc9a76 | Active | €545,000 | €2,154 | 5.0% | 78 | 59 |
| Carvalhal Benfeito · 831373 | Active | €545,000 | €2,154 | 5.0% | 72 | 49 |
| Nazaré · a80a4f | Active | €420,000 | €2,530 | 23.3% | 75 | 55 |
| Carvalhal Benfeito · 831766 | Active | €545,000 | €3,516 | 71.3% | 72 | 53 |
| Median comp | €545,000 | €2,342 | 14.1% | 74 | 54 |
Long-term rental The property in Cela, Alcobaça, presents an attractive opportunity for long-term rental investors considering its current price of €355,000, which is 12.4% below its fair value of €405,189. With a gross yield of 3.2% and a decent property condition rating of 78/100, it becomes a compelling choice for renters in the region. Family rental Positioning this property as a family rental can capitalize on the growing demand for spacious homes, especially as it offers three-bedrooms and a fair living area of 173m². Its competitive pricing, 12.4% under fair value, along with the relatively favorable condition, makes it appealing to families seeking a balanced lifestyle outside urban centers. Not ideal for luxury market Given the property’s condition rating of 78/100 and neighbourhood score of 55/100, it is not positioned to attract high-end luxury tenants. Pricing at €355,000 aligns it more closely with affordable housing, deterring luxury market investors. Not ideal for student housing Despite its size, the property is not well-suited for student housing due to a neighbourhood rating of only 55/100, which may not support the social dynamics that student tenants often seek. Additionally, the gross yield of 3.2% indicates that it would not yield competitive returns in the student rental sector.
Weak Economic Conditions The economic stability score of 45/100 indicates a high potential for financial downturns, which could impact tenant retention and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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