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.
5-bedroom, 3-bathroom house of 189 m², built in 1996. Located on rua das Palmeiras, 16, Carregado e Cadafais parish, Alenquer municipality, Lisbon district. Noteworthy Features: The property boasts a charming outdoor barbecue area, ideal for family gatherings, and an adaptable attic space perfect for a home office or leisure activities.
The valuation. The asking price of €475,000 sits €65,636 (16.0%) above the fair value of €409,364, indicating a property that is overpriced. Investors should be cautious about entering at this elevated price point.
Fair value modelled at €409,364 from 6 comparable sales in the area. Asking €475,000 sits €65,636 (16.0%) above — overpriced versus fair value.
Asking €475,000 versus the rua das Palmeiras, 16 area baseline of €326,950 (€1,730/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 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 €326,950, adjusted for condition and micro-location, gives a modelled fair value of €409,364 (€2,166/m²), a €65,636 (16.0%) gap versus the €475,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Palmeiras, 16 | Subject | €475,000 | €2,513 | — | 70 | 55 |
| Alenquer (Santo Estévão e Triana) · 3df68b | Active | €790,000 | €3,816 | 51.9% | 78 | 49 |
| rua das Dálias | Active | €799,000 | €2,189 | 12.9% | 80 | 48 |
| rua Primeiro de Maio | Active | €540,000 | €2,143 | 14.7% | 75 | 64 |
| rua das Fontaínhas | Active | €490,000 | €1,576 | 37.3% | 70 | 56 |
| Median comp | €665,000 | €2,166 | 13.8% | 77 | 53 |
Long-term rental The property is not a suitable investment for long-term rental, given its high listing price of €475,000, which is 16% above the fair value of €409,364. Additionally, the low neighbourhood rating of 55/100 and the rural location may limit tenant demand and rental growth potential. Value-add renovation While the property offers a gross yield of 3.6%, the significant gap from fair value indicates that any potential value-add renovation strategy may not yield sufficient returns. The current condition rating of 71/100 suggests that improvements could be beneficial, but the already high acquisition price makes this strategy less attractive in the current market context.
Low Economic Stability Risk With an economic stability score of 40/100, there is a heightened risk of financial downturns affecting property values and tenant retention, particularly in challenging market conditions.
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
