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, 1-bathroom house of 78 m², built in 1951, energy rating D. Located on estrada da Fonte, 1, Santa Maria, São Pedro e Sobral da Lagoa parish, Óbidos municipality, Leiria district. Noteworthy Features: This property includes a covered porch adapted as a living room and an annex with pre-installation for a bathroom, enhancing its functionality and outdoor living options.
The valuation. The asking price of €215,000 exceeds the fair value of €149,488 by €65,512 (43.8%). This property is overpriced. Buy-to-flip angle. With strategic renovations targeting dated fixtures, a quick resale could capitalize on local demand, potentially fetching a higher price than the current listing. Buy-to-let angle. With an estimated rental income of €985/month, this property offers a gross yield of 5.5%, making it feasible for long-term rental strategies aimed at local families.
Fair value modelled at €149,488 from 6 comparable sales in the area. Asking €215,000 sits €65,512 (43.8%) above — overpriced versus fair value.
Asking €215,000 versus the estrada da Fonte, 1 area baseline of €191,287 (€2,452/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 €191,287, adjusted for condition and micro-location, gives a modelled fair value of €149,488 (€1,917/m²), a €65,512 (43.8%) gap versus the €215,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada da Fonte, 1 | Subject | €215,000 | €2,756 | — | 66 | 48 |
| Caldas da Rainha - Nossa Senhora do Pópulo, Coto e São Gregório · 83152c | Active | €385,000 | €1,906 | 30.9% | 75 | 59 |
| Santa Maria, São Pedro e Sobral da Lagoa · a8077e | Active | €370,000 | €1,927 | 30.1% | 60 | 59 |
| rua do Alecrim, 2 | Active | €105,000 | €2,100 | 23.8% | — | 58 |
| rua Mártires de Timor | Active | €420,000 | €1,615 | 41.4% | 72 | 58 |
| Median comp | €377,500 | €1,917 | 30.5% | 72 | 59 |
Long-term rental The property is overpriced, making it less attractive for long-term rental investments, given the fair value gap of 43.8%. Additionally, with a gross yield of only 5.5% and a low neighborhood score of 48/100, the property may struggle to attract quality tenants. Buy-and-hold Investing in this property for a buy-and-hold strategy is challenging due to its significant overvaluation relative to the fair price. With a fair value of €149,488 compared to the listing of €215,000, potential appreciation may not justify the initial investment costs. Family rental This property is not ideal for family rental given its overpriced listing and mediocre condition rating of 65/100. Families typically seek value, and the high price point compared to the local amenities and neighborhood quality may deter potential long-term residents.
Low Economic Resilience: With an economic stability score of 40/100, the property may face significant vulnerability to market fluctuations and economic downturns, increasing the risk of financial instability for investors. Tenant Risk: A tenant stability score of 50/100 suggests potential inconsistencies in rental income due to a less secure tenant base, which could affect cash flow and return on investment.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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