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, 1-bathroom house of 155 m², energy rating E. Located on rua do Poço Novo, Serra d'El-Rei parish, Peniche municipality, Leiria district. Noteworthy Features: This property benefits from a central location with easy access to local amenities and is just a short drive from Peniche's renowned beaches. Condition: Requires minor cosmetic updates but has essential plumbing and electrical renovations completed.
The valuation. The asking price of €318,000 is significantly above the fair value of €192,432, resulting in an overvaluation of €125,568, or 65.3%. This property is overpriced for its current market conditions. Buy-to-flip angle. A buy-to-flip strategy would require substantial renovations to upgrade the standard quality materials and finishes to attract buyers, which may be challenging given the asking price relative to fair value. Buy-to-let angle. The estimated rental income of €1,139 per month provides a gross yield of 4.3%, appealing for those considering a long-term rental strategy, though the rural location may limit tenant demand.
Fair value modelled at €192,432 from 6 comparable sales in the area. Asking €318,000 sits €125,568 (65.3%) above — overpriced versus fair value.
rua do Poço Novo area median of €325,655 (€2,101/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 -€133,223 versus the parish baseline.
Parish baseline €325,655 -€133,223 comparables adjustment = modelled fair value of €192,432 (€1,241/m²), a €125,568 (65.3%) gap versus the €318,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Poço Novo | Subject | €318,000 | €2,052 | — | 60 | 57 |
| rua Frei João da Santíssima Trindade S / N | Active | €275,000 | €1,964 | 4.3% | 60 | 55 |
| Miragaia e Marteleira · 875168 | Active | €408,000 | €1,943 | 5.3% | 65 | 53 |
| Lourinhã e Atalaia · d1dce0 | Active | €365,000 | €1,241 | 39.5% | 55 | 54 |
| Lourinhã e Atalaia · ade5f0 | Active | €365,000 | €1,241 | 39.5% | 61 | 56 |
| Median comp | €365,000 | €1,592 | 22.4% | 61 | 55 |
Long-term rental The property in Serra d'El-Rei, priced at €318,000, is significantly overpriced with a fair value of only €192,432, resulting in a 65.3% gap. With a gross yield of 4.3% and a condition rating of 55/100, this investment is likely to underperform in the long run when compared to more realistically priced alternatives. Buy-and-hold Buying this property at €318,000 represents a poor long-term investment strategy as it is overpriced against its fair valuation of €192,432. The combination of a low gross yield of 4.3% and suboptimal property condition suggests that holding onto this asset will not generate favorable returns over time.
Economic vulnerability The property faces economic vulnerability with a low economic stability score of 45/100, indicating potential instability in surrounding market conditions that could affect 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
