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 170 m², built in 1989, energy rating D. Located on rua das Fontes, 37, Alenquer (Santo Estévão e Triana) parish, Alenquer municipality, Lisbon district. Noteworthy Features: This property includes a spacious garden that offers ample potential for creating a leisure area complete with a pool and social space, enhancing outdoor living. Additional Context: In a tranquil area with excellent access to Lisbon, this independent T3 house boasts unobstructed views and a generous garage currently utilized as a workshop.
The valuation. The asking price of €397,000 is significantly below the fair value of €564,091, representing an undervaluation of €167,091 or 29.6%. This presents a compelling opportunity for investors looking for value.
Fair value modelled at €564,091 from 6 comparable sales in the area. Asking €397,000 sits €167,091 (29.6%) below — the upside to fair value.
Asking €397,000 versus the rua das Fontes, 37 area baseline of €513,853 (€3,023/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 is below the parish average, reducing 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 €513,853, adjusted for condition and micro-location, gives a modelled fair value of €564,091 (€3,318/m²), a €167,091 (29.6%) gap versus the €397,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Fontes, 37 | Subject | €397,000 | €2,335 | — | 65 | 61 |
| rua Mateus Carvalho, 1 | Active | €1,899,000 | €8,440 | 261.4% | — | 66 |
| rua José Falcão, 11 | Active | €820,000 | €5,467 | 134.1% | — | 64 |
| Alenquer (Santo Estévão e Triana) · 5da017 | Active | €420,000 | €3,000 | 28.5% | 76 | 65 |
| Alenquer (Santo Estévão e Triana) · ba5bed | Active | €640,000 | €3,636 | 55.7% | 72 | 60 |
| Median comp | €730,000 | €4,552 | 94.9% | 74 | 65 |
Long-term rental The property in Alenquer is poised for a solid long-term rental strategy, given its underpriced nature compared to the fair value, resulting in a significant potential upside. With a gross yield of 3.8%, investors can benefit from consistent cash flow while capitalizing on future appreciation. Family rental This 3-bed house is an ideal option for family rentals, especially since it is underpriced relative to its fair market value, presenting an opportunity to attract long-term tenants. The suburban location near Lisbon offers ample amenities and a family-friendly environment that enhances rental appeal. Buy-and-hold Investing in this property under a buy-and-hold strategy makes sense, as it is currently valued at a 29.6% discount compared to its fair value, allowing room for appreciation over time. Additionally, a gross rental yield of 3.8% supports steady income while the asset appreciates in value. Not ideal for student housing Given the suburban characteristics and neighborhood ratings, this property does not align well with the student housing market. The demographics and location do not provide the accessibility and lifestyle typically favored by students. Not ideal for short-term vacation rental The property’s semi-rural context is less conducive to short-term vacation rentals, which often thrive in more urban environments. This strategic misalignment may hamper occupancy rates and rental performance. Not ideal for luxury market This property does not cater to the luxury market due to its condition rating of 62/100 and moderate neighborhood quality. Investors seeking high-end clientele may find better opportunities in more affluent areas.
Economic Vulnerability The economic stability score of 55/100 indicates a heightened risk of localized economic downturns that could negatively impact 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
