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 apartment of 81 m² on the 4th floor, built in 1994, energy rating E. Located Carregado e Cadafais parish, Alenquer municipality, Lisbon district. Noteworthy Features: This apartment includes a storage space of 11 m² and is rented until January 2027, ensuring immediate rental income for investors.
The valuation. The asking price of €239,900 sits €9,614 (4.2%) above the fair value of €230,286. While not a bargain, it is reasonably aligned with the current market standards.
Fair value modelled at €241,948 from 5 comparable sales in the area. Asking €239,900 sits €2,048 (0.8%) below — the upside to fair value.
Asking €239,900 versus the praceta João Gonçalves Zarco area baseline of €226,036 (€2,791/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 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 €226,036, adjusted for condition and micro-location, gives a modelled fair value of €241,948 (€2,987/m²), a €2,048 (0.8%) gap versus the €239,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta João Gonçalves Zarco | Subject | €239,900 | €2,962 | — | 51 | 61 |
| rua Nuno Tristão | Active | €230,000 | €2,987 | 0.9% | 48 | 55 |
| Carregado e Cadafais · 3a7392 | Active | €200,000 | €2,564 | 13.4% | 60 | 52 |
| Carregado e Cadafais · a466fd | Active | €239,000 | €3,064 | 3.5% | 60 | 63 |
| Carregado e Cadafais · 4a44a6 | Active | €189,000 | €3,000 | 1.3% | 60 | 55 |
| Median comp | €215,000 | €2,994 | 1.1% | 60 | 55 |
Long-term rental The property offers a gross yield of 3.8%, which aligns with typical returns in semi-rural locations. Given the fair value is just 4.2% below the asking price, the long-term rental strategy is reasonable but does not present significant upside potential. Buy-and-hold With a fair value appraisal of €230,286, the current listing price indicates a modest gap, making it a stable option for a buy-and-hold strategy. Nevertheless, the property’s overall condition and neighbourhood scores suggest limited appreciation opportunities in the long term. Not ideal for short-term vacation rental Due to the property’s location and condition, it is likely to struggle to attract short-term vacation rental guests. The average neighbourhood score of 61 further indicates it may not be the preferred choice for such a market. Not ideal for luxury market This apartment’s fair value and condition suggest it does not cater to the luxury market segment. The 52/100 condition rating reinforces the notion that it lacks the high-end attributes desirable in luxury real estate.
Economic volatility risk The property's economic stability score of 50/100 indicates a significant risk of fluctuating market conditions that could adversely affect rental income.
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