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, 2-bathroom house of 134 m², built in 2003, energy rating D. Located on rua de São Simão, 50D, Maiorga parish, Alcobaça municipality, Leiria district. Noteworthy Features: The property includes a cozy yard with a barbecue and wood oven, creating an inviting outdoor space ideal for entertaining family and friends. Potential: The spacious attic offers excellent opportunities for conversion into additional functional areas such as an office or extra bedrooms.
The valuation. The asking price of €240,000 is significantly below the fair value of €314,618, indicating it is underpriced by €74,618 (23.7%). This presents an attractive opportunity for investors seeking value in real estate transactions.
Fair value modelled at €314,618 from 6 comparable sales in the area. Asking €240,000 sits €74,618 (23.7%) below — the upside to fair value.
Asking €240,000 versus the rua de São Simão, 50D area baseline of €149,024 (€1,112/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 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 €149,024, adjusted for condition and micro-location, gives a modelled fair value of €314,618 (€2,348/m²), a €74,618 (23.7%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de São Simão, 50D | Subject | €240,000 | €1,791 | — | 62 | 53 |
| rua do Robotim S / N | Active | €230,000 | €2,473 | 38.1% | 72 | 43 |
| Coz, Alpedriz e Montes · 143f8f | Active | €319,000 | €2,398 | 33.9% | 68 | 55 |
| Coz, Alpedriz e Montes · a80860 | Active | €319,000 | €2,398 | 33.9% | — | 48 |
| Alcobaça e Vestiaria · a6d4e9 | Active | €340,000 | €1,700 | 5.1% | — | 40 |
| Median comp | €319,000 | €2,398 | 33.9% | 70 | 46 |
Long-term rental The property offers a gross yield of 2.7%, indicating steady cash flow potential for long-term tenants in a rural area. Despite its lower neighbourhood rating of 53/100, the 23.7% gap from fair value suggests an opportunity for stable investment as the property appreciates over time. Buy-and-hold With a fair value assessed at €314,618 compared to the listing price of €240,000, this property presents a solid buy-and-hold investment opportunity. The attractive gap against fair value and the potential for appreciation in a lower-density location supports a long-term growth strategy. Value-add renovation The current condition score of 60/100 indicates that there is room for improvements through strategic renovations, which can enhance property value and tenant appeal. By investing in upgrades, it is feasible to bridge the 23.7% gap to fair value while also attracting higher-quality tenants in a market with limited economic activity.
Economic Instability Risk The economic stability score of 50/100 indicates potential volatility in the local economy, which may impact tenant retention 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
