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 87 m², energy rating E. Located Turquel parish, Alcobaça municipality, Leiria district. Noteworthy Features: The property includes an attic and a garage, along with potential for constructing a second dwelling, enhancing its investment appeal in a central location. Location: Centrally located in Turquel, within walking distance to schools and shops.
The valuation. The asking price of €220,000 exceeds the fair value of €184,185 by €35,815 (19.4%). This indicates that the property is overpriced.
Fair value modelled at €184,185 from 6 comparable sales in the area. Asking €220,000 sits €35,815 (19.4%) above — overpriced versus fair value.
Asking €220,000 versus the Turquel, Alcobaça, Leiria area baseline of €204,608 (€2,352/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 43/100 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 €204,608, adjusted for condition and micro-location, gives a modelled fair value of €184,185 (€2,117/m²), a €35,815 (19.4%) gap versus the €220,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Turquel · a4672a | Subject | €220,000 | €2,529 | — | 40 | 45 |
| rua do Alecrim, 2 | Active | €105,000 | €2,100 | 17.0% | — | 58 |
| Aljubarrota · 38b7b9 | Active | €175,000 | €2,134 | 15.6% | 30 | 52 |
| rua Engenheiro Adelino Amaro da Costa, 79 | Active | €203,000 | €1,063 | 58.0% | 15 | 58 |
| Bárrio · 16254c | Active | €297,000 | €3,713 | 46.8% | 40 | 56 |
| Median comp | €189,000 | €2,117 | 16.3% | 30 | 57 |
Long-term rental This property, with a fair value of €184,185, is being offered at €220,000, indicating it is overpriced by 19.4%. The 0% gross yield coupled with a low condition rating (43/100) suggests that long-term rental potential is limited and may not attract quality tenants. Value-add renovation Despite the property being priced above its fair value, strategic renovations could potentially enhance its condition and improve its attractiveness in the market. However, the existing low condition score of 43/100 means significant investment may be required to unlock any value. Family rental Given the rural location and limited amenities, this property is not ideally poised to attract family rentals at the current listing price of €220,000. The combination of an unfavorable yield and a low neighborhood rating (45/100) suggests this investment may not generate desirable rental income for families.
High Economic Volatility With an economic stability score of 35/100, this property is at risk due to potential fluctuations in local economic conditions that may affect rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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