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.
4-bedroom, 2-bathroom house of 307 m², energy rating F. Located Alcobaça e Vestiaria parish, Alcobaça municipality, Leiria district. Noteworthy Features: This property includes a commercially zoned ground floor, allowing for business opportunities directly in the historic heart of Alcobaça, steps from the iconic Alcobaça Monastery.
The valuation. The asking price of €375,000 is significantly below the fair value of €521,900, reflecting a difference of €146,900 (28.1%). This property is clearly underpriced given its potential. Buy-to-flip angle. A resale or wholesale strategy could capitalize on the existing condition, with targeted renovations to enhance appeal and market value. The basic finishes can be updated to attract buyers looking for a modern living space. Buy-to-let angle. Adopting a rental income strategy would yield a gross yield of 5%, projected to generate around €1,562 per month. This steady income stream can offset initial investment costs while improving property value over time.
Fair value modelled at €521,900 from 6 comparable sales in the area. Asking €375,000 sits €146,900 (28.1%) below — the upside to fair value.
Asking €375,000 versus the Alcobaça e Vestiaria, Alcobaça, Leiria area baseline of €579,838 (€1,889/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 44/100 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 €579,838, adjusted for condition and micro-location, gives a modelled fair value of €521,900 (€1,700/m²), a €146,900 (28.1%) gap versus the €375,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcobaça e Vestiaria · c839d7 | Subject | €375,000 | €1,221 | — | 40 | 52 |
| rua 11 de Novembro, 5 | Active | €340,000 | €1,700 | 39.2% | — | 57 |
| Alcobaça e Vestiaria · a6d4e9 | Active | €340,000 | €1,700 | 39.2% | — | 40 |
| rua de São Simão, 50D | Active | €240,000 | €1,791 | 46.6% | 62 | 53 |
| estrada nacional 8 S / N | Active | €265,000 | €766 | 37.3% | 15 | 49 |
| Median comp | €302,500 | €1,700 | 39.2% | 39 | 51 |
Long-term rental The property presents a compelling opportunity for long-term rental, showing a healthy yield of 5% gross against a fair value of €521,900, indicating it is currently underpriced. With a favorable gap of 28.1%, investors can expect stable cash flow while benefiting from property appreciation over time. Value-add renovation The house, rated 44/100 in condition, offers significant potential for value-add renovation, which could enhance its market position and rental yield. Upgrading the property could close the fair value gap, making it a promising investment for those who can increase its attractiveness in a semi-rural setting with basic amenities.
Economic and Tenant Instability The economic stability score of 45 and tenant stability score of 50 indicate a heightened risk of fluctuating incomes and potential vacancy, which could lead to reduced cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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