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 90 m², built in 1997. Located on rua do Picadeiro, Atouguia da Baleia parish, Peniche municipality, Leiria district. Noteworthy Features: This apartment includes two balconies providing additional outdoor space and a spacious storage room with a window, enhancing both functionality and comfort for residents.
The valuation. The asking price of €220,000 is significantly above the fair value of €184,294, resulting in an overvaluation of €35,706 (19.4%). This price position suggests that investors should approach with caution regarding potential long-term returns.
Fair value modelled at €184,294 from 6 comparable sales in the area. Asking €220,000 sits €35,706 (19.4%) above — overpriced versus fair value.
Asking €220,000 versus the rua do Picadeiro area baseline of €191,366 (€2,126/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €191,366, adjusted for condition and micro-location, gives a modelled fair value of €184,294 (€2,048/m²), a €35,706 (19.4%) gap versus the €220,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Picadeiro | Subject | €220,000 | €2,444 | — | 70 | 62 |
| rua São Bernardino de Sena, 3 | Active | €290,000 | €2,566 | 5.0% | 72 | 54 |
| Atouguia da Baleia · 162550 | Active | €260,000 | €2,131 | 12.8% | 72 | 56 |
| Atouguia da Baleia · ee887b | Active | €350,000 | €1,842 | 24.6% | 58 | 59 |
| beco Eduardo Pedro | Active | €497,000 | €1,854 | 24.1% | 65 | 64 |
| Median comp | €320,000 | €1,993 | 18.5% | 69 | 58 |
Long-term rental The 2-bed apartment in Atouguia da Baleia is currently overpriced at €220,000, which exceeds its fair value by 19.4%. With a gross yield of 5.1%, the investment may not provide optimal returns given the existing market conditions. Family rental Given the apartment's pricing, it is overpriced at €220,000 compared to the fair value of €184,294. While the property has potential due to its size, the current valuation may deter families seeking budget-friendly options in the area. Buy-and-hold At a listing price of €220,000, this property is overpriced by 19.4% relative to its fair value. Holding onto this apartment might not yield satisfactory long-term capital appreciation due to the unfavorable pricing situation and market dynamics.
Economic Vulnerability The property's economic stability score of 60/100 suggests potential challenges in the local economy that may impact rental income and property value.
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