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, 1-bathroom house of 100 m², built in 1965, energy rating E. Located Alenquer (Santo Estévão e Triana) parish, Alenquer municipality, Lisbon district. Noteworthy Features: The property includes three independent annexes, presenting significant renovation potential to develop up to three additional homes, enhancing its overall investment appeal in Cheganças.
The valuation. The asking price of €450,000 is significantly above the fair value of €336,389, indicating a premium of €113,611 (33.8%). This property is overpriced and does not align with market expectations.
Fair value modelled at €336,389 from 6 comparable sales in the area. Asking €450,000 sits €113,611 (33.8%) above — overpriced versus fair value.
Asking €450,000 versus the Alenquer (Santo Estévão e Triana), Alenquer, Lisbon area baseline of €312,771 (€3,128/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €312,771, adjusted for condition and micro-location, gives a modelled fair value of €336,389 (€3,364/m²), a €113,611 (33.8%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alenquer (Santo Estévão e Triana) · ec1a95 | Subject | €450,000 | €4,500 | — | 68 | 49 |
| Alenquer (Santo Estévão e Triana) · 133b04 | Active | €270,000 | €3,176 | 29.4% | — | 58 |
| rua dos Barbadinhos, 4 | Active | €269,900 | €3,551 | 21.1% | 62 | 56 |
| Alenquer (Santo Estévão e Triana) · ba5bed | Active | €640,000 | €3,636 | 19.2% | 72 | 60 |
| Alenquer (Santo Estévão e Triana) · b7c367 | Active | €310,000 | €2,168 | 51.8% | 58 | 53 |
| Median comp | €290,000 | €3,364 | 25.3% | 62 | 57 |
Long-term rental The property’s gross yield of 1.9% suggests that the long-term rental market in Alenquer does not provide attractive returns compared to the purchase price of €450,000. Given the home's condition rating of 66 and the neighborhood rating of 49, tenant demand may be limited in this area, making long-term rental a less favorable strategy. Value-add renovation While the property has potential for value-add renovations, the current asking price of €450,000 significantly exceeds its fair value of €336,389, indicating that the scope for recovery may be constrained. The neighborhood's low rating of 49 suggests that even after investment, the property's value may not appreciate sufficiently to justify the renovation costs.
Economic Volatility Risk The property may face challenges due to its low economic stability score of 40/100, potentially leading to fluctuating rental income and increased vacancies.
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