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 84 m², energy rating D. Located on travessa Garrett S / N, Peniche parish, Peniche municipality, Leiria district. Noteworthy Features: The apartment includes a closed balcony that can serve as additional storage or a functional kitchen support area, enhancing everyday practicality.
The valuation. The asking price of €230,000 sits below the fair value of €255,321, indicating a potential buying opportunity as it is underpriced by €25,321 (9.9%).
Fair value modelled at €255,321 from 6 comparable sales in the area. Asking €230,000 sits €25,321 (9.9%) below — the upside to fair value.
Asking €230,000 versus the travessa Garrett S / N area baseline of €235,651 (€2,805/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 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 €235,651, adjusted for condition and micro-location, gives a modelled fair value of €255,321 (€3,040/m²), a €25,321 (9.9%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa Garrett S / N | Subject | €230,000 | €2,738 | — | 64 | 58 |
| Peniche · a46725 | Active | €235,000 | €3,133 | 14.4% | 72 | 55 |
| Peniche · 16268d | Active | €200,000 | €3,279 | 19.7% | 70 | 51 |
| Peniche · a466a5 | Active | €220,000 | €2,933 | 7.1% | 65 | 54 |
| Peniche · ee8907 | Active | €380,000 | €2,946 | 7.6% | 70 | 48 |
| Median comp | €227,500 | €3,040 | 11.0% | 70 | 53 |
Buy-and-hold This 2-bed apartment in Peniche is currently priced at €230,000, which is attractive given that its fair value is €255,321, indicating it is subvalued by 9.9%. The stable yield of 3.5% gross, combined with a low crime rate, makes this property a sound buy-and-hold investment in a small town with decent amenities. Long-term rental With a fair value of €255,321 and a listing price of €230,000, this property presents an appealing long-term rental opportunity, reflecting a 9.9% valuation gap. The decent condition score of 64/100 suggests it requires minimal immediate repair, enhancing its attractiveness for long-term tenants. Family rental At a listing price of €230,000, this property is competently positioned below its fair value of €255,321, making it suitable for family rentals in a low-crime neighborhood. The spacious 84m² layout and acceptable neighborhood rating provide a well-rounded living environment ideal for families looking for a stable home. Not ideal for Short-term vacation rental, Luxury market, Student housing.
Economic and Tenant Instability Risk The scores of 60/100 for both economic and tenant stability indicate a moderate level of risk, suggesting potential fluctuations in rental income and occupancy rates that could impact returns significantly.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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