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 140 m², built in 1977, energy rating E. Located Milagres parish, Leiria municipality, Leiria district. Noteworthy Features: This property includes a spacious basement and several outbuildings, offering potential for expansion or agricultural use on its 2000m² of flat land.
The valuation. The asking price of €250,000 sits €39,166 (18.6%) above the fair value of €210,834, indicating that the property is overpriced. This discrepancy suggests potential challenges in realizing a return on investment.
Fair value modelled at €210,834 from 6 comparable sales in the area. Asking €250,000 sits €39,166 (18.6%) above — overpriced versus fair value.
Asking €250,000 versus the Milagres, Leiria, Leiria area baseline of €246,133 (€1,758/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 52/100 is below the parish average, reducing 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 €246,133, adjusted for condition and micro-location, gives a modelled fair value of €210,834 (€1,506/m²), a €39,166 (18.6%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Milagres · 7ca882 | Subject | €250,000 | €1,786 | — | 50 | 56 |
| rua dos Pereiras, 10 | Active | €175,000 | €1,357 | 24.0% | 58 | 55 |
| Leiria · 57f98f | Active | €450,000 | €1,875 | 5.0% | 45 | 47 |
| Leiria · 5da1d1 | Active | €250,000 | €1,852 | 3.7% | 65 | 54 |
| rua Principal, 36 | Active | €284,999 | €1,462 | 18.2% | 58 | 48 |
| Median comp | €267,500 | €1,657 | 7.2% | 58 | 51 |
Long-term rental The property is unsuitable for long-term rental due to its 0% gross yield and the fact that comparable properties in the Milagres area offer better returns. With a fair value significantly lower than the listing price, this investment is unlikely to attract quality tenants consistently. Buy-and-hold Investing in this 4-bed house as a buy-and-hold strategy is questionable since the property is overpriced by 18.6% compared to its fair value. This strategy involves a long-term commitment, and the current market conditions and property condition hinder its potential for appreciation. Value-add renovation Pursuing a value-add renovation on this property may not yield the desired returns as it is already set at an inflated price relative to its fair value. The existing condition rating of 52/100 suggests that renovation costs could further deteriorate the economics of this investment, making it a risky venture in an economically constrained area.
Increased vacancy risk The economic stability score of 50 indicates a potentially unstable market, which, combined with a tenant stability score of 60, suggests a higher risk of vacancies affecting cash flow and profitability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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