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.
3-bedroom, 1-bathroom house of 72 m², built in 1982, energy rating E. Located Pataias e Martingança parish, Alcobaça municipality, Leiria district. Noteworthy Features: This property includes a complete barbecue area with kitchen and bathroom, as well as a water well that adds convenience and enhances outdoor living possibilities.
The valuation. The asking price of €489,000 significantly overshoots the fair value of €159,448 by €329,552 (206.7%), indicating the property is overpriced. This discrepancy makes it a less favorable investment option for buyers looking for value. Buy-to-flip angle. Given the current condition and aesthetic appeal, this property could potentially be flipped after significant renovations, although the high acquisition cost may limit profit margins. The resale strategy would require meticulous cost management to realize any substantial gain. Buy-to-let angle. With a gross yield of 0% and estimated rental income not covering costs, pursuing a buy-to-let strategy here may not yield positive cash flow. Long-term rental prospects could be affected by the mixed-quality neighborhood and limited employment opportunities.
Fair value modelled at €159,448 from 6 comparable sales in the area. Asking €489,000 sits €329,552 (206.7%) above — overpriced versus fair value.
Asking €489,000 versus the Pataias e Martingança, Alcobaça, Leiria area baseline of €116,152 (€1,613/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 is above the parish average, lifting 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 €116,152, adjusted for condition and micro-location, gives a modelled fair value of €159,448 (€2,215/m²), a €329,552 (206.7%) gap versus the €489,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Pataias e Martingança · e8360e | Subject | €489,000 | €6,792 | — | 75 | 49 |
| rua do Carreirinho, 2 | Active | €235,000 | €2,238 | 67.0% | 70 | 52 |
| Marinha Grande · 5e6497 | Active | €175,000 | €2,160 | 68.2% | — | 43 |
| rua de Angola | Active | €250,000 | €2,000 | 70.6% | 65 | 52 |
| Parceiros e Azoia · 8312ca | Active | €350,000 | €2,778 | 59.1% | 72 | 57 |
| Median comp | €242,500 | €2,199 | 67.6% | 70 | 52 |
Long-term rental The property is overpriced at €489,000 compared to the fair value of €159,448, leading to a distressing 206.7% gap versus fair value. With a gross yield of 0% and a neighbourhood rating of 49/100, it’s unlikely to attract reliable long-term tenants. Buy-and-hold Acquiring this property as a buy-and-hold investment may expose investors to significant risks due to its substantial overpricing relative to its fair value. Given the transitional nature of the location, characterized by limited economic options and a low tenant quality, it does not appear to offer a compelling hold strategy. Not ideal for Luxury market, Short-term vacation rental, Student housing
Economic Downturn Risk The economic stability score of 40/100 indicates a significant risk of economic downturn, which could negatively impact tenant demand and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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