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, 2-bathroom apartment of 99 m² on the 2nd floor, built in 2023, energy rating E. Located on avenida da Praia S / N, Atouguia da Baleia parish, Peniche municipality, Leiria district. Noteworthy Features: The apartment includes a versatile room suitable for conversion into a third bedroom or office, and boasts dual balconies that enhance natural light and outdoor access.
The valuation. The asking price of €298,000 is significantly above the fair value of €229,659, indicating that the property is overpriced by €68,341 or 29.8%. This financial discrepancy suggests caution for potential buyers. Buy-to-flip angle. A resale strategy could be pursued by updating the apartment’s finishings, addressing average quality materials, and leveraging the location to attract short-term buyers. Targeting a higher market price may result in profitable returns if executed effectively. Buy-to-let angle. Implementing a buy-to-let strategy could yield a gross rental income of approximately €944 per month, equating to a gross yield of 3.8%. Given the limited demand in the rural area, consistent tenancy may pose some challenges.
Fair value modelled at €229,659 from 6 comparable sales in the area. Asking €298,000 sits €68,341 (29.8%) above — overpriced versus fair value.
Asking €298,000 versus the avenida da Praia S / N area baseline of €248,619 (€2,511/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €248,619, adjusted for condition and micro-location, gives a modelled fair value of €229,659 (€2,320/m²), a €68,341 (29.8%) gap versus the €298,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida da Praia S / N | Subject | €298,000 | €3,010 | — | 62 | 52 |
| rua do Picadeiro | Active | €220,000 | €2,444 | 18.8% | 70 | 62 |
| travessa do Adro, 5 | Active | €262,000 | €5,038 | 67.4% | 72 | 55 |
| rua São Bernardino de Sena, 3 | Active | €290,000 | €2,566 | 14.7% | 72 | 54 |
| Atouguia da Baleia · a809fc | Active | €180,000 | €2,195 | 27.1% | 35 | 55 |
| Median comp | €241,000 | €2,505 | 16.8% | 71 | 55 |
Long-term rental This property, listed at €298,000, exceeds its fair value of €229,659 by 29.8%, indicating that it is overpriced and may not yield a sound return on investment. Given its gross yield of 3.8% and an unfavorable neighborhood score of 52/100, the long-term rental strategy appears unlikely to meet financial expectations. Buy-and-hold The current pricing at €298,000, which is 29.8% above the fair value of €229,659, suggests that this investment is overpriced and may not appreciate as anticipated over time. Coupled with its lower condition rating of 63/100, the buy-and-hold strategy may expose investors to unnecessary risks without adequate rewards. Family rental With a fair value of €229,659 and a listing price that is 29.8% higher, this property is clearly overpriced, which could deter potential family renters looking for value. Furthermore, the rural setting and a neighborhood score of 52/100 may limit its attractiveness as a family rental option, reducing potential rental income.
Economic Vulnerability The property faces economic risk due to a low economic stability score of 45/100, which may result in fluctuations in rental income and tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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