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, 2-bathroom apartment of 165 m² on the 3rd floor, built in 2008, energy rating C. Located Alenquer (Santo Estévão e Triana) parish, Alenquer municipality, Lisbon district. Noteworthy Features: This apartment boasts proximity to recreational facilities like the pool and tennis court, enhancing its appeal as an ideal family-friendly living space in the Horta dos Vimes condominium.
The valuation. The asking price of €398,500 sits below the fair value of €463,686, indicating the property is underpriced by €65,186 or 14.1%. This presents an attractive opportunity for buyers.
Fair value modelled at €463,686 from 6 comparable sales in the area. Asking €398,500 sits €65,186 (14.1%) below — the upside to fair value.
Asking €398,500 versus the Alenquer (Santo Estévão e Triana), Alenquer, Lisbon area baseline of €374,437 (€2,269/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €374,437, adjusted for condition and micro-location, gives a modelled fair value of €463,686 (€2,810/m²), a €65,186 (14.1%) gap versus the €398,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alenquer (Santo Estévão e Triana) · 2fcc4c | Subject | €398,500 | €2,415 | — | 74 | 63 |
| Alenquer (Santo Estévão e Triana) · 5ed049 | Active | €385,000 | €2,810 | 16.4% | 70 | 56 |
| Alenquer (Santo Estévão e Triana) · a8065c | Active | €295,000 | €7,564 | 213.2% | 72 | 52 |
| rua das Nespereiras | Active | €349,000 | €2,441 | 1.1% | 76 | 54 |
| avenida Doutor Teófilo Carvalho dos Santos | Active | €274,000 | €2,946 | 22.0% | 72 | 51 |
| Median comp | €322,000 | €2,878 | 19.2% | 72 | 53 |
Long-term rental The property in Alenquer presents a compelling opportunity for long-term rental given its fair value of €463,686, which indicates a 14.1% gap relative to the listing price of €398,500. With a gross yield of 3.2% and a condition score of 76/100, it should attract steady interest from quality tenants in the moderate housing demand area. Buy-and-hold Investing in this 3-bed apartment as a buy-and-hold strategy is prudent, as the property is currently subvalued, allowing potential for asset appreciation over time. The neighborhood's moderate demand and reasonable condition support long-term investment prospects without significant immediate renovation pressures. Family rental As a family rental, this spacious 165m² apartment offers an ideal living space, and its fair market value suggests a sound investment for attracting families in need of housing. The local amenities and decent tenant quality further enhance its appeal in the family rental market, despite a neighbourhood rating of 63/100. Short-term vacation rental This property is not suitable for short-term vacation rental investments due to its current overpricing and the lack of tourist demand in the Centro region. The local economic conditions indicate a commuter-dependent area, which does not favor a short-term rental strategy effectively. Luxury market This 3-bed apartment is not positioned for the luxury market as its listing price is not competitive within that segment, making it overpriced compared to the fair value. Additionally, the property’s condition and neighborhood rating do not align with the expectations of luxury tenants. Student housing Investing in this property for student housing is not ideal, as the economic environment and housing market conditions suggest limited demand from the student demographic. Furthermore, its condition and the community's characteristics do not meet the specific needs typically seeking student accommodation.
Economic Vulnerability The economic stability score of 55 indicates a risk of potential market fluctuations that could impact rental income and property value.
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