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, 4-bathroom apartment of 133 m², built in 2001, energy rating E. Located Alenquer (Santo Estévão e Triana) parish, Alenquer municipality, Lisbon district. Noteworthy Features: This apartment includes central music distribution in all rooms and an integrated alarm system with gas and smoke sensors for enhanced safety and comfort.
The valuation. The asking price of €389,000 is significantly above fair value at €335,854, indicating an overvaluation of €53,146 (15.8%). This property is not a value opportunity for investors. Buy-to-flip angle. A resale strategy could be viable with minor renovations aiming at updating dated elements, but the current asking price may limit potential profits. Buy-to-let angle. The estimated gross yield is 0%, indicating no rental income and a need for value-add renovations to justify the investment in a mixed neighborhood with some rural characteristics.
Fair value modelled at €335,854 from 6 comparable sales in the area. Asking €389,000 sits €53,146 (15.8%) above — overpriced versus fair value.
Asking €389,000 versus the Alenquer (Santo Estévão e Triana), Alenquer, Lisbon area baseline of €276,018 (€2,075/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 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 €276,018, adjusted for condition and micro-location, gives a modelled fair value of €335,854 (€2,525/m²), a €53,146 (15.8%) gap versus the €389,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alenquer (Santo Estévão e Triana) · 53ce95 | Subject | €389,000 | €2,925 | — | 68 | 53 |
| largo Rainha Santa Isabel S / N | Active | €310,000 | €2,627 | 10.2% | — | 56 |
| avenida Doutor Teófilo Carvalho dos Santos | Active | €260,000 | €3,467 | 18.5% | 73 | 64 |
| Alenquer (Santo Estévão e Triana) · cfe279 | Active | €485,000 | €2,343 | 19.9% | 75 | 47 |
| Alenquer (Santo Estévão e Triana) · 86cd7c | Active | €395,000 | €2,423 | 17.1% | 80 | 61 |
| Median comp | €352,500 | €2,525 | 13.7% | 75 | 59 |
Long-term rental The property is positioned in a rural area of Alenquer, leading to a lack of demand that does not justify the current listing price of €389,000, which is 15.8% above its fair value. With a gross yield of 0% and a neighbourhood rating of 53/100, this investment is unlikely to provide adequate returns for long-term rental. Value-add renovation Although the apartment's condition is rated 71/100, the significant price gap from the fair value indicates that any potential appreciation post-renovation may not compensate for the initial overpricing. The local economic and housing market dynamics suggest that investment in renovations will face challenges in achieving profitability, given the property's overpriced nature. Not ideal for Given the location's rural context and the property being overpriced, it is not suitable for the luxury market, potential student housing, or short-term vacation rentals, all of which require a more urban setting with better demand. Investing in this property under current market conditions, especially for those targeted segments, is likely to yield disappointing results.
Economic and Tenant Instability The property may face significant financial risk due to both economic and tenant stability scores of only 50/100, indicating potential challenges in maintaining occupancy and rental income.
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