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 house of 60 m², built in 1970. Located Benedita parish, Alcobaça municipality, Leiria district. The property features a certificate proving pre-1970 construction, allowing for a faster, bureaucracy-free sale, and is located at the end of a quiet cul-de-sac, enhancing privacy.
The valuation. The asking price of €120,000 exceeds the fair value of €99,500 by €20,500 (20.6%). This indicates the property is overpriced and may deter potential buyers looking for a fair-market investment. Buy-to-flip angle. A resale or wholesale strategy could hinge on cosmetic improvements and market timing, aiming to capture higher interest by modernizing dated finishes while capitalizing on the growing interest in rural areas. Buy-to-let angle. In the current condition, the rental income strategy appears unviable, yielding 0% as proper renovations and updates are necessary to attract tenants and provide competitive rental rates in the mixed-quality neighborhood.
Fair value modelled at €99,500 from 6 comparable sales in the area. Asking €120,000 sits €20,500 (20.6%) above — overpriced versus fair value.
Asking €120,000 versus the Benedita, Alcobaça, Leiria area baseline of €127,643 (€2,127/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 38/100 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 €127,643, adjusted for condition and micro-location, gives a modelled fair value of €99,500 (€1,658/m²), a €20,500 (20.6%) gap versus the €120,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Benedita · c179cc | Subject | €120,000 | €2,000 | — | 34 | 47 |
| Benedita · 5e6106 | Active | €429,000 | €2,860 | 43.0% | — | 48 |
| autoestrada A8, 25 | Active | €199,500 | €1,583 | 20.8% | 20 | 49 |
| Benedita · 57fac7 | Active | €325,000 | €1,667 | 16.7% | 65 | 48 |
| Benedita · 5da27b | Active | €199,500 | €679 | 66.1% | 18 | 52 |
| Median comp | €262,250 | €1,625 | 18.7% | 20 | 49 |
Long-term rental This property, although listed at €120,000, is overpriced compared to its fair value of €99,500, indicating a significant gap of 20.6%. With a gross yield of 0% and a low condition score of 38/100, the potential for long-term rental income appears minimal in this rural central Portugal location. Buy-and-hold With the current listing price exceeding fair value by €20,500, this house does not represent a prudent buy-and-hold investment opportunity. The low neighborhood score of 47/100 and dismal condition rating suggest it would require considerable investment over time without the expectation of appreciation in a primarily agricultural economy.
Economic Fluctuation Risk The low economic stability score of 40/100 suggests potential vulnerability to economic downturns, impacting rental income and property value.
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