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 house of 114 m², built in 2000, energy rating D. Located on rua Pedro Alvares Cabral, 6, Amoreira parish, Óbidos municipality, Leiria district. Noteworthy Features: The property benefits from a traditional wood-burning fireplace and proximity to various leisure activities including golf, tennis, cycling, and water sports.
The valuation. The asking price of €490,000 sits significantly above the fair value of €332,738, indicating that it is overpriced by €157,262, or 47.3%. This disparity suggests a colder investment climate for immediate resale. Buy-to-flip angle. A buy-to-flip strategy would involve minor renovations to enhance appeal, aiming for a quicker sell at a higher price but currently hindered by the property's overall overpriced status. Buy-to-let angle. A buy-to-let strategy could yield a gross rental income of approximately €1,470 per month, translating to a gross yield of 3.6%, beneficial in the long term if the purchase price can be negotiated down.
Fair value modelled at €332,738 from 6 comparable sales in the area. Asking €490,000 sits €157,262 (47.3%) above — overpriced versus fair value.
Asking €490,000 versus the rua Pedro Alvares Cabral, 6 area baseline of €279,455 (€2,451/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €279,455, adjusted for condition and micro-location, gives a modelled fair value of €332,738 (€2,919/m²), a €157,262 (47.3%) gap versus the €490,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Pedro Alvares Cabral, 6 | Subject | €490,000 | €4,298 | — | 80 | 54 |
| rua Dona Catarina de Bragança, 34 | Active | €456,000 | €2,465 | 42.7% | 70 | 49 |
| Vau · a807fc | Active | €475,000 | €4,279 | 0.4% | 72 | 56 |
| rua Dona Dulce de Aragão, 8 | Active | €715,000 | €3,373 | 21.5% | 80 | 49 |
| Ferrel · a80a17 | Active | €130,000 | €2,167 | 49.6% | 60 | 59 |
| Median comp | €465,500 | €2,919 | 32.1% | 71 | 53 |
Long-term rental This property has a gross yield of only 3.6%, which is relatively low in the current market, indicating that it may not generate sufficient income for investors. Additionally, with a neighbourhood score of 54/100, the area may struggle to attract quality tenants, complicating long-term rental viability. Buy-and-hold Though buy-and-hold strategies typically benefit from long-term appreciation, this property is priced 47.3% above fair value, suggesting that potential gains may not materialize in the expected timeframe. Investors should be cautious, as the combination of low yield and high initial cost could hamper overall returns in the holding period. Value-add renovation Given the condition rating of 85/100, the need for significant renovations is not apparent, but the high listing price leaves little room for cost recovery through value enhancements. With fair value assessed at €332,738, the present pricing limits the investment appeal for those considering renovation strategies to create additional value.
Economic Vulnerability With an economic stability score of 45/100, there is a significant risk that local market downturns could adversely affect rental income and occupancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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