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 86 m², built in 1983, energy rating F. Located on travessa do Calhau, 24, Peniche parish, Peniche municipality, Leiria district. Noteworthy Features: The property includes two independent annexes, one with a kitchen and bathroom, providing flexible options for guest accommodation or rental opportunities. Exterior Appeal: The private outdoor space allows for creating modern leisure areas, such as a garden or barbecue zone.
The valuation. The asking price of €191,500 sits €13,253 (7.4%) above the fair value of €178,247, indicating that the property is currently valued at a fair price. Buy-to-flip angle. This property may be suitable for a resale strategy, enhancing its value through targeted renovations despite its dated finishes. Buy-to-let angle. With an estimated rental income of €894/month, this property offers a gross yield of 5.6%, making it an attractive option for long-term rental in the area.
Fair value modelled at €178,247 from 6 comparable sales in the area. Asking €191,500 sits €13,253 (7.4%) above — overpriced versus fair value.
Asking €191,500 versus the travessa do Calhau, 24 area baseline of €184,710 (€2,148/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 above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €184,710, adjusted for condition and micro-location, gives a modelled fair value of €178,247 (€2,073/m²), a €13,253 (7.4%) gap versus the €191,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa do Calhau, 24 | Subject | €191,500 | €2,227 | — | 36 | 57 |
| rua da Restauração, 6 | Active | €320,000 | €1,882 | 15.5% | 60 | 49 |
| Peniche · 2fcc63 | Active | €350,000 | €2,869 | 28.8% | 72 | 49 |
| Peniche · 78813c | Active | €295,000 | €4,214 | 89.3% | 68 | 56 |
| largo da Ilha de Peniche, 2 | Active | €525,000 | €2,263 | 1.6% | 65 | 59 |
| Median comp | €335,000 | €2,566 | 15.2% | 67 | 53 |
Long-term rental The property offers a gross yield of 5.6%, making it a reasonable option for long-term rental investors looking for stable cash flow. However, the fair valuation suggests it is priced accurately, which may limit immediate upside potential in rental returns. Family rental With a neighborhood score of 57/100, this property could appeal to families seeking long-term housing in a moderate economic area. Its fair market valuation indicates that while it may serve the family rental market well, investors should remain cautious regarding appreciation potential. Buy-and-hold As a buy-and-hold investment, this property presents a balanced scenario; it is not overpriced but also lacks significant room for appreciation given its fair value status. Investors might find that the modest condition score of 38/100 necessitates future improvements to ensure sustained value in the long run.
Economic and Tenant Instability Risk: With an economic stability score of 50/100 and a tenant stability score of 60/100, there is a significant risk of fluctuating rental income and potential vacancy issues due to underlying instability in both the local economy and tenant retention.
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