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 apartment of 80 m² on the 1st floor, built in 2001, energy rating C. Located on rua António Augusto Nascimento Lucas, Alenquer (Santo Estévão e Triana) parish, Alenquer municipality, Lisbon district. Property Features: This apartment features a cozy living room complete with a fireplace, adding charm and a welcoming atmosphere for gatherings during the colder months.
The valuation. The asking price of €269,000 is significantly above the fair value of €222,689, indicating the property is overpriced by €46,311, or 20.8%. This discrepancy suggests that potential buyers should approach with caution.
Fair value modelled at €222,689 from 6 comparable sales in the area. Asking €269,000 sits €46,311 (20.8%) above — overpriced versus fair value.
Asking €269,000 versus the rua António Augusto Nascimento Lucas area baseline of €180,231 (€2,253/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €180,231, adjusted for condition and micro-location, gives a modelled fair value of €222,689 (€2,784/m²), a €46,311 (20.8%) gap versus the €269,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua António Augusto Nascimento Lucas | Subject | €269,000 | €3,363 | — | 73 | 48 |
| Alenquer (Santo Estévão e Triana) · 15e3c6 | Active | €295,000 | €2,757 | 18.0% | 73 | 48 |
| Alenquer (Santo Estévão e Triana) · a8065c | Active | €295,000 | €7,564 | 125.0% | 72 | 52 |
| avenida Doutor Teófilo Carvalho dos Santos | Active | €260,000 | €3,467 | 3.1% | 73 | 64 |
| praceta d'El Rey | Active | €325,000 | €2,686 | 20.1% | 80 | 53 |
| Median comp | €295,000 | €3,112 | 7.4% | 73 | 53 |
Long-term rental The 2-bed apartment in Alenquer is overpriced at €269,000 compared to its fair value of €222,689, resulting in a significant gap of 20.8%. With a gross yield of only 3.6% and a neighbourhood rating of 48/100, this investment may struggle to attract reliable, long-term tenants in a rural area with limited amenities. Family rental This property is also overpriced for family rental purposes, given that families typically seek good school access and reasonable amenities, which this location lacks. Additionally, the 75/100 condition rating indicates maintenance issues may deter potential family tenants, further diminishing its rental appeal. Short-term vacation rental The apartment's pricing places it beyond an attractive entry point for short-term vacation rentals in a rural area like Alenquer. Lack of amenities and a neighbourhood score of 48/100 reduce the property's attractiveness to tourists seeking quality accommodations. Student housing This property is not suitable for student housing, as the rural location near Santarém does not align with the needs of students who typically prefer urban environments with closer access to educational institutions. Moreover, the property’s high price point is likely to deter any student group looking for affordable housing options. Luxury market The apartment does not fit within the luxury market, especially given its condition rating of 75/100 and a significant price that far exceeds its fair value. As there are minimal amenities and low tenant quality indicators in the neighbourhood, this property lacks the desirability factors needed to attract luxury clientele.
Economic Vulnerability With an economic stability score of 45/100, the property may face challenges related to local economic fluctuations, increasing the risk of vacancy or lower rental income.
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