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, 1-bathroom country_house of 95 m², built in 1952, energy rating G. Located Cela parish, Alcobaça municipality, Leiria district. This property includes a 2,786m2 lot featuring a well providing year-round water access and several fruit trees, ideal for agricultural use or enhancing the rural landscape.
The valuation. The asking price of €120,000 is significantly below the fair value of €201,062, representing a discount of €81,062 (40.3%). This indicates the property is subpriced and presents an attractive opportunity for investors.
Fair value modelled at €201,062 from 6 comparable sales in the area. Asking €120,000 sits €81,062 (40.3%) below — the upside to fair value.
Asking €120,000 versus the Cela, Alcobaça, Leiria area baseline of €231,710 (€2,439/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 24/100 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 €231,710, adjusted for condition and micro-location, gives a modelled fair value of €201,062 (€2,116/m²), a €81,062 (40.3%) gap versus the €120,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Cela · 2d84d6 | Subject | €120,000 | €1,263 | — | 18 | 43 |
| rua Heróis do Ultramar, 31 | Active | €135,000 | €435 | 65.5% | — | 59 |
| Famalicão · 096fb1 | Active | €315,000 | €1,575 | 24.7% | 74 | 54 |
| rua da Galega | Active | €355,000 | €2,052 | 62.5% | 75 | 55 |
| Cela · a6d47e | Active | €359,000 | €3,177 | 151.5% | 80 | 55 |
| Median comp | €335,000 | €1,814 | 43.6% | 75 | 55 |
Long-term rental The property offers a strong gross yield of 11.7%, indicating a solid opportunity for generating consistent rental income over the long term. With a fair value estimated at €201,062, purchasing at €120,000 presents a compelling investment case, reflecting significant potential for appreciation. Buy-and-hold Investing in this property as a buy-and-hold strategy aligns well with its 40.3% gap from fair value, making it a promising candidate for long-term capital growth. Given the rural setting with some tourism, the property can benefit from future developments in the area, enhancing its overall value. Not ideal for luxury market The current condition rating of 24/100 and neighborhood score of 43/100 indicate that the property does not cater to luxury market demands. The lack of upscale amenities and infrastructure suggests that this investment may not attract high-end buyers. Not ideal for student housing Considering the typical small-town quality of local schools and limited advanced infrastructure, this property may not serve well as student housing. The rural location and lower tenant quality imply fewer opportunities for consistent occupancy from students seeking urban environments.
Economic Vulnerability Low economic stability score of 35/100 indicates a high risk of market fluctuations that could negatively impact property value and rental income.
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