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 267 m², built in 1951, energy rating F. Located Évora de Alcobaça parish, Alcobaça municipality, Leiria district. Noteworthy Features: The property boasts a converted attic with exposed wooden beams and a small private patio featuring a mature orange tree, enhancing both character and outdoor aesthetics.
The valuation. The asking price of €499,000 is significantly lower than the fair value of €615,209, representing an underpricing of €116,209 (18.9%). This presents a compelling opportunity for potential investors.
Fair value modelled at €615,209 from 6 comparable sales in the area. Asking €499,000 sits €116,209 (18.9%) below — the upside to fair value.
Asking €499,000 versus the Évora de Alcobaça, Alcobaça, Leiria area baseline of €438,815 (€1,644/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €438,815, adjusted for condition and micro-location, gives a modelled fair value of €615,209 (€2,304/m²), a €116,209 (18.9%) gap versus the €499,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Évora de Alcobaça · 2d8543 | Subject | €499,000 | €1,869 | — | 75 | 45 |
| Serro Ventoso · a809ea | Active | €169,500 | €3,139 | 68.0% | 85 | 48 |
| estrada de Nazaré, 3 | Active | €375,000 | €2,301 | 23.1% | 72 | 57 |
| São Martinho do Porto · 38b5c0 | Active | €375,000 | €3,233 | 73.0% | 72 | 53 |
| rua da Fábrica, 13 | Active | €260,000 | €1,576 | 15.7% | 65 | 49 |
| Median comp | €317,500 | €2,720 | 45.5% | 72 | 51 |
Buy-and-hold The property in Évora de Alcobaça is currently listed at €499,000, which presents an opportunity as it is 18.9% below the fair value of €615,209. With the housing market in a rural location and low crime rates, holding this investment long-term may yield favorable appreciation despite the neighborhood's limited urban amenities. Value-add renovation Acquiring this property offers potential for value-add renovations, given its condition rating of 80/100, and the significant gap between its listing price and fair market value. By investing in targeted improvements, there's room to enhance property value, which can align with the growing interest in rural living within Portugal.
High Economic Risk With an economic stability score of 35/100, the property faces significant financial instability, increasing the likelihood of tenant turnover and decreased rent collection.
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