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, 3-bathroom house of 288 m², built in 2009, energy rating C. Located Monte Redondo e Carreira parish, Leiria municipality, Leiria district. Noteworthy Features: The property features a closed garage capable of accommodating up to 5 vehicles, enhancing its appeal for families with multiple cars or hobbyists. Additional Context: The home benefits from excellent solar exposure, ensuring bright, well-lit interior spaces throughout the day.
The valuation. The asking price of €285,000 is significantly above the fair value of €218,907, indicating the property is overpriced by €66,093, or 30.2% over fair market expectations. Buy-to-flip angle. For a successful flip, a targeted renovation could reposition the property, increasing its appeal and potential resale value, despite its current overpriced status. Buy-to-let angle. The potential for a buy-and-hold strategy is challenged by a gross yield of 0%, reflecting no current rental income, emphasizing the need for value-add renovations to achieve viability in rental income.
Fair value modelled at €218,907 from 6 comparable sales in the area. Asking €285,000 sits €66,093 (30.2%) above — overpriced versus fair value.
Asking €285,000 versus the Monte Redondo e Carreira, Leiria, Leiria area baseline of €335,009 (€1,163/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 52/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €335,009, adjusted for condition and micro-location, gives a modelled fair value of €218,907 (€760/m²), a €66,093 (30.2%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Monte Redondo e Carreira · 51b3ea | Subject | €285,000 | €990 | — | 55 | 54 |
| Monte Real e Carvide · 6c08ba | Active | €215,000 | €736 | 25.6% | 42 | 51 |
| Almagreira · 83176b | Active | €320,000 | €760 | 23.2% | 65 | 48 |
| Almagreira · 831660 | Active | €320,000 | €760 | 23.2% | — | 41 |
| rua da Escola | Active | €320,000 | €758 | 23.4% | 65 | 57 |
| Median comp | €320,000 | €759 | 23.3% | 65 | 50 |
Buy-and-hold This property is overpriced at €285,000 compared to a fair value of €218,907, resulting in a substantial gap of 30.2%. Additionally, with a poor yield of 0% gross and a neighborhood quality rating of 54/100, holding this asset would not generate significant returns over time. Long-term rental Given the fair value of this property is significantly lower than the listing price, acquiring it for long-term rental would not be advisable. With a gross yield of 0% and the property condition rated at only 52/100, expected rental income would be inadequate to justify the high initial investment. Value-add renovation Although a renovation could improve equity, the initial purchase price is inflated, with a fair value that indicates the property is overpriced by 30.2%. Investing in renovations might not yield a favorable return given the current poor conditions and neighborhood ratings, undermining the potential value creation strategy.
Economic Vulnerability: With an economic stability score of 50/100, there is a significant risk of economic downturn affecting tenant demand and rental income.
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