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 130 m² on the 3rd floor. Located on rua do Brejomeiro, 242, Pataias e Martingança parish, Alcobaça municipality, Leiria district. Noteworthy Features: This apartment boasts a private terrace with a barbecue, ideal for outdoor entertaining, and panoramic views of the Candeeiros mountains which enhance its living experience.
The valuation. The asking price of €260,000 is significantly below the fair value of €304,708, indicating the property is underpriced by €44,708 (14.7%).
Fair value modelled at €304,708 from 6 comparable sales in the area. Asking €260,000 sits €44,708 (14.7%) below — the upside to fair value.
Asking €260,000 versus the rua do Brejomeiro, 242 area baseline of €251,637 (€1,936/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €251,637, adjusted for condition and micro-location, gives a modelled fair value of €304,708 (€2,344/m²), a €44,708 (14.7%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Brejomeiro, 242 | Subject | €260,000 | €2,000 | — | 70 | 47 |
| rua Alfredo Keil S / N | Active | €255,000 | €2,237 | 11.8% | 74 | 55 |
| rua Poeta Joaquim Rodrigues Rato, 24 | Active | €259,500 | €1,230 | 38.5% | 76 | 55 |
| rua da Vitória | Active | €135,000 | €3,649 | 82.4% | 78 | 51 |
| rua Pedra do Ouro, 1 | Active | €250,000 | €2,451 | 22.5% | 82 | 48 |
| Median comp | €252,500 | €2,344 | 17.2% | 77 | 53 |
Value-add renovation The property offers a potential opportunity for value-add renovations, with a fair value of €304,708 indicating that it is currently subvalued at €260,000. The condition rating of 73/100 suggests that targeted improvements could significantly enhance its market position and appeal. Long-term rental Given the low-density area with a crime risk reduction, this property could serve as a stable long-term rental; however, the 0% gross yield highlights the need for careful rent pricing. The neighborhood score of 47/100 indicates potential tenant quality challenges, which should be considered when assessing long-term rental viability.
High Economic Risk The property has a low economic stability score of 40/100, indicating potential challenges that could affect rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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