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, 2-bathroom apartment of 260 m² on the 2nd floor, built in 1997. Located on travessa do Bom Sucesso, 3, São Mamede parish, Batalha municipality, Leiria district. Noteworthy Features: The apartment features a spacious unfinished attic with raw concrete and exposed brick, offering potential for a personalized extension or additional living area.
The valuation. The asking price of €230,000 is significantly lower than the fair value of €391,658, indicating the property is subvalued by €161,658 (41.3%). This position offers a strong opportunity for potential buyers seeking immediate equity.
Fair value modelled at €391,658 from 6 comparable sales in the area. Asking €230,000 sits €161,658 (41.3%) below — the upside to fair value.
Asking €230,000 versus the travessa do Bom Sucesso, 3 area baseline of €359,795 (€1,384/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 is above the parish average, lifting 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 €359,795, adjusted for condition and micro-location, gives a modelled fair value of €391,658 (€1,506/m²), a €161,658 (41.3%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa do Bom Sucesso, 3 | Subject | €230,000 | €885 | — | 68 | 40 |
| Batalha · a0cc6b | Active | €238,000 | €1,535 | 73.6% | 70 | 49 |
| São Mamede · a6d4f6 | Active | €199,000 | €1,716 | 93.9% | 68 | 45 |
| Mira de Aire · 2d8215 | Active | €159,000 | €1,169 | 32.2% | 60 | 41 |
| Porto De Mós / São João Baptista e São Pedro · 097039 | Active | €195,000 | €1,477 | 67.0% | 65 | 53 |
| Median comp | €197,000 | €1,506 | 70.2% | 67 | 47 |
Long-term rental The property in São Mamede, Batalha presents a compelling opportunity for long-term rental, given its substantial gap of 41.3% below fair value at €230,000 compared to the fair value of €391,658. This significant price discrepancy suggests strong potential for appreciation and stable rental income in the future, especially in a rural area known for lower crime rates. Buy-and-hold With an asking price of €230,000, which is considerably below its fair value of €391,658, this 3-bed apartment represents a solid buy-and-hold investment strategy. Holding the property in hopes of value appreciation aligns well with the current market conditions and the local economic profile. Not ideal for short-term vacation rental The property should be avoided for short-term vacation rental given the existing zero gross yield and the neighborhood's lower score of 40/100. The lack of amenities and limited tourist appeal in this rural area further diminishes the viability of this strategy. Not ideal for student housing Additionally, this apartment is not suited for student housing due to the limited educational options in the vicinity, reflected in the neighborhood's low score of 40/100. The overall tenant demographic in such areas is unlikely to support consistent demand for student accommodations.
Economic and Tenant Instability The low economic stability score of 40/100 combined with a tenant stability score of 45/100 indicates a significant risk of fluctuating rental income and potential vacancy challenges.
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