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, 1-bathroom house of 98 m², energy rating F. Located Caranguejeira parish, Leiria municipality, Leiria district. Noteworthy Features: The property includes a detached garage that requires substantial repairs and an expansive 474m² lot, offering potential for landscaping or expansion opportunities.
The valuation. The asking price of €235,000 sits €6,358 (2.8%) above the fair value of €228,642. This property is considered to be fairly priced, providing a suitable entry point for potential investors.
Fair value modelled at €228,642 from 6 comparable sales in the area. Asking €235,000 sits €6,358 (2.8%) above — overpriced versus fair value.
Asking €235,000 versus the Caranguejeira, Leiria, Leiria area baseline of €177,768 (€1,814/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 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 €177,768, adjusted for condition and micro-location, gives a modelled fair value of €228,642 (€2,333/m²), a €6,358 (2.8%) gap versus the €235,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Caranguejeira · 2cdaed | Subject | €235,000 | €2,398 | — | 52 | 58 |
| Santiago e São Simão de Litém e Albergaria dos Doze · 53cdb1 | Active | €230,000 | €2,875 | 19.9% | 60 | 59 |
| Arrabal · 5da246 | Active | €272,000 | €2,542 | 6.0% | 70 | 59 |
| Reguengo do Fetal · 3a7326 | Active | €299,500 | €2,124 | 11.4% | — | 49 |
| rua Albergaria dos Doze | Active | €230,000 | €1,278 | 46.7% | 60 | 49 |
| Median comp | €251,000 | €2,333 | 2.7% | 60 | 54 |
Long-term rental The property is positioned in a smaller town in central Portugal, with a fair value indicating it is priced appropriately at €235,000, which reflects potential for steady long-term rental yields of 2.7%. However, the moderate condition score of 57 out of 100 and a neighborhood score of 58 out of 100 highlight that while it can attract tenants, appreciation may be limited in the near term. Value-add renovation With a current condition rating of 57/100, investing in value-add renovations could enhance the property's appeal and performance, despite its current fair market valuation of €235,000. The potential improvement in both rental yield and property value could justify further investments, although it is important to factor in the neighborhood's average conditions and economic factors that might affect the return on investment. Not ideal for short-term vacation rental Given the property’s fair valuation and location in a smaller town, it is not anticipated to perform well in the short-term vacation rental market, where demand might be insufficient to justify the investment. The local economy and neighborhood dynamics suggest that long-term stays are more viable, making this type of rental strategy not advisable. Not ideal for luxury market The property’s pricing and scores indicate that it does not align with the luxury market expectations, which typically requires premium features and location. As such, pursuing a strategy in this segment would likely be unsuccessful, given the fair valuation and the average characteristics of the neighborhood.
Economic Volatility Risk The economic stability score of 55/100 indicates potential fluctuations in market conditions that could adversely 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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