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, 1-bathroom bungalow of 269 m², built in 1985, energy rating E. Located Benedita parish, Alcobaça municipality, Leiria district. Significant Potential: The large attic space offers opportunities for conversion into additional living areas or a home office, enhancing the property's value and functionality.
The valuation. The asking price of €290,000 is below the fair value of €493,167, with a difference of €203,167 (41.2%). This property is therefore considered underpriced.
Fair value modelled at €493,167 from 6 comparable sales in the area. Asking €290,000 sits €203,167 (41.2%) below — the upside to fair value.
Asking €290,000 versus the Benedita, Alcobaça, Leiria area baseline of €434,622 (€1,616/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 is below the parish average, reducing 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 €434,622, adjusted for condition and micro-location, gives a modelled fair value of €493,167 (€1,833/m²), a €203,167 (41.2%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Benedita · 51cf58 | Subject | €290,000 | €1,078 | — | 56 | 50 |
| Benedita · 57fac7 | Active | €325,000 | €1,667 | 54.6% | 65 | 48 |
| Benedita · a0cc4e | Active | €330,000 | €1,650 | 53.1% | 72 | 50 |
| Benedita · c179cc | Active | €120,000 | €2,000 | 85.5% | 34 | 47 |
| Benedita · 5e6106 | Active | €429,000 | €2,860 | 165.3% | — | 48 |
| Median comp | €327,500 | €1,834 | 70.1% | 65 | 48 |
Long-term rental The property offers a unique opportunity for long-term rental, given its listing price of €290,000 compared to a fair value of €493,167, suggesting a significant gap of 41.2%. Despite its low yield of 0% gross and average condition rating of 61/100, this underpriced bungalow has the potential to attract reliable tenants in a stable, rural area. Buy-and-hold Investing in this property as a buy-and-hold strategy is appealing due to its substantial valuation gap, making it subvalued at €290,000 relative to the fair value of €493,167. While the neighbourhood scores a moderate 50/100 and the condition is rated at 61/100, the price points to a favorable long-term appreciation opportunity.
Economic Vulnerability The low economic stability score of 45/100 indicates a heightened risk of market fluctuations that could negatively impact 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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