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 120 m² on the 1st floor, energy rating D. Located on praceta Pedro Álvares Cabral, 59A, Carregado e Cadafais parish, Alenquer municipality, Lisbon district. Noteworthy Features: This apartment boasts a generous private terrace of +/- 150 m², perfect for outdoor entertaining, along with two dedicated storage rooms that enhance functional living space.
The valuation. The asking price of €360,000 is significantly above the fair value of €296,697, exceeding it by €63,303, or 21.3%. This property is therefore considered overpriced.
Fair value modelled at €296,697 from 6 comparable sales in the area. Asking €360,000 sits €63,303 (21.3%) above — overpriced versus fair value.
Asking €360,000 versus the praceta Pedro Álvares Cabral, 59A area baseline of €226,726 (€1,889/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €226,726, adjusted for condition and micro-location, gives a modelled fair value of €296,697 (€2,472/m²), a €63,303 (21.3%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Pedro Álvares Cabral, 59A | Subject | €360,000 | €3,000 | — | 78 | 51 |
| Carregado e Cadafais · 5b88bb | Active | €285,000 | €2,714 | 9.5% | 72 | 55 |
| avenida Cabo da Boa Esperança | Active | €253,700 | €2,416 | 19.5% | 70 | 46 |
| Carregado e Cadafais · a8ecee | Active | €350,000 | €2,482 | 17.3% | 70 | 52 |
| Carregado e Cadafais · 7880c8 | Active | €315,000 | €2,461 | 18.0% | 75 | 68 |
| Median comp | €300,000 | €2,472 | 17.6% | 71 | 54 |
Long-term rental Given that the property is priced at €360,000, which is 21.3% above its fair value of €296,697, it presents a challenging long-term rental opportunity. With a gross yield of only 3.3% and a neighborhood score of 51/100, potential returns may not justify the investment. Buy-and-hold At a listing price significantly exceeding its fair value, this property may struggle to appreciate in value over time, making it less appealing for a buy-and-hold strategy. The modest yield of 3.3% further indicates that it may not meet investor return expectations in a rural setting with a limited economic base. Family rental While the apartment could serve as a family rental, its price of €360,000 is considerable compared to its fair value, suggesting limited room for growth. The moderately low neighborhood score of 51/100 reinforces concerns about long-term demand and quality of life in the area.
Economic vulnerability With an economic stability score of 50/100, the property is at risk of economic downturns, which may lead to decreased rental income or vacancy issues.
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