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, 0-bathroom house of 238 m², energy rating E. Located Cela parish, Alcobaça municipality, Leiria district. Noteworthy Features: The property includes a fully equipped annex with a kitchen, perfect for hosting, and offers the potential for a private pool with existing well access.
The valuation. The asking price of €310,000 is significantly below the fair value of €819,849, indicating a potential investment opportunity with a difference of €509,849 (62.2%). This property is considered underpriced.
Fair value modelled at €465,127 from 5 comparable sales in the area. Asking €310,000 sits €155,127 (33.4%) below — the upside to fair value.
Asking €310,000 versus the Cela, Alcobaça, Leiria area baseline of €385,000 (€1,618/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 above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €385,000, adjusted for condition and micro-location, gives a modelled fair value of €465,127 (€1,954/m²), a €155,127 (33.4%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Cela · 0ac40e | Subject | €310,000 | €1,303 | — | 62 | 57 |
| Vimeiro · 76a97b | Active | €385,000 | €1,954 | 50.0% | 60 | 59 |
| Évora de Alcobaça · 2fcc0c | Active | €490,000 | €6,125 | 370.2% | 78 | 51 |
| Cela · a6d47e | Active | €359,000 | €3,177 | 143.9% | 80 | 55 |
| Cela · 0ac445 | Active | €225,000 | €1,500 | 15.2% | — | 48 |
| Median comp | €372,000 | €2,566 | 97.0% | 78 | 53 |
Long-term rental Given the fair value of €819,849, this property is priced at €310,000, representing a considerable opportunity with a 62.2% gap versus fair value. Although the gross yield is currently 0%, the property's potential for appreciation in value makes it a compelling candidate for long-term rental strategies. Buy-and-hold Acquiring this property for €310,000, significantly below its fair value, presents a unique chance for long-term investment in the Cela, Alcobaça area. Despite the moderate crime rate and average neighborhood rating, the potential for future appreciation in property value offsets these concerns, making it an attractive buy-and-hold opportunity.
Economic and Tenant Instability With both economic and tenant stability scores at 60/100, there is a heightened risk of fluctuating rental income and potential vacancies due to unstable market conditions and tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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