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 house of 260 m², energy rating B. Located Monte Real e Carvide parish, Leiria municipality, Leiria district. Remarkable feature: The property boasts a large ground floor space with two versatile rooms that can be customized for various uses like a garage or home office, enhancing its functional appeal. Condition notes: Currently undergoing extensive renovation, with visible construction stages and incomplete interior work diminishing immediate move-in readiness.
The valuation. The asking price of €315,000 is significantly below the fair value of €408,442, representing a discount of €93,442 (22.9%). This indicates that the property is underpriced and presents a compelling investment opportunity.
Fair value modelled at €252,390 from 5 comparable sales in the area. Asking €315,000 sits €62,610 (24.8%) above — overpriced versus fair value.
Asking €315,000 versus the Monte Real e Carvide, Leiria, Leiria area baseline of €384,189 (€1,478/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 49/100 is below the parish average, reducing 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 €384,189, adjusted for condition and micro-location, gives a modelled fair value of €252,390 (€971/m²), a €62,610 (24.8%) gap versus the €315,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Monte Real e Carvide · 0aceb0 | Subject | €315,000 | €1,212 | — | 45 | 46 |
| Monte Real e Carvide · 6c08ba | Active | €215,000 | €736 | 39.2% | 42 | 51 |
| rua de Leiria, 82 | Active | €140,000 | €1,750 | 44.4% | 40 | 59 |
| Monte Real e Carvide · 3340c5 | Active | €385,000 | €941 | 22.3% | 58 | — |
| Souto da Carpalhosa e Ortigosa · 5da107 | Active | €386,000 | €1,414 | 16.7% | 75 | 49 |
| Median comp | €300,000 | €1,178 | 2.8% | 50 | 51 |
Long-term rental This property offers a significant price gap of 22.9% below its fair value of €408,442, making it an attractive long-term rental option in a rural central Portugal setting. While the yield is currently 0%, the investment could appreciate over time as the local market stabilizes and improves. Buy-and-hold Considering its underpriced status, this property provides an opportunity for capital appreciation in the long term, given its fair value of €408,442. Despite its lower condition and neighbourhood ratings, the potential for growth in asset value makes this a solid buy-and-hold strategy in a developing area. Not ideal for This property is not suited for short-term vacation rentals due to the rural location and amenities, which may deter tourists. Additionally, the housing condition and overall neighbourhood score make it less favorable for luxury market investments or student housing scenarios.
Economic volatility risk The economic stability score of 35/100 indicates a high likelihood of fluctuating market conditions, which may impact tenant retention and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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