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 house of 90 m², built in 1973, energy rating G. Located on rua Manuel Francisco Clérigo, 8, São Martinho do Porto parish, Alcobaça municipality, Leiria district. This property offers a substantial 1,050m² lot with potential for constructing up to 15 apartments, highlighting a significant opportunity for investors looking for profitable developments.
The asking price of €600,000 significantly exceeds our assessed fair value of €125,000, indicating a medium level of confidence in this valuation. The asking price is above the fair value, representing a downside of €475,000, or 79.1% compared to the asking price.
The asking price is above the fair value. We built this property's fair value using a combination of two models: the Transaction model, which considers data from 358 recorded sales in Alcobaça, accounts for 60%, and the Adjusted asking-price model, based on current listings, accounts for the remaining 40%. We made conservative adjustments, reflecting costs for necessary repairs, resulting in a fair value of €125,000, which is 79.1% below the asking price of €600,000. Given this significant gap, the confidence level in this valuation is medium.
No specific strategy stands out for this property.
Negotiation room: Negotiation room: closed sales in this municipality typically settle about 11% below asking, suggesting an opening conversation near €533,010
Investors should consider that the asking price of €600,000 is significantly higher than the fair value of €125,000, indicating a substantial downside of 79.1%. Additionally, the property condition scores a moderate 55 out of 100, while the neighbourhood only scores 50, suggesting that location and upkeep may impact potential investment returns.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic and tenant stability scores are both 50/100, indicating a moderate risk for investment in unpredictable market conditions. Data quality risk The data quality findings are poor, with crucial information missing or conflicting, leading to uncertainty about the property's characteristics and value. Fair value certainty risk The fair value of €125,000 is assessed with medium confidence, suggesting that the true market value could differ due to unknown factors regarding micro-location transaction data.
Findings: 3
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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Models 3.4.3 (Data quality v3 · Valuation v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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