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.
2-bedroom, 1-bathroom apartment of 100 m², built in 2008, energy rating D. Located on estrada da Nazaré, São Martinho do Porto parish, Alcobaça municipality, Leiria district. Noteworthy Features: This apartment includes a family-friendly children's playground and a versatile barbecue area, enhancing its appeal for communal gatherings and outdoor entertainment.
The valuation. The asking price of €199,000 exceeds the fair value of €166,604 by €32,396, representing a 16.3% premium. This indicates that the property is overpriced in the current market context.
Fair value modelled at €166,604 from the area baseline, adjusted for condition and location. Asking €199,000 sits €32,396 (16.3%) above — overpriced versus fair value.
Asking €199,000 versus the estrada da Nazaré area baseline of €158,100 (€1,581/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 59/100 (Housing Market 60 · Amenities 55 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
estrada da Nazaré
Area baseline €158,100 + condition +€2,812 + location +€5,692 = modelled fair value of €166,604 (€1,666/m²), a €32,396 (16.3%) gap versus the €199,000 asking price.
Long-term rental The property is currently overpriced by 16.3%, making it a less attractive option for long-term rental investments. With a gross yield of 6.7% in a rural area of central Portugal, the property may struggle to attract and retain quality tenants due to the average neighborhood rating of 59/100. Buy-and-hold Given its valuation gap and fair value of €166,604, the property represents a significant investment risk in a low-density rural area. Although it may appreciate over time, its current price of €199,000 suggests that holding this asset may not yield the expected returns in the long run due to its above-average pricing.
Economic Vulnerability With an economic stability score of 50/100, there is a significant risk of fluctuations in the local economy that could impact tenant demand and rental income.
