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 fully furnished modern kitchen and direct access to a variety of communal amenities like a tennis court and barbecue area, ideal for leisure activities. Distance from Beach: Just 700 meters from the sandy shores of São Martinho do Porto, perfect for beach lovers.
The valuation. The asking price of €199,000 is significantly above the fair value of €97,927, representing a 50.8% premium. Consequently, this property is categorized as overpriced.
Fair value modelled at €156,515 from the area baseline, adjusted for condition and location. Asking €199,000 sits €42,485 (21.3%) 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 75/100 (Condition 74 · Materials 76 · Room dimensions 74). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 47/100 (Housing Market 40 · Amenities 50 · Economic 40 · Tenant Quality 50). Softer demand indicators apply a discount to baseline. Full location report →
estrada da Nazaré
Area baseline €158,100 + condition +€313 + location -€1,897 = modelled fair value of €156,515 (€1,565/m²), a €42,485 (21.3%) gap versus the €199,000 asking price.
Long-term rental The property, listed at €199,000, is significantly overpriced compared to its fair value of €97,927, indicating a substantial gap of 50.8%. Additionally, the neighbourhood's low score of 47/100 suggests limited demand for long-term rentals, which may further challenge rental income stability. Family rental While the gross yield of 6.7% may initially seem attractive, the overpriced listing combined with a neighbourhood rating of 47/100 indicates that families may not find this property appealing. The agricultural influence and limited amenities suggest that this area may not attract sustained family interest, making it a risky investment for family rentals.
Low Economic Health Risk With an economic stability score of 40/100, the property is exposed to significant market volatility and downturns that could affect long-term investment returns.
