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. This ground-floor apartment offers convenient access to the pool and green areas, ideal for families looking for a tranquil environment near the beach.
The valuation. The asking price of €199,000 exceeds the fair value of €163,308 by €35,692 (17.9%). This property is considered overpriced and may deter potential buyers.
Fair value modelled at €163,308 from the area baseline, adjusted for condition and location. Asking €199,000 sits €35,692 (17.9%) 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 76/100 (Condition 72 · Materials 78 · Room dimensions 74). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 57/100 (Housing Market 50 · Amenities 55 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
estrada da Nazaré
Area baseline €158,100 + condition +€781 + location +€4,427 = modelled fair value of €163,308 (€1,633/m²), a €35,692 (17.9%) gap versus the €199,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada da Nazaré | Subject | €199,000 | €1,990 | — | 72 | 57 |
| estrada da Nazaré | Active | €199,000 | €1,990 | 0% | 73 | 54 |
| estrada da Nazaré | Active | €199,000 | €1,990 | 0% | 74 | 47 |
| estrada da Nazaré | Active | €199,000 | €1,990 | 0% | 74 | 59 |
| rua Comandante Alves | Active | €249,800 | €2,230 | 12.1% | 78 | 55 |
| Median comp | €199,000 | €1,990 | 0% | 74 | 55 |
Long-term rental This property presents a gross yield of 6.7%, but considering its fair value of €163,308, the listing price of €199,000 indicates it is overpriced by 17.9%. The combination of limited economic activity and a neighbourhood score of 57/100 suggests difficulties in attracting quality long-term tenants at this price point. Value-add renovation While renovations could potentially enhance the property and its appeal, the significant gap from fair value indicates that any upgrades would need to justify the current purchase price of €199,000. Given the condition rating of 76/100 and the overall market context, the return on investment may be too constrained in this overpriced environment. Family rental Although families are a potential tenant demographic, the property’s listing price reflects an overvaluation, which could hinder competitiveness in attracting this stable rental cohort. With a rural setting and limited amenities impacting its attractiveness, the elevated price could deter family renters looking for value in their next home.
Economic Vulnerability The economic stability score of 45/100 indicates a high risk of economic downturn, which could lead to decreased demand and unstable rental income.
