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.
0-bedroom, 0-bathroom apartment_building of 282 m², built in 1951. Located on rua Professor Arlindo Varela, Valado dos Frades parish, Nazaré municipality, Leiria district. Noteworthy Features: This multifamily building benefits from ongoing renovations, showcasing fresh paint and flooring throughout, with essential fixtures yet to be installed, offering potential for customization.
The valuation. The asking price of €429,000 is significantly above the fair value of €237,871, translating to an overvaluation of €191,129, or 44.6%. This indicates that the property is overpriced in the current market conditions.
Fair value modelled at €216,353 from the area baseline, adjusted for condition and location. Asking €429,000 sits €212,647 (49.6%) above — overpriced versus fair value.
Asking €429,000 versus the rua Professor Arlindo Varela area baseline of €257,184 (€912/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 68 · Materials 62 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 51/100 (Housing Market 50 · Amenities 55 · Economic 45 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua Professor Arlindo Varela
Area baseline €257,184 + condition -€41,859 + location +€1,029 = modelled fair value of €216,353 (€767/m²), a €212,647 (49.6%) gap versus the €429,000 asking price.
Buy-and-hold This property, priced at €429,000, significantly exceeds its fair value of €237,871, indicating it is overpriced by 44.6%. With a gross yield of 0% and a neighborhood score of just 51/100, the buy-and-hold strategy would likely yield insufficient returns over time. Family rental The listing price of €429,000 is substantially higher than its fair value of €237,871, marking a clear overpricing of 44.6%. The property's condition rating of 66/100 suggests that it may not meet the quality expectations of family renters, further complicating potential rental success. Value-add renovation At €429,000, this property is overpriced against its fair value of €237,871, creating a gap of 44.6%. While renovations may enhance the property’s appeal and value, the current market dynamics and location challenges may limit the feasibility of a successful value-add strategy.
Economic Vulnerability With an economic stability score of 45/100, there is a significant risk of market fluctuations affecting property value and rental income stability.