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, 3-bathroom mix_use_building of 260 m², built in 1990, energy rating C. Located on rua da Fonte Velha, 13, Nazaré parish, Nazaré municipality, Leiria district. This property includes two charming outdoor patios and offers unparalleled ocean views from two of the apartments, making it an ideal candidate for high-end tourist accommodations.
The valuation. The asking price of €400,000 significantly exceeds the fair value of €112,264, placing it at €287,736 (71.9%) over market expectations. This property is categorized as overpriced based on thorough market analysis.
Fair value modelled at €112,264 from the area baseline, adjusted for condition and location. Asking €400,000 sits €287,736 (71.9%) above — overpriced versus fair value.
Asking €400,000 versus the rua da Fonte Velha, 13 area baseline of €237,120 (€912/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 45/100 (Condition 45 · Materials 50 · Room dimensions 44). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 46/100 (Housing Market 40 · Amenities 60 · Economic 40 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
rua da Fonte Velha, 13
Area baseline €237,120 + condition -€121,062 + location -€3,794 = modelled fair value of €112,264 (€432/m²), a €287,736 (71.9%) gap versus the €400,000 asking price.
Long-term rental The property is overpriced at €400,000, with a fair value of only €112,264, indicating a substantial gap of 71.9%. Given the low yield of 0% and the mediocre condition and neighborhood ratings, this investment would unlikely achieve desirable returns in a long-term rental strategy. Buy-and-hold With a current listing of €400,000 against a fair value of €112,264, the property is clearly overpriced by 71.9%. The poor condition and low neighborhood rating further diminish its appeal for a buy-and-hold investment, as appreciation potential is significantly limited in this scenario.
High Tenant Turnover Risk The property faces a significant risk of tenant turnover due to its low tenant stability score of 50/100, combined with an economic stability score of only 40/100, which may affect rental income consistency and property value.
