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, 1-bathroom mix_use_building of 3408 m², energy rating G. Located on rua de Tomar, Leiria parish, Leiria municipality, Leiria district. Noteworthy Features: The property offers a substantial construction area for renovation, with the potential for a lucrative conversion into up to 60 residential units in a prime urban location near the historic center.
The valuation. The asking price of €1,950,000 surpasses the fair value of €1,248,572 by €701,428, reflecting a 36.0% overvaluation. This price indicates a substantial discrepancy from market expectations.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Tomar | Subject | €1,950,000 | €572 | — | — | 53 |
| Marrazes e Barosa · aff4cd | Active | €345,000 | €3,080 | 438.4% | — | 48 |
| Leiria · 52302c | Active | €1,500,000 | €1,348 | 135.5% | 62 | 49 |
| rua da Baquelite | Active | €400,000 | €667 | 16.5% | 45 | 44 |
| Leiria · 92445c | Active | €260,000 | €1,083 | 89.3% | 70 | 49 |
| Median comp | €372,500 | €1,216 | 112.4% | 62 | 49 |
Long-term rental While the property offers potential for long-term rental opportunities, the asking price of €1,950,000 is significantly above the fair value of €1,248,572, indicating it is overpriced by 36%. Additionally, the property’s condition rating of 0/100 suggests that substantial investment would be necessary to make it tenant-ready, further reducing its appeal in the long-term rental market. Buy-and-hold The buy-and-hold strategy appears less attractive for this property, given its fair value suggests a significant pricing gap of 36% as the current listing stands at €1,950,000. Furthermore, with a gross yield of 0% and a low neighborhood rating of 53/100, the prospect for appreciation over the long term seems limited under these conditions.
Tenant turnover risk With a tenant stability score of 55/100, there is an increased likelihood of tenant turnover, which could lead to vacancies and decreased rental income.
