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.
3-bedroom, 2-bathroom apartment of 124 m², built in 1989, energy rating D. Located on rua Madrid, 38, Santa Eufémia e Boa Vista parish, Leiria municipality, Leiria district. Noteworthy Features: The apartment offers a spacious living area with large windows that enhance natural light and a communal garden space perfect for relaxation in a serene setting.
The valuation. The asking price of €268,000 significantly exceeds the fair value of €168,349 by €99,651, or 59.2%. This property is considered overpriced given its current condition and local market dynamics.
Fair value modelled at €168,349 from 6 comparable sales in the area. Asking €268,000 sits €99,651 (59.2%) above — overpriced versus fair value.
rua Madrid, 38 area median of €247,628 (€1,997/m²) for a property of this size — the starting reference point before comparable sales are factored in.
6 comparable sales in the area adjust the estimate by -€79,279 versus the parish baseline.
Parish baseline €247,628 -€79,279 comparables adjustment = modelled fair value of €168,349 (€1,358/m²), a €99,651 (59.2%) gap versus the €268,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Madrid, 38 | Subject | €268,000 | €2,161 | — | 60 | 53 |
| Marinha Grande · d053ac | Active | €150,000 | €1,579 | 26.9% | 62 | 52 |
| avenida Cidade de Maringá S / N | Active | €165,000 | €1,684 | 22.1% | 65 | 55 |
| Marinha Grande · 897e7a | Active | €150,000 | €1,136 | 47.4% | 40 | 47 |
| Marrazes e Barosa · aff4cd | Active | €345,000 | €3,080 | 42.5% | — | 48 |
| Median comp | €157,500 | €1,632 | 24.5% | 62 | 50 |
Buy-and-hold The 3-bed apartment in Santa Eufémia e Boa Vista, Leiria, is overpriced at €268,000, significantly above its fair value of €168,349, representing a gap of 59.2%. With a gross yield of 0%, this property does not provide a solid foundation for long-term investment growth. Long-term rental Given the current valuation, this property is not a viable option for a long-term rental strategy, as its asking price far exceeds the fair value, making it overpriced at €268,000. A gross yield of 0% indicates that it will unlikely deliver any rental income or appreciation in the near future. Value-add renovation While the condition is rated at 62/100, suggesting potential for improvement, the apartment is still overpriced at €268,000 compared to the fair value of €168,349, with a 59.2% disparity. Investing in renovations could enhance property value, but the initial cost already exceeds the sensible investment threshold, limiting profitability. Not ideal for The property is not suited for a short-term vacation rental strategy, as it is overpriced at €268,000, thus limiting potential rental yields. Additionally, it does not meet the quality or appeal necessary for the luxury market or student housing due to its average conditions and neighborhood rating.
Weak Economic and Tenant Stability: The investment carries a risk due to both the economic stability and tenant stability scores being low at 55, indicating a potentially volatile market and uncertain tenant retention.
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