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 114 m², built in 1999, energy rating C. Located Marinha Grande parish, Marinha Grande municipality, Leiria district. This property features a spacious closed garage providing direct access to the apartment, enhancing both convenience and security for residents with vehicles.
The valuation. The property's asking price of €250,000 is €70,000 (38.9%) above the fair value of €180,000, indicating that it is overpriced. This mismatch suggests potential difficulty in achieving desired returns upon investment. Buy-to-flip angle. The buy-to-flip strategy involves renovating the apartment to enhance its appeal, potentially increasing resale value significantly in the moderate tourism market. A targeted upgrade could attract buyers seeking modern amenities and aesthetics. Buy-to-let angle. With an estimated gross yield of 4.1% at ~€854/month, this apartment offers a stable rental income over time. However, the mixed neighborhood rating may affect tenant demand and rental stability.
Fair value modelled at €180,000 from 5 comparable sales in the area. Asking €250,000 sits €70,000 (38.9%) above — overpriced versus fair value.
Asking €250,000 versus the Marinha Grande, Marinha Grande, Leiria area baseline of €153,262 (€1,344/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €153,262, adjusted for condition and micro-location, gives a modelled fair value of €180,000 (€1,579/m²), a €70,000 (38.9%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Marinha Grande · 38b553 | Subject | €250,000 | €2,193 | — | 72 | 45 |
| Marinha Grande · 1440f8 | Active | €315,000 | €2,333 | 6.4% | 85 | 42 |
| Marinha Grande · d053ac | Active | €150,000 | €1,579 | 28.0% | 62 | 52 |
| Marinha Grande · 5d6e03 | Active | €330,000 | €1,549 | 29.4% | — | 47 |
| Marinha Grande · 897e7a | Active | €150,000 | €1,136 | 48.2% | 40 | 47 |
| Median comp | €232,500 | €1,564 | 28.7% | 62 | 47 |
Long-term rental This property presents a gross yield of 4.1%, which is relatively low, especially taking into account its fair value being below the listing price. Additionally, the neighbourhood's rating of 45/100 indicates limited demand, making long-term rental less appealing given the potential for tenant instability. Value-add renovation While the property has a condition score of 66/100, suggesting some renovation potential, the significant price gap of 38.9% from fair value raises concerns about the return on investment. With an overpriced entry point, any improvements might not yield adequate market appreciation to justify the initial expenditure. Short-term vacation rental Given the moderate tourism in the mid-sized city, the potential for short-term stays could be limited, compounded by the property's overpriced listing. Moreover, the lack of amenities and the low neighbourhood score might result in difficulties attracting visitors, undermining the viability of this strategy.
Increased vacancy risk With both economic stability and tenant stability scores at just 40/100, there is a significant risk of high vacancy rates due to a potentially unstable rental market and unreliable tenants.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
