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 85 m² on the 2nd floor, built in 2020, energy rating B. Located Nazaré parish, Nazaré municipality, Leiria district. Noteworthy Features: The property includes a usable attic that can serve as an additional bedroom and a terrace perfect for outdoor relaxation, enhancing both functionality and leisure space.
The valuation. The asking price of €540,000 sits significantly above the fair value of €189,580, marking a difference of €350,420 or 184.8%. This property is clearly overpriced based on current market assessments.
Fair value modelled at €189,580 from 6 comparable sales in the area. Asking €540,000 sits €350,420 (184.8%) above — overpriced versus fair value.
Asking €540,000 versus the Nazaré, Nazaré, Leiria area baseline of €194,794 (€2,292/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €194,794, adjusted for condition and micro-location, gives a modelled fair value of €189,580 (€2,230/m²), a €350,420 (184.8%) gap versus the €540,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Nazaré · 38b7f2 | Subject | €540,000 | €6,353 | — | 85 | 49 |
| Nazaré · 1441a5 | Active | €465,000 | €2,853 | 55.1% | 70 | 53 |
| rua Comandante Alves | Active | €249,800 | €2,230 | 64.9% | 78 | 54 |
| Median comp | €357,400 | €2,542 | 60.0% | 74 | 54 |
Buy-and-hold The property in Nazaré is overpriced at €540,000, with a fair value of only €189,580, indicating a significant gap of 184.8%. With a low yield of 2.3% and a neighborhood rating of 49/100, it lacks the fundamental characteristics for long-term appreciation. Value-add renovation With the property overpriced by 184.8% compared to its fair value of €189,580, there is little room for renovation investments to yield a positive return. Additionally, the property's decent condition rating of 84/100 offers limited potential for significant value enhancement through renovations. Family rental The listing price of €540,000 is excessive, given the fair value assessment of €189,580, resulting in an unsustainable investment for family rental purposes. Furthermore, the neighborhood rating of 49/100 raises concerns about tenant desirability and long-term occupancy rates.
Weak Market Conditions The economic stability score of 40/100 indicates potential difficulties in the local economy, which may lead to reduced demand for rental properties and increased vacancy rates.
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