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.
2-bedroom, 1-bathroom apartment of 60 m². Located Nazaré parish, Nazaré municipality, Leiria district. Noteworthy Features: The apartment offers two street entrances, enhancing accessibility, and has received new window frames as part of external conservation works.
The valuation. The asking price of €240,000 is significantly above the fair value of €196,034, representing an excess of €43,966, or 22.4%. This conclusion marks the property as overpriced. Buy-to-flip angle. Given the current condition rating of 0/100, a buy-to-flip strategy may not be viable without substantial renovations to increase attractiveness and market value. Buy-to-let angle. A long-term rental strategy appears unpromising as the gross yield stands at 0%, indicating no immediate rental income potential in the current state of the property.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Nazaré · a80908 | Subject | €240,000 | €4,000 | — | — | 56 |
| Nazaré · 831124 | Active | €379,000 | €3,267 | 18.3% | 75 | 52 |
| Nazaré · 5da22f | Active | €260,000 | €1,557 | 61.1% | 45 | 50 |
| Nazaré · 38b7f2 | Active | €540,000 | €6,353 | 58.8% | 85 | 49 |
| Nazaré · a80818 | Active | €540,000 | €6,279 | 57.0% | 84 | 54 |
| Median comp | €459,500 | €4,773 | 19.3% | 80 | 51 |
Long-term rental Given the property's fair value is €196,034, the current listing price of €240,000 reflects a significant 22.4% gap, indicating that it is overpriced for the long-term rental market. Additionally, with a yield of 0% and a condition rating of 0/100, this property does not present a viable investment opportunity for long-term rentals. Family rental The property, priced at €240,000, is above its fair value of €196,034, indicating it is overpriced for family rental use. Moreover, the poor condition rating of 0/100 suggests that extensive repairs would be necessary, making it less appealing to potential family tenants and diminishing its rental prospects.
Economic Instability Risk The economic stability score of 50/100 indicates a potential risk of volatility in the local economy, which could affect rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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