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 house of 104 m², built in 2002, energy rating A. Located Famalicão parish, Nazaré municipality, Leiria district. Noteworthy Features: This townhouse boasts exclusive use of common land and is strategically located for easy access to both Nazaré and São Martinho do Porto beaches, enhancing outdoor recreational opportunities.
The valuation. The asking price of €348,000 is significantly above the fair value of €284,518, representing an overpricing of €63,482 (22.3%). This disparity suggests that buyers may not find this property appealing at its current asking price.
Fair value modelled at €284,518 from 6 comparable sales in the area. Asking €348,000 sits €63,482 (22.3%) above — overpriced versus fair value.
Asking €348,000 versus the Famalicão, Nazaré, Leiria area baseline of €318,728 (€3,065/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €318,728, adjusted for condition and micro-location, gives a modelled fair value of €284,518 (€2,736/m²), a €63,482 (22.3%) gap versus the €348,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Famalicão · a80a65 | Subject | €348,000 | €3,346 | — | 75 | 58 |
| rua Nicolau Breyner, 5 | Active | €499,000 | €3,752 | 12.1% | 85 | 59 |
| rua Professor Montenegro, 70 | Active | €650,000 | €3,283 | 1.9% | 78 | 53 |
| rua 31 de Janeiro, 7 | Active | €850,000 | €4,293 | 28.3% | 79 | 53 |
| Famalicão · 831515 | Active | €348,000 | €2,189 | 34.6% | 72 | 59 |
| Median comp | €574,500 | €3,518 | 5.1% | 79 | 56 |
Long-term rental The property's gross yield of 4.4% suggests that it may not attract enough stable tenants given the neighbourhood's score of 58/100. The current overpricing and moderate condition may hinder its appeal in the long-term rental market. Buy-and-hold With a fair value of €284,518 and a market listing price 22.3% higher, holding this asset may not lead to the expected appreciation in a transitional area. Investors should be cautious as the property's overpricing could limit long-term capital growth potential. Value-add renovation Although renovations could enhance the property's condition rated at 77/100, the current market price significantly above fair value raises concerns about achieving a profitable return on investment. The overpricing, combined with the neighbourhood’s lower amenities, suggests any renovation should be approached with clear financial projections to justify the initial expenditure. Not ideal for: Short-term vacation rental, Luxury market, Student housing
Economic Dependence Risk The economic stability score of 50/100 indicates a potential for adverse economic conditions that may lead to reduced rental income and lower tenant demand.
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