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.
4-bedroom, 2-bathroom house of 310 m², built in 1937. Located on rua Heróis do Ultramar, 31, Famalicão parish, Nazaré municipality, Leiria district. This property features a unique historical character with its original 1937 architectural details, offering potential for a visually stunning renovation in a vibrant village center.
The valuation. The asking price of €135,000 sits significantly below fair value of €223,892, indicating that it is underpriced by €88,892 (39.7%). This offers a compelling opportunity for potential investors.
Fair value modelled at €223,892 from 6 comparable sales in the area. Asking €135,000 sits €88,892 (39.7%) below — the upside to fair value.
Asking €135,000 versus the rua Heróis do Ultramar, 31 area baseline of €610,937 (€1,971/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 12/100 is below the parish average, reducing 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 €610,937, adjusted for condition and micro-location, gives a modelled fair value of €223,892 (€722/m²), a €88,892 (39.7%) gap versus the €135,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Heróis do Ultramar, 31 | Subject | €135,000 | €435 | — | — | 59 |
| Valado dos Frades · a80920 | Active | €110,000 | €550 | 26.3% | 15 | 48 |
| Maiorga · 897e4d | Active | €110,000 | €598 | 37.3% | — | 49 |
| estrada nacional 8 S / N | Active | €265,000 | €766 | 75.9% | 15 | 49 |
| Alvorninha · b784d1 | Active | €137,000 | €862 | 97.9% | 12 | 54 |
| Median comp | €123,500 | €682 | 56.6% | 15 | 49 |
Long-term rental This property in Famalicão offers a compelling long-term rental opportunity, with a gross yield of 11.2% indicating strong income potential. Given its 39.7% gap from fair value, investors can enter a market likely to appreciate while enjoying significant immediate returns. Family rental The spacious 4-bedroom configuration makes this property ideal for family rental, catering to stable local demographics who favor longer-term living arrangements. With its fair value substantially higher than the asking price, this property presents a favorable chance for family-oriented tenants seeking economical and spacious housing.
Economic Vulnerability With an economic stability score of 50/100, this property faces increased risk due to potential market fluctuations affecting income reliability and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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