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, 3-bathroom house of 236 m², built in 2011, energy rating B. Located Famalicão parish, Nazaré municipality, Leiria district. This property features expansive terrace and balcony spaces that offer stunning views of the Atlantic Ocean, ideal for outdoor entertaining and relaxation.
The valuation. The asking price of €690,000 is significantly above the fair value of €515,278, resulting in an overpricing of €174,722 (33.9%). Such a premium suggests that potential buyers may need to negotiate extensively before proceeding.
Fair value modelled at €515,278 from 6 comparable sales in the area. Asking €690,000 sits €174,722 (33.9%) above — overpriced versus fair value.
Asking €690,000 versus the Famalicão, Nazaré, Leiria area baseline of €526,724 (€2,232/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €526,724, adjusted for condition and micro-location, gives a modelled fair value of €515,278 (€2,183/m²), a €174,722 (33.9%) gap versus the €690,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Famalicão · f10c4e | Subject | €690,000 | €2,924 | — | 75 | 63 |
| Famalicão · 831515 | Active | €348,000 | €2,189 | 25.1% | 72 | 59 |
| Famalicão · a80a65 | Active | €348,000 | €3,346 | 14.4% | 75 | 58 |
| Famalicão · a80526 | Active | €348,000 | €2,189 | 25.1% | 75 | 53 |
| Famalicão · 897e3c | Active | €159,000 | €2,178 | 25.5% | — | 55 |
| Median comp | €348,000 | €2,189 | 25.1% | 75 | 57 |
Long-term rental The property is priced at €690,000, which is 33.9% above its fair value of €515,278, making it overpriced. With a gross yield of only 1.9%, this investment does not present a compelling case for long-term rental profitability. Buy-and-hold Given the significant valuation gap, purchasing this property for a buy-and-hold strategy is not ideal as it is overpriced at €690,000 compared to the fair value of €515,278. The low yield of 1.9% further suggests that long-term appreciation may not compensate for the initial overvaluation. Not ideal for short-term vacation rental This property’s pricing at €690,000 indicates it is overpriced, undermining potential profitability in the short-term vacation rental market. The location in a rural area near Lisbon may limit demand for such rentals, especially given the other economic factors at play. Not ideal for luxury market With a listing price of €690,000, this property is overpriced relative to its fair value of €515,278, which may deter potential buyers in the luxury market segment. The moderate neighborhood rating of 63/100 indicates that the property lacks the characteristics often sought after in high-end investments.
Economic Sensitivity Risk The property is exposed to economic fluctuations due to its relatively low economic stability score of 65/100, which may affect tenant retention and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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