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 116 m², built in 2004, energy rating D. Located Nazaré parish, Nazaré municipality, Leiria district. Noteworthy Features: The living room includes a fireplace, enhancing comfort during colder months, while the kitchen's balcony offers additional light and ventilation for cooking activities.
The valuation. The asking price of €237,000 is significantly below fair value, which is €354,960, indicating that the property is subvalued by €117,960 (33.2%). Such a discrepancy positions it as an attractive investment opportunity.
Fair value modelled at €354,960 from 6 comparable sales in the area. Asking €237,000 sits €117,960 (33.2%) below — the upside to fair value.
Asking €237,000 versus the Nazaré, Nazaré, Leiria area baseline of €326,439 (€2,814/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €326,439, adjusted for condition and micro-location, gives a modelled fair value of €354,960 (€3,060/m²), a €117,960 (33.2%) gap versus the €237,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Nazaré · 5e62d4 | Subject | €237,000 | €2,043 | — | 68 | 62 |
| rua Leitão de Barros | Active | €330,000 | €2,102 | 2.9% | 70 | 53 |
| Nazaré · 5da22f | Active | €260,000 | €1,557 | 23.8% | 45 | 50 |
| Nazaré · 831124 | Active | €379,000 | €3,267 | 59.9% | 75 | 52 |
| Nazaré · a80908 | Active | €240,000 | €4,000 | 95.8% | — | 56 |
| Median comp | €295,000 | €2,685 | 31.4% | 70 | 53 |
Short-term vacation rental The property in Nazaré, listed at €237,000, presents a 33.2% gap compared to its fair value of €354,960, indicating it is underpriced for the market. With a robust gross yield of 4.8% and growing tourist demand, this strategy leverages the location effectively. Buy-and-hold Acquiring this 3-bed apartment for €237,000 allows for favorable long-term capital appreciation, given its fair value assessment of €354,960. The limited local employment diversity underscores the need for investing in properties catering to the tourism sector, enhancing potential returns over time. Family rental With its affordability at €237,000 relative to a fair value of €354,960, this apartment offers an attractive option for families seeking long-term accommodation in Nazaré. The neighborhood's decent score of 62/100 provides a reasonable quality of life, making it suitable for family tenants despite local economic constraints.
Economic vulnerability With an economic stability score of 60/100, there is potential risk due to fluctuations in the local economy that could negatively impact property value and tenant demand.
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