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, 2-bathroom apartment of 137 m² on the 2nd floor, built in 2005, energy rating C. Located Parceiros e Azoia parish, Leiria municipality, Leiria district. Unique Feature: The apartment boasts a wrap-around balcony providing versatile outdoor space accessible from multiple rooms, enhancing natural light and connection to the vibrant surroundings. Investment Potential: Ideal for both permanent residence and rental market opportunities due to its prime location near key amenities and the university.
The valuation. The asking price of €299,000 sits €23,654 (7.3%) below the fair value of €322,654, indicating it is fairly priced in the current market context.
Fair value modelled at €322,654 from 6 comparable sales in the area. Asking €299,000 sits €23,654 (7.3%) below — the upside to fair value.
Asking €299,000 versus the Parceiros e Azoia, Leiria, Leiria area baseline of €249,798 (€1,823/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting 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 €249,798, adjusted for condition and micro-location, gives a modelled fair value of €322,654 (€2,355/m²), a €23,654 (7.3%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Parceiros e Azoia · 828f1e | Subject | €299,000 | €2,182 | — | 75 | 47 |
| urbanização Vale Grande | Active | €319,000 | €2,215 | 1.5% | 75 | 47 |
| rua Vale de Lobos | Active | €329,000 | €2,031 | 6.9% | 75 | 42 |
| avenida Marquês de Pombal, 27 | Active | €275,000 | €6,250 | 186.4% | 85 | 52 |
| rua Poeta José Marques da Cruz, 116 | Active | €249,000 | €1,754 | 19.7% | 76 | 47 |
| Median comp | €297,000 | €2,123 | 2.7% | 76 | 47 |
Long-term rental The 2-bed apartment in Parceiros e Azoia offers a fair yield of 2.2%, aligning well with the region's predominantly rural economic structure. While the property's overall condition is rated at 78/100, indicating decent livability, the neighbourhood's rating of 47/100 suggests limited tenant quality and amenities. Value-add renovation Investing in value-add renovations could enhance the appeal of this apartment and potentially boost its rental yield above the current 2.2%. However, given the fair valuation at €299,000 compared to the fair value of €322,654, the returns from such improvements may be constrained by the limitations of the local housing market.
Tenant turnover risk With a tenant stability score of 50/100, there is a substantial risk of higher vacancy rates and increased turnover costs, potentially leading to decreased cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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