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, 1-bathroom apartment of 466 m², energy rating F. Located on rua Manuel Alves Cruz, Marinha Grande parish, Marinha Grande municipality, Leiria district. This apartment features a completely independent entrance and exclusive use of the 1st floor, offering potential for autonomous living or investment in a prime area of Marinha Grande.
The valuation. The asking price of €150,000 is significantly below the fair value of €661,688, representing a difference of €511,688 (77.3%). This positions the property as underpriced in the current market. Buy-to-flip angle. The buy-to-flip strategy focuses on a value-add renovation approach to enhance the property’s appeal. With a current condition rating of 65/100, strategic updates can maximize resale value. Buy-to-let angle. Although the gross yield is currently 0%, potential rental income could be achieved post-renovation. This approach can capitalize on long-term rental demand in the area, aiming for stable cash flow from tenants.
Fair value modelled at €661,688 from 6 comparable sales in the area. Asking €150,000 sits €511,688 (77.3%) below — the upside to fair value.
Asking €150,000 versus the rua Manuel Alves Cruz area baseline of €506,639 (€1,087/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €506,639, adjusted for condition and micro-location, gives a modelled fair value of €661,688 (€1,420/m²), a €511,688 (77.3%) gap versus the €150,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel Alves Cruz | Subject | €150,000 | €322 | — | 70 | 55 |
| rua das Portas Verdes, 11 | Active | €285,000 | €1,332 | 313.7% | 68 | 50 |
| Marinha Grande · 3a7289 | Active | €190,000 | €1,429 | 343.8% | 70 | 55 |
| Marinha Grande · 38b602 | Active | €196,000 | €1,485 | 361.3% | 70 | 53 |
| rua Helder Luciano Roldão, 8B | Active | €262,500 | €1,411 | 338.4% | 75 | 50 |
| Median comp | €229,250 | €1,420 | 341.1% | 70 | 52 |
Long-term rental The 3-bed apartment in Marinha Grande is listed at €150,000, significantly below its fair value of €661,688, presenting an attractive opportunity for long-term rental returns despite the current 0% gross yield. With a condition rating of 65/100 and neighborhood amenities rated at 55/100, this property has potential appeal for stable tenant occupancy amidst rising demand for affordable housing in the area. Value-add renovation Acquiring this property at its current listing price allows for a strategic value-add renovation, with the possibility of enhancing its condition beyond the existing 65/100 rating to capture a greater portion of the fair value gap of 77.3%. Targeted improvements in both the apartment and the surrounding neighborhood can significantly boost its appeal and rental income potential. Not ideal for luxury market Given its fair value disparity and 55/100 neighborhood rating, this property does not fit within the luxury market's expectations, which may aim for higher-end finishes and amenities. Investors should focus on more affordable segments rather than seeking to position this asset as a luxury offering. Not ideal for short-term vacation rental This property lacks the characteristics typically desired in the short-term vacation rental market, including proximity to top tourist attractions and a high-quality neighborhood rating. The ongoing rural community dynamics may also discourage the influx of short-term guests, leading to lower rental demand in this sector.
Economic Uncertainty Risk The economic stability score of 45/100 indicates a significant risk of economic downturn, which may negatively affect tenant demand and rental income potential.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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