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.
1-bedroom, 1-bathroom duplex of 57 m², built in 2022, energy rating B. Located Nazaré parish, Nazaré municipality, Leiria district. Noteworthy Features: This duplex includes an attic with potential for conversion into a second bedroom, enhancing both living space and investment value in a high-demand tourist area.
The valuation. The asking price of €380,000 sits €205,580 (117.9%) above the fair value of €174,420, indicating that the property is overpriced. This significant gap suggests that potential buyers may face challenges in recovering their investment. Buy-to-flip angle. With high-quality finishes, this property could be appealing for a buy-and-flip strategy, aiming for a rapid resale to capitalize on its aesthetic appeal in a varied neighbourhood. However, substantial investment would be needed to justify the asking price. Buy-to-let angle. The estimated gross yield of 2% (~€633/month) provides limited monthly income, which may not sufficiently cover expenses or attract long-term tenants in a mixed neighbourhood like Nazaré. A buy-and-hold strategy could be less favorable for cash flow.
Fair value modelled at €174,420 from 6 comparable sales in the area. Asking €380,000 sits €205,580 (117.9%) above — overpriced versus fair value.
Asking €380,000 versus the Nazaré, Nazaré, Leiria area baseline of €169,905 (€2,981/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 €169,905, adjusted for condition and micro-location, gives a modelled fair value of €174,420 (€3,060/m²), a €205,580 (117.9%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Nazaré · 829033 | Subject | €380,000 | €6,667 | — | 78 | 66 |
| Nazaré · 38b7f2 | Active | €540,000 | €6,353 | 4.7% | 85 | 49 |
| Nazaré · a80818 | Active | €540,000 | €6,279 | 5.8% | 84 | 54 |
| Nazaré · 1441a5 | Active | €465,000 | €2,853 | 57.2% | 70 | 53 |
| caminho Real S / N | Active | €494,900 | €2,591 | 61.1% | 80 | 48 |
| Median comp | €517,450 | €4,566 | 31.5% | 82 | 51 |
Long-term rental The property is overpriced at €380,000 compared to its fair value of €174,420, resulting in a significant gap of 117.9%. With a gross yield of only 2%, this investment lacks the financial viability needed for a successful long-term rental strategy. Family rental At a listing price of €380,000, the property is not aligned with fair market expectations, being overpriced by 117.9% against a valuation of €174,420. Furthermore, the neighborhood score of 66/100 suggests that while it may attract families, the investment's financial returns are insufficient and do not justify the elevated cost. Buy-and-hold Despite the solid condition rating of 80/100, this 1-bed duplex is overpriced at €380,000, significantly higher than its fair value of €174,420, leading to a concerning valuation gap of 117.9%. Given the low gross yield of 2%, the buy-and-hold strategy would struggle to deliver satisfactory returns in this inflated market environment.
Economic Vulnerability With an economic stability score of 60/100, there is a significant risk that economic downturns could negatively impact tenant occupancy and rent collection.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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