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, 1-bathroom apartment of 90 m², built in 1992, energy rating C. Located Nazaré parish, Nazaré municipality, Leiria district. Noteworthy Features: This apartment boasts custom design elements throughout, enhancing its aesthetic appeal, while the close proximity to the seaside ensures a tranquil living experience with stunning views.
The valuation. The asking price of €275,000 is significantly below the fair value of €360,000, indicating it is undervalued by €85,000 (23.6%). This presents a rare opportunity for prospective investors. Buy-to-flip angle. A resale strategy can capitalize on the underpriced nature of the property, aiming for renovations that enhance appeal, potentially fetching a profit above €360,000 in a recovering market. Buy-to-let angle. With an estimated monthly rental income of €962, the gross yield stands at 4.2%, making this 2-bed apartment a viable option for long-term family rentals in a coastal area, despite mixed local employment opportunities.
Fair value modelled at €360,000 from 6 comparable sales in the area. Asking €275,000 sits €85,000 (23.6%) below — the upside to fair value.
Asking €275,000 versus the Nazaré, Nazaré, Leiria area baseline of €330,929 (€3,677/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €330,929, adjusted for condition and micro-location, gives a modelled fair value of €360,000 (€4,000/m²), a €85,000 (23.6%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Nazaré · a4672c | Subject | €275,000 | €3,056 | — | 68 | 52 |
| rua António Carvalho Laranjo, 16 | Active | €320,000 | €6,400 | 109.5% | 72 | 54 |
| Nazaré · a80908 | Active | €240,000 | €4,000 | 30.9% | — | 56 |
| Nazaré · a8074f | Active | €240,000 | €4,000 | 30.9% | 58 | 47 |
| avenida Manuel Remígio | Active | €399,000 | €5,700 | 86.5% | 64 | 48 |
| Median comp | €280,000 | €4,850 | 58.7% | 64 | 51 |
Long-term rental This 2-bed apartment in Nazaré presents a significant gap of 23.6% below fair value, making it an attractive option for long-term rental potential in a semi-rural coastal area. With a gross yield of 4.2%, investors can expect steady rental income, supported by the demand for housing in the vicinity despite limited local employment opportunities. Family rental Given its favorable pricing below fair value, this property stands to serve well as a family rental in Nazaré, appealing to those looking for a coastal home in proximity to amenities. The apartment's gross yield of 4.2% indicates solid investment performance, even in a neighborhood with a moderate quality rating of 52/100.
Economic and Tenant Instability The economic stability score of 45/100 indicates a high risk of economic downturn impacting rental income, while a tenant stability score of 55/100 suggests potential tenant turnover, increasing vacancy risks.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
