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 189 m², energy rating B. Located on rua Fonte Nova, Nazaré parish, Nazaré municipality, Leiria district. Noteworthy Features: The apartment boasts a fully controllable Smart Home system, allowing mobile management of integrated colored LED lighting and a sophisticated built-in heat recovery system. Luxo Individualizado: O apartamento possui um sistema Smart Home totalmente controlador, permitindo a gestão móvel da iluminação LED colorida integrada e um sofisticado sistema de recuperação de calor embutido.
The valuation. The asking price of €550,000 is €31,564 (6.1%) above the fair value of €518,436, indicating that it is fairly priced for the current market conditions. This positioning suggests a balanced opportunity for both buyers and investors.
Fair value modelled at €518,436 from 6 comparable sales in the area. Asking €550,000 sits €31,564 (6.1%) above — overpriced versus fair value.
Asking €550,000 versus the rua Fonte Nova area baseline of €387,223 (€2,049/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €387,223, adjusted for condition and micro-location, gives a modelled fair value of €518,436 (€2,743/m²), a €31,564 (6.1%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Fonte Nova | Subject | €550,000 | €2,910 | — | 85 | 49 |
| rua do Monte, 26 | Active | €395,000 | €2,633 | 9.5% | 80 | 54 |
| Nazaré · 8000d6 | Active | €275,000 | €2,455 | 15.6% | 75 | 57 |
| caminho Real S / N | Active | €494,900 | €2,591 | 11.0% | 80 | 48 |
| rua da Fonte Nova, 24-26 | Active | €375,000 | €4,261 | 46.4% | 80 | 58 |
| Median comp | €385,000 | €2,612 | 10.2% | 80 | 56 |
Buy-and-hold The 3-bed apartment in Nazaré is currently listed at €550,000, which is approximately 6.1% above its fair value of €518,436, indicating it is fairly priced. Long-term appreciation potential may be limited given the rural location and lack of strong economic drivers in the area. Long-term rental While the current yield stands at 0%, the property could still serve as a stable long-term rental investment in a growing suburban environment. However, the lower tenant quality and average neighborhood score suggest that finding reliable tenants may present challenges. Value-add renovation Investing in value-add renovations could enhance the property’s appeal and improve its rental potential, yet the existing price point aligns closely with its fair value. Given the apartment's condition of 85/100, significant renovations might not yield the desired increase in value within this market context.
High Vacancy Risk The low Economic stability score of 45 and Tenant stability score of 40 indicate a potential for high tenant turnover, increasing the risk of prolonged vacancies.
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