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 95 m², energy rating C. Located on rua Fernão de Magalhães, 52, Marrazes e Barosa parish, Leiria municipality, Leiria district. Noteworthy Features: This apartment includes a functional kitchen with a laundry area and a spacious corridor that features a large wardrobe for additional storage.
The valuation. The asking price of €190,000 sits well below the fair value of €262,175, indicating that the property is underpriced by €72,175 (27.5%). This presents an attractive opportunity for investors seeking value. Buy-to-flip angle. With the property being underpriced, a resale strategy could be employed to renovate and sell quickly for a profit, capitalizing on current market conditions. Efforts should focus on enhancing the average quality finishes to increase buyer appeal. Buy-to-let angle. The estimated rental income of €649/month offers a gross yield of 4.1%, which is competitive for the area. This consistent income stream could provide a solid return for long-term investors in a mixed neighborhood.
Fair value modelled at €262,175 from 6 comparable sales in the area. Asking €190,000 sits €72,175 (27.5%) below — the upside to fair value.
Asking €190,000 versus the rua Fernão de Magalhães, 52 area baseline of €236,121 (€2,485/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €236,121, adjusted for condition and micro-location, gives a modelled fair value of €262,175 (€2,760/m²), a €72,175 (27.5%) gap versus the €190,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Fernão de Magalhães, 52 | Subject | €190,000 | €2,000 | — | 70 | 39 |
| Marrazes e Barosa · ec1ad9 | Active | €275,000 | €2,165 | 8.3% | 71 | 49 |
| rua do Prazo | Active | €250,000 | €2,976 | 48.8% | 64 | 43 |
| Parceiros e Azoia · 828f1e | Active | €299,000 | €2,182 | 9.1% | 75 | 47 |
| Leiria · f10d1b | Active | €180,000 | €2,727 | 36.4% | 72 | 43 |
| Median comp | €262,500 | €2,455 | 22.7% | 72 | 45 |
Buy-and-hold This 2-bed apartment in Marrazes e Barosa, listed at €190,000, presents a significant valuation gap of 27.5% below its fair value of €262,175, indicating its potential as a solid investment for long-term appreciation. With a gross yield of 4.1%, combined with a fair condition score of 68, this property can attract a steady flow of tenants in the predominantly agricultural neighborhood. Long-term rental The apartment's location, predicated on agricultural use with a lower population density, requires a focus on securing long-term tenants who appreciate stable living conditions rather than transient options. Given the property’s current listing price of €190,000 relative to its fair value, it is poised to offer a reliable income stream while capitalizing on the expected market appreciation over time.
Economic Instability With an economic stability score of 30/100, the property's potential for long-term financial success may be significantly compromised. Tenant Risk A tenant stability score of 50/100 suggests moderate risk of tenant turnover, which could impact rental income.
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