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, 2-bathroom apartment of 92 m² on the 3rd floor, built in 2022, energy rating A. Located Nazaré parish, Nazaré municipality, Leiria district. This apartment features a rooftop leisure area with a jacuzzi, offering stunning sea views and a unique relaxation spot exclusive to residents of the Maravista Condominium.
The valuation. The asking price of €550,000 is significantly above the assessed fair value of €328,085, representing a premium of €221,915 (67.6%). This valuation indicates the property is overpriced.
Fair value modelled at €328,085 from 6 comparable sales in the area. Asking €550,000 sits €221,915 (67.6%) above — overpriced versus fair value.
Asking €550,000 versus the Nazaré, Nazaré, Leiria area baseline of €269,123 (€2,925/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €269,123, adjusted for condition and micro-location, gives a modelled fair value of €328,085 (€3,566/m²), a €221,915 (67.6%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Nazaré · a0cb15 | Subject | €550,000 | €5,978 | — | 80 | 49 |
| rua dos Tanques | Active | €380,000 | €4,222 | 29.4% | 80 | 58 |
| rua da Fonte Nova, 24-26 | Active | €375,000 | €4,261 | 28.7% | 80 | 58 |
| Nazaré · 8000d6 | Active | €275,000 | €2,455 | 58.9% | 75 | 57 |
| Nazaré · 829033 | Active | €380,000 | €6,667 | 11.5% | 78 | 66 |
| Median comp | €377,500 | €4,242 | 29.1% | 79 | 58 |
Long-term rental This 2-bed apartment in Nazaré is currently overpriced by 67.6%, with a fair value of €328,085 compared to the listing price of €550,000. Given the rural setting with lower population density and amenities, it is unlikely to generate adequate rental income, especially with a gross yield of 0%. Buy-and-hold Investing in this property for a buy-and-hold strategy is not advisable due to its significant price gap from fair value. With a condition score of 83/100 and a lack of appeal in the surrounding neighbourhood rated at 49/100, the property does not justify the high initial investment and offers limited growth potential in the long term.
Low Demand Risk The property is at risk of low demand, given the economic stability score of 45/100 and tenant stability score of 50/100, which suggest potential challenges in attracting and retaining tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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