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, 0-bathroom apartment of 105 m². Located Nazaré parish, Nazaré municipality, Leiria district. This apartment offers access to a common terrace with breathtaking sea views, enhancing its appeal as a prime investment or vacation home.
The valuation. The asking price of €460,000 is €43,088 (10.3%) above the fair value of €416,912. Overall, the property is fairly valued with potential for appreciation as the neighborhood develops.
Fair value modelled at €416,912 from 6 comparable sales in the area. Asking €460,000 sits €43,088 (10.3%) above — overpriced versus fair value.
Asking €460,000 versus the Nazaré, Nazaré, Leiria area baseline of €457,403 (€4,356/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 is below the parish average, reducing 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 €457,403, adjusted for condition and micro-location, gives a modelled fair value of €416,912 (€3,971/m²), a €43,088 (10.3%) gap versus the €460,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Nazaré · e83537 | Subject | €460,000 | €4,381 | — | 68 | 56 |
| rua António Carvalho Laranjo, 16 | Active | €320,000 | €6,400 | 46.1% | 72 | 54 |
| Nazaré · a4672c | Active | €275,000 | €3,056 | 30.3% | 68 | 52 |
| Marinha Grande · a80a47 | Active | €335,000 | €3,941 | 10.0% | 75 | 55 |
| Nazaré · a80908 | Active | €240,000 | €4,000 | 8.7% | — | 56 |
| Median comp | €297,500 | €3,971 | 9.4% | 72 | 55 |
Long-term rental The apartment is positioned in a transitional area, which makes it a less attractive option for long-term rentals given the neighborhood’s tenant quality score of 56/100. The 0% gross yield further indicates that this property may not generate enough rental income to justify the purchase price. Value-add renovation While the property is in fair condition with a score of 70/100, the potential for value-add through renovations is limited as the property is currently priced at €460,000, only 10.3% above its fair value of €416,912. Investors may find it challenging to recoup renovation costs due to the already high entry price in a transitional market. Buy-and-hold The property’s fair value reflects a balanced price point in a neighborhood scoring 56/100 but does not present a compelling investment case for a buy-and-hold strategy due to stagnant yield projections. With the apartment priced above its fair value, long-term appreciation potential may be limited in this transitional setting. Not ideal for The apartment is not suitable for luxury market investments given its location and condition, as well as for student housing due to the neighborhood's amenities and tenant quality. Additionally, it does not fit the short-term vacation rental model because of the transitional nature of the area, which may deter visitors seeking premium accommodations.
Economic vulnerability due to low scores The economic stability score of 55/100 suggests potential challenges in the local economy, which, combined with the tenant stability score of 60/100, indicates an increased risk of vacancy or rent default.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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