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 103 m² on the 3rd floor, built in 1988, energy rating F. Located on rua Paulo VI, 24, Leiria parish, Leiria municipality, Leiria district. One of the major highlights of this apartment is its privileged view over Leiria Castle, enhancing its appeal and potential for a stunning renovation outcome.
The valuation. The asking price of €228,500 sits €17,559 (8.3%) above the fair value of €210,941, indicating a fair valuation in the current market. This suggests that while priced above value, it is not seen as overpriced or undervalued.
Fair value modelled at €210,941 from 6 comparable sales in the area. Asking €228,500 sits €17,559 (8.3%) above — overpriced versus fair value.
Asking €228,500 versus the rua Paulo VI, 24 area baseline of €200,223 (€1,944/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 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 €200,223, adjusted for condition and micro-location, gives a modelled fair value of €210,941 (€2,048/m²), a €17,559 (8.3%) gap versus the €228,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Paulo VI, 24 | Subject | €228,500 | €2,218 | — | 55 | 52 |
| praça Amílcar Alexandre Gordalina | Active | €270,000 | €2,177 | 1.8% | 65 | 51 |
| Marrazes e Barosa · 57f7a9 | Active | €259,000 | €1,919 | 13.5% | 60 | 48 |
| rua de Gil Vicente | Active | €400,000 | €1,739 | 21.6% | 58 | 44 |
| Marrazes e Barosa · a80535 | Active | €270,000 | €2,177 | 1.8% | 65 | 44 |
| Median comp | €270,000 | €2,048 | 7.7% | 63 | 46 |
Long-term rental The property offers a gross yield of 4.6%, making it a viable option for long-term rental, especially given its proximity to urban centers. However, the neighbourhood rating of 52/100 suggests a need for careful consideration of tenant quality and demand in the area. Buy-and-hold With a fair valuation that reflects its current listing price, this apartment may appreciate moderately over time, although the 60/100 condition score indicates it may require renovations to maximize its long-term value. The strategic buy-and-hold approach could benefit from ongoing monitoring of local real estate trends and economic developments in Leiria and the surrounding areas.
Weak Economic Outlook The property faces significant risk due to an economic stability score of 45/100, indicating potential challenges in attracting and retaining tenants.
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