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 81 m², built in 1971, energy rating D. Located Marinha Grande parish, Marinha Grande municipality, Leiria district. Noteworthy Features: This apartment's two fronts allow for abundant natural light, enhancing the living space in a charming, beachside community ideal for coastal activities and relaxation.
The valuation. The asking price of €210,000 sits €34,009 (19.3%) above the fair value of €175,991. This indicates that the property is overpriced and may deter savvy investors. Buy-to-flip angle. A buy-to-flip strategy could involve investing in value-add renovations within the apartment to enhance its condition and increase resale value. The goal would be to achieve a quick turnover, potentially capitalizing on more favorable market conditions. Buy-to-let angle. The rental income strategy suggests a gross yield of 2.9%, with estimated monthly earnings of approximately €508. However, limited economic opportunities in the rural location may restrict rental demand and long-term profitability.
Fair value modelled at €175,991 from 6 comparable sales in the area. Asking €210,000 sits €34,009 (19.3%) above — overpriced versus fair value.
Asking €210,000 versus the Marinha Grande, Marinha Grande, Leiria area baseline of €185,297 (€2,288/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 49/100 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 €185,297, adjusted for condition and micro-location, gives a modelled fair value of €175,991 (€2,173/m²), a €34,009 (19.3%) gap versus the €210,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Marinha Grande · 2fcbb5 | Subject | €210,000 | €2,593 | — | 45 | 49 |
| Marinha Grande · 831363 | Active | €239,000 | €2,173 | 16.2% | 60 | 51 |
| Marinha Grande · 8314f4 | Active | €239,000 | €2,173 | 16.2% | 65 | 57 |
| Marinha Grande · ee88b9 | Active | €249,900 | €1,655 | 36.2% | 45 | 49 |
| Marinha Grande · a809ee | Active | €119,500 | €3,515 | 35.6% | 60 | 57 |
| Median comp | €239,000 | €2,173 | 16.2% | 60 | 54 |
Long-term rental With a gross yield of 2.9%, the potential income from this property fails to justify the listing price of €210,000, which is 19.3% above its fair value of €175,991. The limited amenities and economic opportunities in Marinha Grande further exacerbate the risk of prolonged vacancies and tenant challenges. Value-add renovation Although renovations could improve the condition score from 49/100, the expected return on investment does not compensate for the current overpricing of the unit. Investing in upgrades in a neighborhood with a low score of 49/100 presents formidable challenges in finding buyers or tenants willing to pay a premium price.
Economic Vulnerability With an economic stability score of 45/100, there is a heightened risk of market fluctuations negatively impacting property values and rental income. Tenant Instability Given a tenant stability score of 60/100, there may be a moderate risk of tenant turnover affecting consistent cash flow.
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