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.
1-bedroom, 1-bathroom apartment of 116 m² on the 1st floor, energy rating D. Located on rua Comandante João Belo, 47, Leiria parish, Leiria municipality, Leiria district. Property Features: This apartment offers an interior patio of 24.90 m², enhancing outdoor living potential right in the heart of historic Leiria, alongside views of the Castle.
The valuation. The asking price of €190,000 is below the fair value of €217,704, indicating a discount of €27,704 (12.7%). This property is positioned as a subvalorizada asset, making it a potentially attractive investment opportunity.
Fair value modelled at €217,704 from 6 comparable sales in the area. Asking €190,000 sits €27,704 (12.7%) below — the upside to fair value.
Asking €190,000 versus the rua Comandante João Belo, 47 area baseline of €182,577 (€1,574/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €182,577, adjusted for condition and micro-location, gives a modelled fair value of €217,704 (€1,877/m²), a €27,704 (12.7%) gap versus the €190,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Comandante João Belo, 47 | Subject | €190,000 | €1,638 | — | 80 | 55 |
| rua Poeta José Marques da Cruz, 116 | Active | €249,000 | €1,754 | 7.1% | 76 | 47 |
| rua Fernão de Magalhães, 52 | Active | €190,000 | €2,000 | 22.1% | 70 | 39 |
| rua José Diogo Oliveira Junior | Active | €265,000 | €1,710 | 4.4% | 70 | 56 |
| Leiria · 800422 | Active | €540,000 | €1,636 | 0.1% | 70 | 50 |
| Median comp | €257,000 | €1,732 | 5.7% | 70 | 49 |
Long-term rental This property, listed at €190,000, presents a compelling opportunity for long-term rental due to its favorable gap of 12.7% below the fair value of €217,704. With a gross yield of 3.4% and a solid condition score of 79/100, it can attract stable tenants looking for comfortable accommodations in a rural setting. Value-add renovation With the property priced at €190,000, which is 12.7% lower than the fair value, there is ample potential for value-add renovation to increase both rental income and property appreciation. The current condition rating of 79/100 suggests manageable areas for improvement that can enhance overall tenant appeal and marketability. Family rental The €190,000 price tag indicates a strategic positioning for family rental, given its location and a 3.4% gross yield, closer to the fair value. The decent condition and spacious layout make it an attractive option for families seeking stable and comfortable living in a more rural environment.
[Tenant Turnover Risk] With a tenant stability score of 60/100, there is a considerable risk of higher turnover rates that could lead to increased vacancy periods and potential loss of rental income.
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