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 106 m², built in 2004, energy rating D. Located Nazaré parish, Nazaré municipality, Leiria district. Noteworthy Features: This apartment includes a common terrace that offers extraordinary panoramic views of Nazaré and the Atlantic, ideal for sunset relaxation and enjoying coastal scenery. Additional Context: The property’s location allows for convenient access to local attractions, restaurants, and the beach, enhancing its appeal as a vacation home or investment opportunity.
The valuation. The asking price of €350,000 sits €62,103 (15.1%) below the fair value of €412,103, indicating that the property is underpriced. This represents a strong investment opportunity for buyers looking for value.
Fair value modelled at €412,103 from 6 comparable sales in the area. Asking €350,000 sits €62,103 (15.1%) below — the upside to fair value.
Asking €350,000 versus the Nazaré, Nazaré, Leiria area baseline of €378,340 (€3,569/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €378,340, adjusted for condition and micro-location, gives a modelled fair value of €412,103 (€3,888/m²), a €62,103 (15.1%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Nazaré · 096f71 | Subject | €350,000 | €3,302 | — | 68 | 56 |
| Nazaré · 53c9c1 | Active | €540,000 | €3,396 | 2.9% | 78 | 55 |
| Nazaré · 831124 | Active | €379,000 | €3,267 | 1.0% | 75 | 52 |
| rua António Carvalho Laranjo, 16 | Active | €320,000 | €6,400 | 93.8% | 72 | 54 |
| Nazaré · 78809e | Active | €540,000 | €3,396 | 2.9% | 78 | 53 |
| Median comp | €459,500 | €3,396 | 2.9% | 77 | 54 |
Buy-and-hold\nAcquiring this 3-bed apartment in Nazaré at €350,000 offers a compelling case for long-term holding, as it is priced 15.1% below its fair value of €412,103. With a gross yield of 3.8% in a semi-rural location, the potential for appreciation aligns well with a buy-and-hold investment strategy, given the stable demand for comfortable residential properties in the area.\n\nLong-term rental\nInvesting in this property for long-term rental could generate stable cash flows, especially considering the competitive gross yield of 3.8% in a semi-rural context where urban proximity adds value. Although the neighborhood scores only 56/100, the 15.1% gap from the fair value suggests room for improvement and potential tenant interest in a well-maintained rental unit.
Potential Tenant Turnover The combined economic stability score of 55/100 and tenant stability score of 60/100 indicate a moderate risk of tenant turnover, suggesting potential difficulties in maintaining occupancy rates and stable rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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