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 duplex of 120 m², built in 2006, energy rating B. Located on rua 3 de Setembro, 22, Nazaré parish, Nazaré municipality, Leiria district. The property features two private balconies, offering ample outdoor space with pleasant views, enhancing the living experience in the coastal setting of Nazaré.
The valuation. The asking price of €350,000 sits slightly above the fair value of €345,769 by €4,231 (1.2%). This reflects a property that is valued reasonably well in the current market context.
Fair value modelled at €345,769 from 6 comparable sales in the area. Asking €350,000 sits €4,231 (1.2%) above — overpriced versus fair value.
Asking €350,000 versus the rua 3 de Setembro, 22 area baseline of €292,806 (€2,440/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €292,806, adjusted for condition and micro-location, gives a modelled fair value of €345,769 (€2,881/m²), a €4,231 (1.2%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 3 de Setembro, 22 | Subject | €350,000 | €2,917 | — | 70 | 57 |
| Nazaré · 1441a5 | Active | €465,000 | €2,853 | 2.2% | 70 | 53 |
| Nazaré · 8000d6 | Active | €275,000 | €2,455 | 15.8% | 75 | 57 |
| rua do Monte, 26 | Active | €395,000 | €2,633 | 9.7% | 80 | 54 |
| rua Fonte Nova | Active | €550,000 | €2,910 | 0.2% | 85 | 49 |
| Median comp | €430,000 | €2,743 | 6.0% | 78 | 54 |
Long-term rental With a fair value of €345,769 and a listing price slightly above at €350,000, this duplex poses a modest investment opportunity for long-term rentals in Nazaré. The 3.8% gross yield reflects a stable cash flow potential, albeit the property is situated in a semi-rural area with basic amenities. Buy-and-hold The property is listed at a price that is close to its fair market value, indicating a stable asset for a buy-and-hold strategy in the existing market conditions. While the neighborhood scores moderately on amenities and tenant quality, the long-term outlook for property appreciation remains reasonable. Short-term vacation rental The duplex's 3.8% yield and fair value pricing suggest that it is not positioned favorably for short-term vacation rentals given the limited urbanization and basic amenities of the area. It would likely struggle to attract the influx of tourists typically required for profitability in this segment. Luxury market This property does not align with the luxury market, as it is evaluated at a fair price without significant high-end features, making it less appealing to affluent buyers. Its semi-rural context further distances it from the expectations associated with luxury real estate investments.
Economic Volatility Risk With an economic stability score of 55/100, there is a heightened risk of economic downturns impacting tenant retention and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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