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 85 m² on the 1st floor, built in 1980, energy rating D. Located Nazaré parish, Nazaré municipality, Leiria district. This property features high-quality finishes, including stainless steel appliances in the modern kitchen and air conditioning in both bedrooms, enhancing comfort and style in a desirable location.
The valuation. The asking price of €269,000 is well below the fair value of €406,786, representing a significant discount of €137,786 or 33.9%. This property is clearly underpriced in comparison to its true market value.
Fair value modelled at €406,786 from 6 comparable sales in the area. Asking €269,000 sits €137,786 (33.9%) below — the upside to fair value.
Asking €269,000 versus the Nazaré, Nazaré, Leiria area baseline of €371,882 (€4,375/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 €371,882, adjusted for condition and micro-location, gives a modelled fair value of €406,786 (€4,786/m²), a €137,786 (33.9%) gap versus the €269,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Nazaré · 76aece | Subject | €269,000 | €3,165 | — | 81 | 58 |
| rua William Beckford | Active | €255,000 | €4,636 | 46.5% | 74 | 47 |
| Nazaré · 2fce0e | Active | €380,000 | €4,935 | 55.9% | 68 | 51 |
| Nazaré · 0c0608 | Active | €287,500 | €3,549 | 12.2% | 70 | 57 |
| rua António Carvalho Laranjo, 16 | Active | €320,000 | €6,400 | 102.2% | 72 | 54 |
| Median comp | €303,750 | €4,786 | 51.2% | 71 | 53 |
Long-term rental The 2-bed apartment in Nazaré presents a strong long-term rental opportunity, as it is currently underpriced by 33.9% relative to its fair value of €406,786, which supports a solid investment case. With a favorable condition rating of 79/100, this property is well-suited for attracting stable long-term tenants despite the neighbourhood's average tenant quality. Family rental Positioned as a family rental, this apartment's location in a stable yet limited job market offers potential for steady occupancy due to the inherent demand for residential spaces in family-oriented setups. The apartment's fair value indicates that it is currently a suboptimal rental price, allowing for the possibility of enhancing rental income in the future as the property appreciates in value. Short-term rental Given the location’s small-town nature and limited urban influence, this property is not ideal for short-term rentals, which typically thrive in more dynamic environments. Consequently, the lack of attractive amenities and lower tenant quality diminishes the chances of successfully operating in this market segment. Student housing This property does not align well with the student housing model due to the limited diversity in employment and amenities in the area, which are essential for attracting student tenants. Additionally, the overall neighborhood rating of 58/100 highlights that it's not a prime location for those seeking student accommodations, further affirming that a student rental strategy would be ineffective.
Economic Vulnerability Given an economic stability score of 55, there is a significant risk of fluctuating market conditions adversely affecting property values and returns.
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