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 93 m² on the 1st floor, energy rating C. Located on urbanização Aldeia do Mar, 7, Nazaré parish, Nazaré municipality, Leiria district. Noteworthy Features: This apartment boasts a magnificent terrace with direct sea views, ideal for hosting meals and enjoying Nazaré's stunning sunsets. Additional Amenity: It includes private basement parking for convenience.
The valuation. The asking price of €250,000 is positioned below fair value by €28,545 (10.2%), indicating the property is subvalued and presents an attractive opportunity for investors. Buy-to-flip angle. A buy-and-flip strategy in this market allows for potential resale given the decent condition rating and desirable location, anticipating significant appreciation. Buy-to-let angle. With an estimated rental income of €958 per month, the gross yield of 4.6% makes this property a solid candidate for long-term rental investment.
Fair value modelled at €278,545 from 6 comparable sales in the area. Asking €250,000 sits €28,545 (10.2%) below — the upside to fair value.
Asking €250,000 versus the urbanização Aldeia do Mar, 7 area baseline of €234,491 (€2,521/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €234,491, adjusted for condition and micro-location, gives a modelled fair value of €278,545 (€2,995/m²), a €28,545 (10.2%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Aldeia do Mar, 7 | Subject | €250,000 | €2,688 | — | 68 | 55 |
| Nazaré · 76aece | Active | €269,000 | €3,165 | 17.7% | 81 | 58 |
| Nazaré · 07fc9a | Active | €460,000 | €7,302 | 171.6% | 65 | 56 |
| Nazaré · e5543d | Active | €330,000 | €2,409 | 10.4% | 74 | 50 |
| Nazaré · 800321 | Active | €220,100 | €2,935 | 9.2% | 68 | 59 |
| Median comp | €299,500 | €3,050 | 13.5% | 71 | 57 |
Long-term rental This 2-bed apartment in Nazaré offers a gross yield of 4.6%, significantly aligning with the rental demands of a small city with moderate tourism influence. With a fair value gap of 10.2%, this property presents an attractive opportunity for long-term rental investments, ensuring steady cash flow. Buy-and-hold The property is currently listed at €250,000, which is below its fair value of €278,545, indicating it is positioned well for appreciation over time. As Nazaré's market continues to evolve, holding this apartment could yield increased returns as property values rise. Not ideal for luxury market Given the neighbourhood's overall rating of 55/100, this property does not fit the luxury market segment, where higher standards and amenities are generally expected. Potential investors should focus on other segments that align with the property’s characteristics. Not ideal for student housing The condition rating of 72/100 suggests the property might not meet the specific demands of student housing, which often requires modern facilities and proximity to educational institutions. Investors should therefore explore alternative rental strategies more suited to this asset.
Potential Rental Income Instability The combined economic stability score of 45/100 and tenant stability score of 55/100 indicates a risk of fluctuating rental income due to potential economic downturns and tenant turnover.
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