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 55 m², built in 1979, energy rating C. Located on rua António Correia, 2, Costa da Caparica parish, Almada municipality, Setúbal district. This property features a sought-after open space design with a modern kitchen and direct access to a private balcony, maximizing outdoor living in a coastal environment.
The valuation. The asking price of €299,000 is significantly above fair value at €232,412, representing an expensive premium of €66,588 (22.3%). This property is therefore considered overpriced.
Fair value modelled at €232,412 from the area baseline, adjusted for condition and location. Asking €299,000 sits €66,588 (22.3%) above — overpriced versus fair value.
Asking €299,000 versus the rua António Correia, 2 area baseline of €206,470 (€3,754/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 78 · Materials 85 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua António Correia, 2
Area baseline €206,470 + condition +€4,469 + location +€21,473 = modelled fair value of €232,412 (€4,226/m²), a €66,588 (22.3%) gap versus the €299,000 asking price.
Long-term rental Given the apartment's high price of €299,000 compared to its fair value of €232,412, the 3.5% gross yield may not be sufficient to cover the investment risk. In the suburban Lisbon market, long-term rental demand may be lacking, resulting in potential challenges to maintain occupancy in this overpriced property. Family rental While there is potential for family rentals in the suburban Lisbon area, the property’s pricing at €299,000 is not aligned with its fair market value of €232,412. The neighbourhood rating of 76/100 does suggest a reasonably good environment for family living, yet the gap in price could deter price-sensitive tenants. Buy-and-hold The prospect of buy-and-hold is diminished by the fact that the listing price of €299,000 is €66,588 above the fair value of €232,412. With the suburban location and economic factors potentially hindering value appreciation, the expected returns from this strategy may be compromised due to the property's overpriced status.
Tenant turnover risk The tenant stability score of 75/100 suggests a moderate risk of tenant turnover, which could affect cash flow unpredictability.
