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 119 m², energy rating D. Located on estrada do Poço Novo, 4, Charneca de Caparica e Sobreda parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment offers a spacious closed balcony with a double glazing system, enhancing natural light and providing a serene view over the tennis court.
The valuation. The asking price of €395,000 exceeds the fair value of €354,797 by €40,203 (10.2%). This property is overpriced and does not represent a viable investment opportunity based on current market evaluations.
Fair value modelled at €354,797 from the area baseline, adjusted for condition and location. Asking €395,000 sits €40,203 (10.2%) above — overpriced versus fair value.
Asking €395,000 versus the estrada do Poço Novo, 4 area baseline of €343,672 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 (Condition 63 · Materials 65 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
estrada do Poço Novo, 4
Area baseline €343,672 + condition -€23,242 + location +€34,367 = modelled fair value of €354,797 (€2,981/m²), a €40,203 (10.2%) gap versus the €395,000 asking price.
Family rental The property is overpriced, with a fair value of €354,797 compared to the listing price of €395,000, indicating it may not provide a competitive edge for family renting. Additionally, the condition rating of 63/100 suggests that required renovations could further decrease appeal to potential tenants. Long-term rental With a gross yield of 3.4%, the property does not align with attractive long-term rental investments, especially considering it is listed at a premium above fair market value. The surrounding neighborhood score of 75/100 may attract tenants, but the current pricing undermines long-term financial viability. Buy-and-hold As an overpriced asset with a 10.2% gap from fair value, this property may not perform well as a buy-and-hold investment in the competitive Greater Lisbon market. Though suburban amenities support growth potential, the high initial investment could limit returns over time.
Potential Tenant Turnover Tenants may be more likely to move due to a tenant stability score of 75/100, which could lead to increased vacancy rates and associated costs.
