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 145 m², energy rating D. Located on rua Almerinda Correia, 19, Charneca de Caparica e Sobreda parish, Almada municipality, Setúbal district. Noteworthy Features: The property includes an integrated barbecue on the front balcony and a versatile third room ideal for a library or home office, enhancing its functionality for family life.
The valuation. The asking price of €399,000 is significantly below the fair value of €473,324, representing a potential savings of €74,324 (18.6%). This suggests a strategic buying opportunity in a high-demand area.
Fair value modelled at €473,324 from the area baseline, adjusted for condition and location. Asking €399,000 sits €74,324 (18.6%) below — the upside to fair value.
Asking €399,000 versus the rua Almerinda Correia, 19 area baseline of €497,785 (€3,433/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Almerinda Correia, 19
Area baseline €497,785 + condition +€12,687 + location +€41,876 = modelled fair value of €473,324 (€3,264/m²), a €74,324 (18.6%) gap versus the €399,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Almerinda Correia, 19 | Subject | €399,000 | €2,752 | — | 78 | 75 |
| rua União Piedense S / N | Active | €358,000 | €2,887 | 4.9% | 80 | 78 |
| rua Ramalho Ortigão | Active | €324,000 | €2,613 | 5.0% | 70 | 72 |
| travessa da Liberdade | Active | €280,000 | €2,617 | 4.9% | 77 | 78 |
| rua da Boa Esperança | Active | €245,000 | €2,356 | 14.4% | 65 | 80 |
| Median comp | €302,000 | €2,615 | 5.0% | 74 | 78 |
Long-term rental This property presents an attractive opportunity for long-term rental, with a fair value 18.6% above its listing price, indicating potential for steady appreciation. The gross yield of 3.7% aligns with market expectations in a suburban setting, backed by its proximity to public transport in a safe area. Family rental The apartment is well-suited for family rental, offering spacious accommodations with a commendable condition rating of 81/100. Its 75/100 neighborhood score reflects a family-friendly environment, complemented by amenities that cater to long-term residence. Buy-and-hold Investors looking for a buy-and-hold strategy will find this property appealing, given its 18.6% gap to fair value, suggesting strong upside potential over time. The stable rental yield and quality of the neighborhood support a long-term investment approach, making it a strategic choice for persistent growth.
Economic Volatility Risk: With an economic stability score of 75/100, there is a moderate risk of fluctuations in local economic conditions that could impact property values and rental income. Tenant Turnover Risk: Although tenant stability is at 75/100, there remains a risk of higher-than-expected tenant turnover, leading to potential vacancies and loss of rental income.
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