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, 2-bathroom apartment of 116 m², energy rating D. Located Caparica e Trafaria parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment boasts a generous balcony with a privileged view of the cliffs and includes a rare feature of two entrance halls that effectively separate public and private spaces.
The valuation. The property is listed at €39,500,000, which positions it at 99.1% above the fair value of €368,075, signaling that it is overpriced compared to the market standards. Buy-to-flip angle. A potential buy-to-flip strategy would not be advisable given the substantial gap between the asking price and fair value, which limits resale potential. Buy-to-let angle. With a gross yield of 0% and an asking price significantly above fair value, this property may not generate feasible rental income, making it less attractive for long-term tenancy.
Fair value modelled at €368,075 from the area baseline, adjusted for condition and location. Asking €39,500,000 sits €39,131,925 (99.1%) above — overpriced versus fair value.
Asking €39,500,000 versus the Caparica e Trafaria, Almada, Setúbal area baseline of €401,708 (€3,463/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 80 · Room dimensions 74). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Caparica e Trafaria, Almada, Setúbal
Area baseline €401,708 + condition +€906 + location +€32,161 = modelled fair value of €368,075 (€3,173/m²), a €39,131,925 (99.1%) gap versus the €39,500,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Caparica e Trafaria · 4a7f19 | Subject | €39,500,000 | €340,517 | — | 72 | 74 |
| rua António Pinheiro, 9 | Active | €425,000 | €4,427 | 98.7% | 70 | 75 |
| Costa da Caparica · 0dd010 | Active | €370,000 | €6,066 | 98.2% | 75 | 81 |
| Costa da Caparica · d7a453 | Active | €485,000 | €5,706 | 98.3% | 80 | 73 |
| Caparica e Trafaria · 0324be | Active | €307,000 | €4,449 | 98.7% | 73 | 76 |
| Median comp | €397,500 | €5,078 | 98.5% | 74 | 76 |
Family rental Given the significant gap of 99.1% between the listing price of €39,500,000 and the fair value of €368,075, this property is clearly overpriced for a family rental investment. The current yield of 0% gross and the suburban location, while offering decent tenant quality, do not justify the inflated asking price. Long-term rental With a fair value significantly lower than the asking price, investing in this property for long-term rental purposes would not be prudent, as it is overpriced at €39,500,000 against a valuation of €368,075. The low yield of 0% gross indicates weak rental income potential in the current market context. Buy-and-hold Acquiring this asset as a buy-and-hold strategy is unwise given its substantial markup, with a fair value of just €368,075, highlighting that it is overpriced by 99.1%. The property does not promise adequate growth or returns to justify the exorbitant listing price at €39,500,000.
Economic and Tenant Stability Risk With both economic and tenant stability scores at 70/100, there is a risk of moderate fluctuations in occupancy rates and rental income due to potential economic downturns or tenant turnover.
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