Apartment in Caparica e Trafaria

Overview

4-bedroom, 2-bathroom apartment of 140 m², built in 2008, energy rating C. Located Caparica e Trafaria parish, Almada municipality, Setúbal district. River View: Enjoy panoramic vistas of the Tagus River and the iconic 25 de Abril Bridge from this well-maintained apartment, complemented by two designated parking spaces.

Financial Summary

The valuation. The asking price of €350,000 is significantly above the fair value of €280,690, marking an excess of €69,310 (19.8%). With the property considered overpriced, potential buyers should proceed cautiously.

Investment Thesis

Long-term rental The 4-bed apartment's fair value of €280,690 suggests that at the listing price of €350,000, it is overpriced by 19.8%. With a yield of 0% gross and a poor condition rating of 0/100, the property does not present a viable long-term rental investment opportunity. Family rental Although the neighborhood has a quality rating of 75/100, the high listing price of €350,000 compared to the fair value of €280,690 indicates that the property is overpriced. The lack of yield and dismal condition further diminish its attractiveness as a family rental option. Buy-and-hold Investing in this 4-bed apartment at a listing price of €350,000 is unwise, as it is priced 19.8% above its fair value of €280,690. The absence of yield and the appalling condition rating of 0/100 diminish its long-term hold potential significantly.

Risks

Economic Volatility Risk: With both Economic stability and Tenant stability scores at 75/100, there is a potential risk of downturns affecting both the tenancy and economic environment that could impact rental income stability.

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