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.
0-bedroom, 0-bathroom apartment_building of 420 m², energy rating D. Located Costa da Caparica parish, Almada municipality, Setúbal district. Noteworthy Features: This property includes the potential for converting the store into parking, which can enhance accessibility and value in a beach-side area with limited parking availability.
The valuation. The asking price of €1,999,900 sits €414,810 (20.7%) above the fair value of €1,585,090. Therefore, this property is overpriced. Buy-to-flip angle. A buy-to-flip strategy may struggle given the current asking price versus fair value, limiting potential profit margins on resale. Buy-to-let angle. Without existing rental income, the strategy focuses on long-term rental opportunities in a suburban location, but with a gross yield of 0%, financial viability remains uncertain.
Fair value modelled at €1,585,090 from the area baseline, adjusted for condition and location. Asking €1,999,900 sits €414,810 (20.7%) above — overpriced versus fair value.
Asking €1,999,900 versus the Costa da Caparica, Almada, Setúbal area baseline of €1,945,020 (€4,631/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 56/100 (Condition 60 · Materials 55 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Costa da Caparica, Almada, Setúbal
Area baseline €1,945,020 + condition -€124,031 + location +€132,441 = modelled fair value of €1,585,090 (€3,774/m²), a €414,810 (20.7%) gap versus the €1,999,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Costa da Caparica · 5ecec2 | Subject | €1,999,900 | €4,762 | — | 60 | 71 |
| rua 1 de Maio | Active | €900,000 | €5,625 | 18.1% | 82 | 76 |
| rua de Almada, 34 | Active | €810,000 | €4,880 | 2.5% | 63 | 71 |
| rua 5 de Outubro, 5 | Active | €595,000 | €2,479 | 47.9% | — | 75 |
| Costa da Caparica · 28b802 | Active | €285,000 | €5,089 | 6.9% | 55 | 74 |
| Median comp | €702,500 | €4,985 | 4.7% | 63 | 75 |
Long-term rental The property is overpriced at €1,999,900, significantly exceeding its fair value of €1,585,090 by 20.7%. With a current gross yield of 0% and a condition rating of only 56/100, this investment may not generate viable rental income long-term. Buy-and-hold Holding onto this property is not strategically sound given its considerable markup and lack of competitive yield. The property’s fair value suggests that the potential for appreciation may be limited, undermining long-term growth prospects. Family rental Marketing this apartment building as a family rental may prove challenging due to its overpriced nature and 0% yield. Families might be deterred by its condition score of 56/100, preferring options that provide better value. Not ideal for The property is particularly unsuitable for student housing as its pricing is substantially above fair value, limiting affordability. Additionally, the luxury market appeal is questionable given its mediocre condition and neighborhood amenities. Short-term vacation rental Investing in a short-term vacation rental is impractical, as the current price significantly exceeds fair value, hampering expected returns. The absence of gross yield further diminishes this strategy's viability in the region.
Potential tenant turnover risk The economic and tenant stability scores of 70/100 indicate a moderate risk of tenant turnover, which could impact rental income stability.
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