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 125 m² on the 4th floor, built in 2005, energy rating C. Located União das freguesias do Bombarral e Vale Covo parish, Bombarral municipality, Leiria district. Noteworthy Features: This apartment boasts two balconies, one featuring a barbecue, perfect for outdoor entertaining and enjoying the excellent solar exposure. Location Advantage: Centrally located near essential amenities including schools and transport links.
The valuation. The asking price of €286,500 sits well above fair value at €154,639, resulting in an overpriced evaluation by €131,861 (85.3%). This discrepancy calls for careful consideration before any potential purchase. Buy-to-flip angle. A buy-to-flip strategy could capitalize on renovations, but given the current market conditions and purchase price, potential profits may be limited once selling costs are factored in. Buy-to-let angle. With an estimated gross yield of 3.8% (~€907/month), a buy-to-let approach focuses on securing long-term family tenants, appealing to the local rental market despite the farm-to-commerce economic reliance in the area.
Fair value modelled at €154,639 from 6 comparable sales in the area. Asking €286,500 sits €131,861 (85.3%) above — overpriced versus fair value.
Asking €286,500 versus the União das freguesias do Bombarral e Vale Covo, Bombarral, Leiria area baseline of €144,612 (€1,157/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €144,612, adjusted for condition and micro-location, gives a modelled fair value of €154,639 (€1,237/m²), a €131,861 (85.3%) gap versus the €286,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| União das freguesias do Bombarral e Vale Covo · 38b49c | Subject | €286,500 | €2,292 | — | 72 | 48 |
| União das freguesias do Bombarral e Vale Covo · 897e5c | Active | €313,000 | €1,909 | 16.7% | 70 | 54 |
| rua Infante Dom Henrique, 42 | Active | €385,000 | €2,151 | 6.2% | 62 | 55 |
| rua José Veríssimo Duarte, 1 | Active | €84,900 | €1,846 | 19.5% | 58 | 58 |
| rua Infante Dom Henrique | Active | €320,000 | €534 | 76.7% | 40 | 49 |
| Median comp | €316,500 | €1,878 | 18.1% | 60 | 55 |
Long-term rental The 3-bed apartment in Bombarral is priced at €286,500, representing an 85.3% gap from its fair value of €154,639, indicating that the property is overpriced for a long-term rental investment. Additionally, with a gross yield of only 3.8% and a neighborhood score of 48/100, the potential returns appear limited in a rural area heavily reliant on agriculture. Family rental While the apartment may be suitable for family rentals due to its size, the asking price of €286,500 far exceeds the fair value of €154,639, showcasing that it is overpriced. The low condition score of 74/100 and the neighborhood rating of 48/100 further suggest that this investment may struggle to attract families seeking quality housing at a reasonable price. Not ideal for luxury market This property does not cater to the luxury market, and its €286,500 price tag suggests an expectation of high-end appeal that is unlikely to be met in a rural context. Given its below-average neighborhood evaluation and reliance on local employment, it lacks the distinguishing features desirable for luxury clientele. Not ideal for short-term vacation rental Considering the asking price of €286,500, the apartment is overpriced and unlikely to yield the returns expected from a short-term vacation rental strategy. The rural setting and low neighborhood amenities further indicate that it may not attract tourists seeking vacation accommodations.
Economic Risk The economic stability score of 40/100 indicates a significant risk of economic downturn that could affect property value and rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Sign in to buy the report or use a credit
