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, 1-bathroom apartment of 110 m² on the 1st floor, built in 2000, energy rating D. Located on praça da República S / N, União das freguesias do Bombarral e Vale Covo parish, Bombarral municipality, Leiria district. This apartment features two balconies that maximize sunlight and offer a pleasant outdoor space, along with a pantry enhancing storage efficiency in the semi-equipped kitchen.
The valuation. The asking price of €230,000 sits slightly above the fair value of €223,266, by €6,734 (3.0%). This indicates the property is fairly priced, presenting a reasonable entry point for prospective investors.
Fair value modelled at €223,266 from 6 comparable sales in the area. Asking €230,000 sits €6,734 (3.0%) above — overpriced versus fair value.
Asking €230,000 versus the praça da República S / N area baseline of €170,908 (€1,554/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €170,908, adjusted for condition and micro-location, gives a modelled fair value of €223,266 (€2,030/m²), a €6,734 (3.0%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça da República S / N | Subject | €230,000 | €2,091 | — | 75 | 49 |
| União das freguesias do Bombarral e Vale Covo · 38b743 | Active | €249,000 | €1,858 | 11.1% | 75 | 58 |
| União das freguesias do Bombarral e Vale Covo · 38b49c | Active | €286,500 | €2,292 | 9.6% | 72 | 48 |
| União das freguesias do Bombarral e Vale Covo · 38b80d | Active | €270,000 | €3,293 | 57.5% | 54 | 48 |
| rua José Veríssimo Duarte, 1 | Active | €84,900 | €1,846 | 11.7% | 58 | 58 |
| Median comp | €259,500 | €2,075 | 0.8% | 65 | 53 |
Long-term rental The 2-bed apartment in União das freguesias do Bombarral e Vale Covo offers a gross yield of 3.7%, which reflects a viable option for steady rental income. However, given the fair value of €223,266 compared to the listing price of €230,000, the investment may not significantly outperform market expectations. Value-add renovation With a condition score of 78/100, there is potential for value enhancement through renovations; however, the investment environment suggests that returns may be modest. The gap of only 3.0% from the fair value indicates that substantial upside may be limited, making it prudent to approach renovations cautiously. Not ideal for: Student housing, Luxury market Due to its primarily rural setting and a neighborhood score of only 49/100, this property will likely struggle in the student housing arena and the luxury market. The local demographic and tenant quality further support this assertion, as they may not align with the needs of those sectors.
Economic Vulnerability The low economic stability score of 40/100 indicates a higher risk of economic downturns affecting rental income and property value.
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