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 120 m² on the 1st floor, built in 1991, energy rating E. Located on rua Manuel Mafra, Caldas da Rainha - Santo Onofre e Serra do Bouro parish, Caldas da Rainha municipality, Leiria district. Noteworthy Features: This apartment includes a private terrace perfect for outdoor dining, and the central location ensures convenient access to local amenities and public transportation options.
The valuation. The asking price of €275,000 sits below the fair value of €299,370 by €24,370 (8.1%), indicating a fair market position. This positions the property attractively, showing no immediate discrepancies in value.
Fair value modelled at €299,370 from 6 comparable sales in the area. Asking €275,000 sits €24,370 (8.1%) below — the upside to fair value.
Asking €275,000 versus the rua Manuel Mafra area baseline of €265,862 (€2,216/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €265,862, adjusted for condition and micro-location, gives a modelled fair value of €299,370 (€2,495/m²), a €24,370 (8.1%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel Mafra | Subject | €275,000 | €2,292 | — | 70 | 51 |
| Caldas da Rainha - Nossa Senhora do Pópulo, Coto e São Gregório · 5e6410 | Active | €269,000 | €2,402 | 4.8% | 70 | 57 |
| rua da Feira, 19 | Active | €255,000 | €2,090 | 8.8% | 72 | 58 |
| rua Custódio Maldonado Freitas | Active | €280,000 | €2,667 | 16.4% | 70 | 58 |
| Caldas da Rainha - Nossa Senhora do Pópulo, Coto e São Gregório · 57fb0a | Active | €320,000 | €2,883 | 25.8% | 72 | 58 |
| Median comp | €274,500 | €2,535 | 10.6% | 71 | 58 |
Long-term rental The property offers a gross yield of 4%, which suggests a steady income stream for potential landlords despite not maximizing rental returns. Given the fair valuation, it presents a viable option for long-term rental investors seeking stability in a modest market. Buy-and-hold While the fair market valuation indicates the close alignment of current pricing with potential future value, the modest growth prospects should temper expectations for significant appreciation. Investors may find this property suitable for gradual wealth accumulation over time, but must recognize the limited upside. Value-add renovation With a condition score of 73/100, there is potential for value-add renovations to boost rental income and increase future resale value. However, the current fair valuation means investors should proceed cautiously, as aggressive renovation costs may not yield sufficient returns in this priced market. Not ideal for luxury market The property’s setting and condition do not align with the luxury market's expectations, limiting appeal to high-end buyers. As such, luxury investors should seek alternative opportunities where higher returns are possible in a premium location. Not ideal for student housing Given the neighborhood's moderate rating of 51/100, the property is less appealing for catering to student housing needs, which typically demand more vibrant, urban settings. Prospective investors in this segment should consider properties more closely aligned with student lifestyle requirements and amenities.
Economic Dependence Risk The property's economic stability score of 55/100 suggests a reliance on potentially volatile economic conditions, which could affect long-term tenant occupancy at a tenant stability score of 50/100.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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