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.
4-bedroom, 2-bathroom apartment of 135 m² on the 3rd floor, built in 1978, energy rating D. Located on rua Romeu Correia S / N, Charneca de Caparica e Sobreda parish, Almada municipality, Setúbal district. This property features two independent balconies offering south-facing views, maximizing natural light, along with a basement storage unit for additional convenience.
The valuation. The asking price of €470,000 is significantly above the fair value of €421,265, representing an overvaluation of €48,735 (11.6%). This indicates that the property is overpriced relative to current market expectations.
Fair value modelled at €421,265 from 6 comparable sales in the area. Asking €470,000 sits €48,735 (11.6%) above — overpriced versus fair value.
Asking €470,000 versus the rua Romeu Correia S / N area baseline of €540,825 (€4,006/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 36/100 is below the parish average, reducing 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 €540,825, adjusted for condition and micro-location, gives a modelled fair value of €421,265 (€3,120/m²), a €48,735 (11.6%) gap versus the €470,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Romeu Correia S / N | Subject | €470,000 | €3,481 | — | 30 | 69 |
| rua Bento de Jesus Caraça | Active | €269,000 | €3,241 | 6.9% | 42 | 77 |
| Corroios · 28b9af | Active | €195,000 | €2,349 | 32.5% | 42 | 82 |
| Caparica e Trafaria · 5b8900 | Active | €299,000 | €2,848 | 18.2% | 35 | 74 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 133a5b | Active | €285,000 | €3,608 | 3.6% | 43 | 77 |
| Median comp | €277,000 | €3,045 | 12.6% | 42 | 77 |
Long-term rental The property in Charneca de Caparica e Sobreda is currently overpriced by 11.6% compared to its fair value of €421,265, suggesting a lack of immediate financial upside in a long-term rental investment. With a gross yield of 0% and a condition rating of 36/100, the property's attractiveness for long-term tenants may be limited due to its current condition and perceived value. Family rental Given the current valuation, this 4-bed apartment does not present a favorable opportunity for family rental, as the property is overpriced at €470,000. Its lower condition score of 36/100 may deter families seeking quality housing in the desirable Almada area. Buy-and-hold As a buy-and-hold investment, this property is overpriced by 11.6%, undermining its potential for capital appreciation in the long term. The lack of rental yield and poor condition score indicate that holding this asset may not generate the expected return on investment. Not ideal for short-term vacation rental Due to the current valuation of €470,000 being above fair market value, this property is not positioned well for a short-term vacation rental strategy. The combination of a 0% yield and less-than-desirable condition limits its appeal in the competitive vacation rental market. Not ideal for student housing This property’s pricing, being 11.6% over fair value, makes it an inappropriate choice for student housing. The low condition rating and absence of rental income further suggest that it would not attract the student demographic effectively.
Economic volatility risk The economic stability score of 65/100 indicates potential fluctuations in the local economy, which may impact tenant retention and rent payments.
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