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 102 m² on the 2nd floor, built in 1971, energy rating D. Located on rua Raul Proença S / N, Caldas da Rainha - Santo Onofre e Serra do Bouro parish, Caldas da Rainha municipality, Leiria district. This apartment features a sunroom that can be easily converted into a laundry area, enhancing its functionality in a spacious urban setting.
The valuation. The asking price of €275,000 sits €20,027 (7.9%) above the fair value of €254,973, indicating a fair valuation for this property. Buy-to-flip angle. A potential resale strategy could involve minor renovations, enhancing value before targeting a quick sale in this rural market. Buy-to-let angle. With a gross yield of 2.8% (~€642/month), this property offers stable rental income, well-suited for long-term tenants looking for comfort in a mixed neighborhood.
Fair value modelled at €254,973 from 6 comparable sales in the area. Asking €275,000 sits €20,027 (7.9%) above — overpriced versus fair value.
Asking €275,000 versus the rua Raul Proença S / N area baseline of €194,945 (€1,911/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €194,945, adjusted for condition and micro-location, gives a modelled fair value of €254,973 (€2,500/m²), a €20,027 (7.9%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Raul Proença S / N | Subject | €275,000 | €2,696 | — | 78 | 48 |
| Caldas da Rainha - Santo Onofre e Serra do Bouro · 57fb1b | Active | €249,000 | €2,075 | 23.0% | 65 | 57 |
| rua 15 de Agosto | Active | €219,000 | €2,433 | 9.7% | 70 | 47 |
| Foz do Arelho · 143f5b | Active | €520,000 | €4,262 | 58.1% | 85 | 59 |
| rua General Queirós | Active | €485,000 | €2,566 | 4.8% | — | 49 |
| Median comp | €367,000 | €2,500 | 7.3% | 70 | 53 |
Long-term rental The property represents a fair investment opportunity for long-term rental, given its yield of 2.8% gross which is consistent with the rural area's moderate demand. Although the neighborhood has limited amenities, the low crime rate will appeal to potential long-term tenants seeking stability. Value-add renovation Investing in value-add renovations could increase the property’s appeal and rental income potential, particularly given its current condition rating of 80/100. Improvements could enhance its attractiveness in a market that is moderately priced, despite the neighborhood's 48/100 rating. Short-term vacation rental This property is not ideal for conversion into a short-term vacation rental due to its fair valuation and the surrounding area's limited amenities. Additionally, the rural characteristics make it less appealing for transient vacationers, who typically seek more vibrant tourist environments. Luxury market The property does not align with luxury market strategies as it is fairly priced and situated in a rural area with peripheral characteristics. Its limited amenities and tenant quality further detract from its viability in the high-end sector.
Economic Dependency Risk The low economic stability score of 35/100 indicates a high dependency on fluctuating economic conditions, which may negatively impact tenant retention and rental income.
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