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, 2-bathroom apartment of 89 m² on the 1st floor, energy rating D. Located on rua José Filipe Neto Rebelo, 15, Caldas da Rainha - Nossa Senhora do Pópulo, Coto e São Gregório parish, Caldas da Rainha municipality, Leiria district. Noteworthy Features: This apartment boasts an interior patio that enhances privacy and adds a unique dimension rarely found in urban living spaces, alongside easy access to central amenities.
The valuation. The asking price of €340,000 is significantly above the fair value of €253,657, representing an overpricing of €86,343 or 34.0%. This indicates that the property does not present a compelling investment opportunity. Buy-to-flip angle. To capitalize on potential renovations, a buy-to-flip strategy could involve updating key areas, potentially allowing for a resale price above €340,000. However, the current valuation presents inherent risks. Buy-to-let angle. The property offers a gross yield of 2.7%, equating to an estimated rental income of €765 per month. This figure may appeal to long-term rental strategies, although the yield is relatively modest.
Fair value modelled at €253,657 from 6 comparable sales in the area. Asking €340,000 sits €86,343 (34.0%) above — overpriced versus fair value.
Asking €340,000 versus the rua José Filipe Neto Rebelo, 15 area baseline of €224,747 (€2,525/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €224,747, adjusted for condition and micro-location, gives a modelled fair value of €253,657 (€2,850/m²), a €86,343 (34.0%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José Filipe Neto Rebelo, 15 | Subject | €340,000 | €3,820 | — | 67 | 53 |
| Caldas da Rainha - Nossa Senhora do Pópulo, Coto e São Gregório · f10c6d | Active | €289,000 | €3,247 | 15.0% | 70 | 57 |
| Caldas da Rainha - Santo Onofre e Serra do Bouro · 143f6e | Active | €309,900 | €2,817 | 26.3% | 68 | 58 |
| Caldas da Rainha - Nossa Senhora do Pópulo, Coto e São Gregório · 57fb0a | Active | €320,000 | €2,883 | 24.5% | 72 | 58 |
| rua Engenheiro Antônio Avelar de Couto, 19 | Active | €295,000 | €2,682 | 29.8% | 72 | 52 |
| Median comp | €302,450 | €2,850 | 25.4% | 71 | 58 |
Long-term rental The 2-bed apartment in Caldas da Rainha is overvalued at €340,000, with a fair value of only €253,657, representing a 34% gap. A gross yield of 2.7% suggests that this property may not perform well in the long-term rental market, especially given the neighborhood rating of 53/100. Buy-and-hold Investing in this property as a buy-and-hold strategy is risky, as the current asking price far exceeds its fair value. With a fair value indicating a potential loss against the purchase price, this strategy may not align well with long-term wealth accumulation goals. Value-add renovation While value-add renovation could enhance the apartment’s appeal, the significant 34% price gap indicates that the initial investment is too high relative to market standards. Renovations could improve its condition rating of 72/100, but the extreme overpricing may limit return potential, even with enhancements.
Economic Volatility Risk The property has a low economic stability score of 50/100, indicating a high potential for fluctuations in income and market demand.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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