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.
1-bedroom, 1-bathroom apartment of 94 m² on the 2nd floor, built in 1998, energy rating D. Located União das freguesias do Bombarral e Vale Covo parish, Bombarral municipality, Leiria district. Noteworthy Features: This apartment boasts a private terrace and a cozy marble fireplace, enhancing both outdoor living and ambiance during colder months.
The valuation. The asking price of €225,000 sits €8,398 (3.6%) below the fair value of €233,398, making this property priced fairly in relation to its market worth. Buy-to-flip angle. A buy-to-flip strategy could focus on cosmetic enhancements in the living areas, potentially increasing resale value significantly within a short turnaround. Buy-to-let angle. The rental income strategy projects a gross yield of 4.5%, estimating monthly rental income at approximately €844, appealing for long-term tenancies due to the competitive rental market.
Fair value modelled at €233,398 from 6 comparable sales in the area. Asking €225,000 sits €8,398 (3.6%) below — the upside to fair value.
Asking €225,000 versus the União das freguesias do Bombarral e Vale Covo, Bombarral, Leiria area baseline of €225,281 (€2,397/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €225,281, adjusted for condition and micro-location, gives a modelled fair value of €233,398 (€2,483/m²), a €8,398 (3.6%) gap versus the €225,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| União das freguesias do Bombarral e Vale Covo · 0ac687 | Subject | €225,000 | €2,394 | — | 65 | 58 |
| União das freguesias do Bombarral e Vale Covo · 5e63fa | Active | €230,000 | €2,949 | 23.2% | 70 | 58 |
| União das freguesias do Bombarral e Vale Covo · 2d817f | Active | €248,500 | €3,186 | 33.1% | 74 | 57 |
| União das freguesias do Bombarral e Vale Covo · ee88fe | Active | €230,000 | €2,875 | 20.1% | 80 | 56 |
| União das freguesias do Bombarral e Vale Covo · 831369 | Active | €230,000 | €2,091 | 12.6% | 74 | 50 |
| Median comp | €230,000 | €2,912 | 21.7% | 74 | 57 |
Long-term rental Given its fair valuation and a gross yield of 4.5%, this property represents a reasonable investment for long-term rental, particularly in a rural area of Portugal. However, with a neighborhood score of 58/100, tenant quality may be a concern, potentially affecting occupancy rates. Buy-and-hold As the apartment is priced close to its fair value, holding onto this asset for potential appreciation could be a sound strategy, though the modest neighborhood scores highlight some limitations in future growth. Its decent size and condition can attract long-term tenants, making it a stable option for cash flow. Value-add renovation The property might benefit from improvements given its condition rating of 68/100, which could enhance both rental appeal and long-term value. However, given that it is fairly priced, any return on renovation investments may be limited unless further value-adding features are introduced to offset the current neighborhood disadvantages.
Economic Vulnerability The economic stability score of 55 indicates potential fluctuations in the local economy that could impact property values and rental income.
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