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 113 m², built in 1981, energy rating D. Located on rua José Vicente da Costa S / N, Costa da Caparica parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment boasts an enclosed balcony with a stunning sea view, perfect for sunset enjoyment, while the office features luxurious crystal fixtures and dark wood cabinetry.
The valuation. The asking price of €420,000 is above the fair value of €376,480, indicating an overpriced situation by €43,520 (11.6%). This suggests potential buyers may want to exercise caution. Buy-to-flip angle. Given the current market dynamics, a wholesale strategy targeting a resale after minor renovations could realize a profit margin, but profitability is uncertain due to the above-market asking price. Buy-to-let angle. With an estimated rental income of €1,260/month, the gross yield stands at 3.6%, which could attract long-term renters but may not provide substantial cash flow in light of the property's fair value.
Fair value modelled at €376,480 from 6 comparable sales in the area. Asking €420,000 sits €43,520 (11.6%) above — overpriced versus fair value.
Asking €420,000 versus the rua José Vicente da Costa S / N area baseline of €458,476 (€4,057/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €458,476, adjusted for condition and micro-location, gives a modelled fair value of €376,480 (€3,332/m²), a €43,520 (11.6%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José Vicente da Costa S / N | Subject | €420,000 | €3,717 | — | 58 | 66 |
| Costa da Caparica · 43943f | Active | €471,000 | €3,317 | 10.8% | — | 73 |
| Caparica e Trafaria · 1f3470 | Active | €260,000 | €3,250 | 12.6% | 65 | 75 |
| rua João Azevedo S / N | Active | €425,000 | €3,346 | 10.0% | 65 | 74 |
| Costa da Caparica · 53cd89 | Active | €498,000 | €2,465 | 33.7% | 74 | 76 |
| Median comp | €448,000 | €3,284 | 11.7% | 65 | 75 |
Family rental The 3-bed apartment in Costa da Caparica is not an attractive option for family rental due to its pricing being 11.6% above fair value and its average condition and neighborhood scores of 66. The yield of 3.6% suggests limited profitability in a competitive rental market where tenant quality must also be considered. Long-term rental Investing in this property for long-term rental is not recommended, as it is priced above its fair market value at €420,000, leading to a 11.6% disparity that impacts overall returns. The combination of a moderate gross yield of 3.6% and average neighborhood ratings do not justify the premium being asked. Buy-and-hold Adopting a buy-and-hold strategy on this apartment may prove unwise given that it is overpriced at €420,000, which is 11.6% above the fair value of €376,480. The modest gross yield of 3.6% along with the property’s middling condition and neighborhood ratings suggest limited potential for capital appreciation over time.
Market Volatility Risk With both economic and tenant stability scores at 65/100, there is a heightened risk of fluctuations in rental income and property value, which could impact overall investment returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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