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, 1-bathroom apartment of 104 m² on the 2nd floor, energy rating D. Located on praceta Joaquim Alves, 4, Caldas da Rainha - Santo Onofre e Serra do Bouro parish, Caldas da Rainha municipality, Leiria district. The apartment features high-end stone surfaces and modern cabinetry in renovated areas, contrasting sharply with visible defects such as mold and peeling parquet flooring in several rooms.
The asking price of €208,000 is slightly below our assessed fair value of €209,000, indicating a narrow margin of only €1,000; however, confidence in this fair value is medium. The rental income strategy applies well here, with an estimated gross yield of 5.2%, suggesting healthy returns for investors.
The property's fair value is built using a combination of two models: the Transaction model and the Adjusted asking-price model, each contributing 50%. The Transaction model relies on real transaction data from Caldas da Rainha, consisting of 234 sales within the last four quarters. The Adjusted asking-price model adjusts current listings to reflect actual sale levels. Both models incorporate conservative adjustments, particularly focusing on non-living area composition. As a result, the fair value is set at €209,000, while the asking price is €208,000, indicating that the asking price is in line with the fair value, with a slight upside of 0.5%. Confidence in this assessment is medium.
Gross yield 5.3% (before costs)
This 3-bed apartment in Caldas da Rainha is listed at €208,000, closely aligning with its fair value of €209,000, representing a slight upside of 0.5%. With a gross yield of 5.2%, rental income potential is solid, positioning the property above the middle of the national range. Though the overall condition is moderate at 70/100, the neighborhood score of 50/100 suggests a mixed setting that may require careful consideration for future appreciation. Investing here reflects a balanced opportunity with reasonable confidence in income generation.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk With an economic stability score of 50/100 and a tenant stability score of 50/100, the property faces uncertainty in rental income and occupancy levels. Fair value certainty risk The fair value of €209,000 is assessed with medium confidence due to the absence of micro-location transaction data and because the municipality is under watch against INE.
Grade AFindings: 0
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Models 3.4.3 (Data quality v3 · Valuation v4.1 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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