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, 1-bathroom apartment of 70 m². Located on rua Almada Negreiros, 37, Moita parish, Moita municipality, Setúbal district. Noteworthy Features: This apartment features a well-maintained communal garden area, providing residents with an outdoor space for relaxation and social gatherings. Proximity to Transport: Located within walking distance to the Moita train station for easy commuting.
The valuation. The asking price of €210,000 sits €111,142 (52.9%) above the fair value of €98,858, evidencing that this property is overpriced. Such a steep discrepancy makes it challenging to justify a purchase at this price point.
Fair value modelled at €98,858 from the area baseline, adjusted for condition and location. Asking €210,000 sits €111,142 (52.9%) above — overpriced versus fair value.
Asking €210,000 versus the rua Almada Negreiros, 37 area baseline of €177,870 (€2,541/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 (Condition 64 · Materials 58 · Room dimensions 62). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 58/100 (Housing Market 60 · Amenities 55 · Economic 60 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
rua Almada Negreiros, 37
Area baseline €177,870 + condition -€15,859 + location +€3,557 = modelled fair value of €98,858 (€1,412/m²), a €111,142 (52.9%) gap versus the €210,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Almada Negreiros, 37 | Subject | €210,000 | €3,000 | — | 64 | 58 |
| Alhos Vedros · 9375fd | Active | €239,000 | €2,915 | 2.8% | 65 | 75 |
| rua Alves Redol | Active | €230,000 | €3,026 | 0.9% | 60 | 65 |
| avenida António Aleixo, 20 | Active | €220,000 | €2,821 | 6.0% | 68 | 65 |
| rua Florbela Espanca, 32 | Active | €229,000 | €2,936 | 2.1% | 70 | 70 |
| Median comp | €229,500 | €2,926 | 2.5% | 67 | 68 |
Buy-and-hold The 2-bed apartment in Moita is currently priced at €210,000 despite a fair value estimate of €98,858, indicating it is overpriced by 52.9%. Given its gross yield of 3.9% and the area's subpar economic and neighborhood ratings, holding this property may yield lower returns than anticipated. Long-term rental Investing in this apartment for long-term rental purposes faces challenges as the property’s pricing and the local economic context of Setúbal's industrial background suggest limited tenant demand. With a tenant quality rating of only 58/100, the potential for sustainable rental income appears compromised by the current price. Value-add renovation While the apartment presents an opportunity for renovation, it is overpriced at €210,000 compared to its fair value of €98,858. Given its condition score of 61/100 and neighborhood rating of 58/100, the costs associated with renovations may not yield a proportionate return on investment. Not ideal for: This property is not suitable for the luxury market or short-term vacation rentals, as the economic stability and tenant quality in Moita do not support high-end pricing. Furthermore, it lacks the attributes to attract the student housing demographic, given its lower neighborhood appeal.
Economic-tenant mismatch The economic stability score of 60/100 suggests moderate economic conditions, combined with a low tenant stability score of 55/100, indicates a potential risk of fluctuating occupancy rates and unreliable rental income.
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