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 74 m², built in 1977, energy rating D. Located on rua São João, 2, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Noteworthy Feature: This apartment includes a separate laundry area, enhancing convenience for daily chores and maintaining the living space's overall functionality. Investment Potential: Its location near essential amenities makes it ideal for rental income.
The valuation. The asking price of €275,000 exceeds the fair value of €235,963 by €39,037 (14.2%). This property is considered overpriced and may pose challenges for prospective buyers looking for a good investment.
Fair value modelled at €235,963 from the area baseline, adjusted for condition and location. Asking €275,000 sits €39,037 (14.2%) above — overpriced versus fair value.
Asking €275,000 versus the rua São João, 2 area baseline of €213,712 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua São João, 2
Area baseline €213,712 + condition +€1,734 + location +€20,516 = modelled fair value of €235,963 (€3,189/m²), a €39,037 (14.2%) gap versus the €275,000 asking price.
Long-term rental This property, listed at €275,000, exceeds the fair value of €235,963 by 14.2%, indicating it is overpriced. The 3.5% gross yield may not sufficiently compensate for the high entry price in the current market environment. Family rental With the property being overpriced at €275,000 compared to the fair value of €235,963, potential returns may fall short of expectations for family leasing. While the neighborhood offers a solid quality rating of 74/100, the elevated cost diminishes its appeal for family-oriented tenants. Buy-and-hold The 14.2% gap between the listing price of €275,000 and the fair value of €235,963 suggests this investment strategy is not practical given the property’s overpriced status. A buy-and-hold approach may lead to lower equity growth and returns due to the high acquisition cost relative to its worth in the current market.
Potential Tenant Turnover The tenant stability score of 70/100 indicates a moderate risk of turnover, which could lead to increased vacancy rates or renovation costs.
