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 78 m², built in 1996. Located on rua Armando Cortesão, 25, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment features two balconies offering expansive natural light and a small private outdoor retreat on the top floor, enhancing outdoor living opportunities.
The valuation. The asking price of €270,000 sits €33,522 (12.4%) above the fair value of €236,478, indicating that the property is overpriced. Investors should be cautious before proceeding. Buy-to-flip angle. The potential for a buy-to-flip strategy is limited, as the existing valuation does not offer sufficient room for profit after renovations are considered. Flipping this apartment may not yield favorable returns. Buy-to-let angle. With an estimated rental income of €922/month, the gross yield stands at 4.1%, making it a viable option for long-term investment. This strategy could appeal to families looking for residential stability in a mixed neighborhood.
Fair value modelled at €236,478 from the area baseline, adjusted for condition and location. Asking €270,000 sits €33,522 (12.4%) above — overpriced versus fair value.
Asking €270,000 versus the rua Armando Cortesão, 25 area baseline of €225,264 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 60 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 78/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua Armando Cortesão, 25
Area baseline €225,264 + condition -€14,016 + location +€25,230 = modelled fair value of €236,478 (€3,032/m²), a €33,522 (12.4%) gap versus the €270,000 asking price.
Family rental The 2-bed apartment in Laranjeiro e Feijó is overpriced, with a listing of €270,000 compared to a fair value of €236,478, highlighting a 12.4% gap. With a gross yield of 4.1% and a neighborhood quality index of 78/100, it may not offer the most attractive prospects for families seeking affordable housing. Buy-and-hold Considering the current market dynamics, this property does not present an appealing buy-and-hold opportunity since it is overpriced, reflected in its €270,000 listing versus a fair value of €236,478. The gross yield of 4.1% raises concerns about long-term investment viability given the 12.4% gap from fair value. Long-term rental As a long-term rental investment, this property is overpriced, as evidenced by a €270,000 asking price exceeding its fair value of €236,478 by 12.4%. While the neighborhood boasts a 78/100 rating, the gross yield of 4.1% may not compensate for the overvaluation in terms of potential cash flow. Not ideal for This property is not suitable for short-term vacation rentals, the luxury market, or student housing due to its overpriced status and only modest condition score of 64/100. The neighborhood amenities and employment access are strong, but the pricing does not align with the demanding market needs in these segments.
Economic downturn risk A sudden economic downturn could significantly impact tenant stability, potentially resulting in increased vacancies given the Economic stability score of 80/100 and Tenant stability score of 75/100.