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 81 m², energy rating D. Located on rua Afonso de Paiva, 1, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. This apartment features a blend of modern updates and noticeable wear, allowing for flexible renovation options that could enhance its market value.
The valuation. The asking price of €299,000 is significantly above the fair value of €241,528, representing an overvaluation of €57,472 (19.2%). This discrepancy indicates the property is overpriced for potential investors.
Fair value modelled at €241,528 from the area baseline, adjusted for condition and location. Asking €299,000 sits €57,472 (19.2%) above — overpriced versus fair value.
Asking €299,000 versus the rua Afonso de Paiva, 1 area baseline of €233,928 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 65 · Materials 70 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 80 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Afonso de Paiva, 1
Area baseline €233,928 + condition -€13,922 + location +€21,521 = modelled fair value of €241,528 (€2,982/m²), a €57,472 (19.2%) gap versus the €299,000 asking price.
Long-term rental While the property offers a gross yield of 3.6%, the listing price of €299,000 exceeds the fair value of €241,528 by 19.2%. This overvaluation diminishes the attractiveness of the investment for long-term rental purposes, especially considering the property’s condition score of 64/100. Family rental Given the current market dynamics and the suburban characteristics of Laranjeiro e Feijó, the apartment's asking price does not align with its value, which could pose challenges for family rental investment. The gap from fair value indicates that the property is overpriced, potentially leading to higher vacancy rates and reduced rental appeal. Buy-and-hold The buy-and-hold strategy becomes less favorable as the property is overpriced at €299,000, compared to its fair value of €241,528. This significant overvaluation, combined with a relatively low condition score, could impede long-term appreciation potential and profitability in the market. Not ideal for: Luxury market, Student housing
Tenant turnover risk The tenant stability score of 65/100 indicates a higher likelihood of tenant turnover, which could lead to increased vacancy rates and associated costs.
