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.
4-bedroom, 1-bathroom apartment of 75 m², built in 1970, energy rating D. Located on rua da Alegria, 1, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. This apartment features a unique blend of functional rooms with various decor styles and is ideally situated near public transport and local amenities, enhancing its appeal.
The valuation. The asking price of €225,000 sits 1.0% above fair value at €222,745, indicating that the property is overpriced. This discrepancy suggests that potential investors should approach with caution due to the elevated cost relative to market expectations.
Fair value modelled at €222,745 from the area baseline, adjusted for condition and location. Asking €225,000 sits €2,255 (1.0%) above — overpriced versus fair value.
Asking €225,000 versus the rua da Alegria, 1 area baseline of €216,600 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 (Condition 60 · Materials 65 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua da Alegria, 1
Area baseline €216,600 + condition -€14,648 + location +€20,794 = modelled fair value of €222,745 (€2,970/m²), a €2,255 (1.0%) gap versus the €225,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Alegria, 1 | Subject | €225,000 | €3,000 | — | 60 | 74 |
| Laranjeiro e Feijó · b453fa | Active | €245,000 | €3,063 | 2.1% | 68 | 73 |
| rua Gaspar Correia | Active | €265,000 | €3,118 | 3.9% | 65 | 74 |
| rua Afonso de Paiva, 1 | Active | €299,000 | €3,691 | 23.0% | 65 | 73 |
| rua Afonso de Paiva | Active | €298,000 | €3,010 | 0.3% | 65 | 74 |
| Median comp | €281,500 | €3,091 | 3.0% | 65 | 74 |
Long-term rental With a yield of 0% gross and a fair value gap of just 1.0%, this 4-bed apartment in Laranjeiro e Feijó is not an attractive option for long-term rental investments. Given its fair value of €222,745 versus the listing price of €225,000, investors may find better opportunities elsewhere without incurring immediate losses. Family rental While the apartment is spacious enough for a family, its condition rating of 63/100 suggests that significant maintenance may be required to attract tenants. The slight premium over fair value makes it less appealing for families seeking reliable and affordable rental options. Buy-and-hold As a buy-and-hold investment, this property is questionable due to its overpricing and lack of gross rental yield. Potential long-term appreciation in a desirable neighborhood may not justify the current asking price, especially when similar properties may offer better value and returns.
Potential Rent Default Risk The combination of a strong economic stability score of 80 and a moderate tenant stability score of 75 suggests a potential risk of higher rent defaults, as a dip in tenant stability could indicate less reliable rental income.
