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.
1-bedroom, 1-bathroom apartment of 71 m², built in 1978, energy rating C. Located on rua União Piedense, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. This apartment includes two enclosed balconies, adding approximately 10m² of private outdoor space for relaxation or gardening, enhancing its appeal as a modern living option in Laranjeiro.
The valuation. The asking price of €289,000 is significantly above the fair value of €230,965, reflecting an overprice of €58,035 (20.1%). This discrepancy indicates that the property is overpriced based on market comparisons.
Fair value modelled at €230,965 from the area baseline, adjusted for condition and location. Asking €289,000 sits €58,035 (20.1%) above — overpriced versus fair value.
Asking €289,000 versus the rua União Piedense area baseline of €205,048 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 80 · Materials 77 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 77/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua União Piedense
Area baseline €205,048 + condition +€3,772 + location +€22,145 = modelled fair value of €230,965 (€3,253/m²), a €58,035 (20.1%) gap versus the €289,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua União Piedense | Subject | €289,000 | €4,070 | — | 80 | 77 |
| rua José Malheiro S / N | Active | €279,000 | €3,930 | 3.5% | 74 | 80 |
| Almada, Cova da Piedade, Pragal e Cacilhas · bf2845 | Active | €275,000 | €4,231 | 3.9% | 70 | 75 |
| rua do Clube Recreativo da Ramalha S / N | Active | €310,000 | €4,026 | 1.1% | 72 | 75 |
| rua do Feijó, 28 | Active | €340,000 | €3,469 | 14.8% | 72 | 75 |
| Median comp | €294,500 | €3,978 | 2.3% | 72 | 75 |
Long-term rental Given its current listing price of €289,000, this 1-bed apartment offers a gross yield of only 2.9% which is low for long-term rental investments. Additionally, with a fair value of €230,965 indicating a 20.1% gap, this property does not present a competitive proposition for landlords seeking consistent returns. Buy-and-hold Investing in this property as a buy-and-hold strategy appears unwise due to its significant markup over fair value, resulting in a perceived risk of capital underperformance. The gross yield of 2.9% further emphasizes that any long-term appreciation potential may be offset by its current inflated price point. Family rental This apartment is likely to struggle in attracting family renters given its overpriced listing and low gross yield of 2.9%, which may deter cost-conscious families. With a fair value of €230,965, the 20.1% price discrepancy suggests families may look elsewhere for better value in the current housing market.
Potential Tenant Turnover Risk The tenant stability score of 75/100 indicates a moderate risk of turnover, which could lead to increased vacancy rates and expenses associated with finding new tenants.
