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, built in 1992, energy rating C. Located Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Unobstructed views from the 11th floor enhance the living experience while providing ample natural light throughout the apartment.
The valuation. The asking price of €349,000 is €84,696 above the fair value of €264,304, representing a notable 24.3% overvaluation. This indicates the property is overpriced, and potential buyers should approach with caution.
Fair value modelled at €264,304 from the area baseline, adjusted for condition and location. Asking €349,000 sits €84,696 (24.3%) above — overpriced versus fair value.
Asking €349,000 versus the Laranjeiro e Feijó, Almada, Setúbal area baseline of €233,928 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 80 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 80 · Economic 90 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Laranjeiro e Feijó, Almada, Setúbal
Area baseline €233,928 + condition +€4,177 + location +€26,200 = modelled fair value of €264,304 (€3,263/m²), a €84,696 (24.3%) gap versus the €349,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Laranjeiro e Feijó · 6d511f | Subject | €349,000 | €4,309 | — | 80 | 78 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 4a7cb8 | Active | €365,000 | €3,802 | 11.8% | 72 | 80 |
| Corroios · de0c06 | Active | €318,000 | €2,504 | 41.9% | 72 | 80 |
| rua do Clube Recreativo da Ramalha S / N | Active | €310,000 | €4,026 | 6.6% | 72 | 75 |
| rua de Almada Negreiros | Active | €363,000 | €3,490 | 19.0% | 70 | 80 |
| Median comp | €340,500 | €3,646 | 15.4% | 72 | 80 |
Long-term rental The property presents a gross yield of 3.3%, reflecting its position in a neighborhood known for moderate to high rental demand. However, with a fair value of €264,304, the current listing price of €349,000 signifies it is overpriced by 24.3% and may not provide an attractive long-term investment. Short-term vacation rental While short-term rentals can be lucrative, the 3.3% yield indicates limited potential profitability relative to the investment required at the high listing price. The significant gap from fair value at 24.3% suggests that this property is overpriced, diminishing its attractiveness for vacation rental strategies. Buy-and-hold Investing in this property for a buy-and-hold strategy is problematic given its current valuation of €349,000, which is significantly above its fair value. The 24.3% overpricing could lead to lower returns as market appreciation may not cover the discrepancy in value over time.
Tenant Stability Concern With a tenant stability score of 65/100, there is a risk of higher tenant turnover, potentially impacting rental income and increasing vacancy rates.
