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 82 m². Located on rua Bento de Jesus Caraça, 51, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. This apartment features a unique hatch providing access to a 50 m² exclusive-use attic, offering significant potential for expansion into additional living space.
The valuation. The asking price of €265,000 is slightly above fair value, which stands at €257,985, resulting in an overprice of €7,015, or 2.6%. This property cannot be considered a deal in its current valuation.
Fair value modelled at €257,985 from the area baseline, adjusted for condition and location. Asking €265,000 sits €7,015 (2.6%) above — overpriced versus fair value.
Asking €265,000 versus the rua Bento de Jesus Caraça, 51 area baseline of €236,816 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 75 · Materials 70 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 75 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Bento de Jesus Caraça, 51
Area baseline €236,816 + condition -€3,459 + location +€24,629 = modelled fair value of €257,985 (€3,146/m²), a €7,015 (2.6%) gap versus the €265,000 asking price.
Long-term rental The 2-bed apartment in Laranjeiro e Feijó is overpriced at €265,000, particularly given its fair value estimate of €257,985, translating to a gap of 2.6%. With a gross yield of only 3.7%, the investment does not promise compelling returns for long-term rental purposes. Short-term vacation rental This property is also suboptimal for short-term vacation rentals, as its high price point of €265,000 exceeds the fair market value of €257,985 by 2.6%. Coupled with its moderate condition score of 72/100, potential revenue in the vacation rental market may not justify the upfront investment. Buy-and-hold Investing in this apartment as a buy-and-hold strategy seems unwise due to its current listing price of €265,000 being above the estimated fair value of €257,985, reflecting a 2.6% overpricing. While the property is located in a neighbourhood rated 76/100, the financial implications do not support a buy-and-hold approach given the limited appreciation potential against its overpriced status.
Moderate Economic and Tenant Risk With both economic and tenant stability scores at 75/100, there is a moderate risk of fluctuations in rental income or tenant turnover affecting cash flow.
