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, 2-bathroom apartment of 68 m², energy rating B. Located Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Noteworthy Features: The property includes a private terrace with open views, and a fully equipped independent T2 on the ground floor, adding versatility for guests or rental income.
The valuation. The asking price of €800,000 is significantly higher than the fair value of €222,674, indicating an overvaluation of €577,326 (72.2%). This property is not a deal based on its current pricing.
Fair value modelled at €222,674 from the area baseline, adjusted for condition and location. Asking €800,000 sits €577,326 (72.2%) above — overpriced versus fair value.
Asking €800,000 versus the Laranjeiro e Feijó, Almada, Setúbal area baseline of €196,384 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Laranjeiro e Feijó, Almada, Setúbal
Area baseline €196,384 + condition +€7,438 + location +€18,853 = modelled fair value of €222,674 (€3,275/m²), a €577,326 (72.2%) gap versus the €800,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Laranjeiro e Feijó · 90d8b6 | Subject | €800,000 | €11,765 | — | 80 | 74 |
| Corroios · 49b846 | Active | €459,000 | €3,210 | 72.7% | 73 | 76 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 65a6f1 | Active | €465,000 | €4,471 | 62.0% | 75 | 82 |
| Corroios · 0239dc | Active | €595,000 | €2,793 | 76.3% | 74 | 74 |
| rua General Humberto Delgado, 11 | Active | €359,900 | €3,272 | 72.2% | 77 | 72 |
| Median comp | €462,000 | €3,241 | 72.5% | 75 | 75 |
Long-term rental The property is significantly overpriced at €800,000, with a fair value estimated at only €222,674, resulting in a 72.2% gap. This discourages investment for long-term rental purposes, as the gross yield of 1.6% is considerably below market benchmarks, indicating low profitability potential. Family rental While the neighbourhood has a decent tenant quality rating of 74/100, the apartment's high price point makes it a less attractive option for family rental. This property is not positioned to offer a competitive return given its significant price overvaluation and low yield. Buy-and-hold The apartment's condition rating of 82/100 suggests it is well-maintained, yet this does not mitigate the concerns of its vastly inflated price compared to fair value. Holding onto this asset poses a risk due to the 72.2% overvaluation, making it unlikely to meet long-term investment expectations. Not ideal for Luxury market, Short-term vacation rental, Student housing.
Economic downturn risk The economic stability score of 70 indicates a potential for moderate economic fluctuations that could impact tenant retention and rental income.