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 143 m², energy rating C. Located on estrada Algazarra, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment includes a pantry for additional storage and offers excellent access to local transportation options, enhancing connectivity and convenience for daily commuters.
The valuation. The asking price of €368,000 sits €94,535 (25.7%) below the fair value of €462,535, establishing the property as underpriced in the current market.
Fair value modelled at €462,535 from the area baseline, adjusted for condition and location. Asking €368,000 sits €94,535 (25.7%) below — the upside to fair value.
Asking €368,000 versus the estrada Algazarra area baseline of €412,984 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 (Condition 68 · Materials 72 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 85/100 (Housing Market 90 · Amenities 80 · Economic 85 · Tenant Quality 85). Strong amenities and housing-market momentum support a premium to baseline.
estrada Algazarra
Area baseline €412,984 + condition -€8,267 + location +€57,818 = modelled fair value of €462,535 (€3,235/m²), a €94,535 (25.7%) gap versus the €368,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Algazarra | Subject | €368,000 | €2,573 | — | 68 | 85 |
| rua da Boa Esperança | Active | €245,000 | €2,356 | 8.5% | 65 | 80 |
| avenida Dom Nuno Álvares Pereira | Active | €420,000 | €2,625 | 2.0% | 65 | 71 |
| Laranjeiro e Feijó · b45306 | Active | €245,000 | €2,849 | 10.7% | 65 | 74 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 023a46 | Active | €395,000 | €2,026 | 21.3% | 75 | 80 |
| Median comp | €320,000 | €2,491 | 3.2% | 65 | 77 |
Long-term rental The 3-bed apartment in Laranjeiro e Feijó offers a promising long-term rental opportunity with a gap of 25.7% below its fair value, ensuring a solid return on investment. With a gross yield of 4.1% and a neighborhood rating of 85/100, this property is likely to attract stable tenants seeking quality housing in a desirable suburban area. Family rental This property is particularly well-suited for family rental given its spacious 143m² layout and favorable neighborhood amenities, rated at 85/100. The apartment's appeal to families is further enhanced by its subvalorizada status, making it a desirable option for those seeking long-term stability in a family-friendly environment. Buy-and-hold Investing in this apartment as a buy-and-hold strategy is supported by its strong fair value in comparison to its listing price, presenting a 25.7% opportunity that aligns well with long-term market trends. Given its respectable condition score of 71/100 and steady demand in the area, the property is positioned for appreciation over time, ensuring solid returns for investors focusing on long-term capital growth.
Market Dependency Risk The property is heavily reliant on the local economy, which, while rated 85/100 for economic stability, may still be vulnerable to unforeseen downturns impacting tenant stability, also rated 85/100.
