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.
4-bedroom, 2-bathroom apartment of 86 m², built in 1971, energy rating C. Located Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Unique Feature: The apartment offers a serene view of surrounding green spaces, enhancing the living experience with natural light and outdoor ambiance, despite its second-floor location without an elevator.
The valuation. The asking price of €245,000 is below the fair value of €259,177, indicating an opportunity. The property is underpriced by €14,177, or 5.8%.
Fair value modelled at €259,177 from the area baseline, adjusted for condition and location. Asking €245,000 sits €14,177 (5.8%) below — the upside to fair value.
Asking €245,000 versus the Laranjeiro e Feijó, Almada, Setúbal area baseline of €248,368 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 65 · Materials 68 · Room dimensions 63). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Laranjeiro e Feijó, Almada, Setúbal
Area baseline €248,368 + condition -€13,034 + location +€23,843 = modelled fair value of €259,177 (€3,014/m²), a €14,177 (5.8%) gap versus the €245,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Laranjeiro e Feijó · b45306 | Subject | €245,000 | €2,849 | — | 65 | 74 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 023a46 | Active | €395,000 | €2,026 | 28.9% | 75 | 80 |
| praça da Portela | Active | €429,000 | €2,648 | 7.0% | 70 | 75 |
| estrada Algazarra | Active | €368,000 | €2,573 | 9.7% | 68 | 85 |
| Laranjeiro e Feijó · 0015e1 | Active | €365,000 | €3,042 | 6.8% | 65 | 78 |
| Median comp | €381,500 | €2,611 | 8.4% | 69 | 79 |
Long-term rental This property presents a compelling opportunity for long-term rental with a gross yield of 4.1%, which is attractive given the suburban context of Laranjeiro e Feijó. With fair value exceeding the listing price by 5.8%, this investment allows for stable rental income potential while still offering room for property appreciation. Family rental This 4-bed apartment serves as an excellent option for family rental, benefiting from a decent neighborhood score of 74/100. Given its subvalorizada status, families seeking quality space will find this property appealing and accessible, supporting a steady demand for occupancy. Buy-and-hold For a buy-and-hold strategy, the 5.8% gap below fair value indicates a favorable entry point into the real estate market of Almada. The combination of reasonable condition rating and neighborhood amenities makes this an ideal long-term investment opportunity. Not ideal for: Luxury market, Student housing, Short-term vacation rental
Economic Volatility Risk The property is exposed to potential economic downturns, as indicated by its economic stability score of 75/100, which may impact tenant retention as reflected in the tenant stability score of 70/100.