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 120 m², energy rating D. Located on rua Eduardo Viana, 2, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment boasts stunning views of Cristo Rei and a glimpse of the 25 de Abril Bridge from the open 35 m² living-dining area, enhancing its appeal. Condition Notes: The property's minimalist design allows for easy personalization, while the fully furnished setup means you can move in immediately with all essentials provided. Location Benefits: Situated next to Parque da Paz, it offers exceptional leisure opportunities and is just a short distance from Lisbon, increasing its investment potential.
The valuation. The asking price of €500,000 exceeds the fair value of €385,455 by €114,545 (22.9%), indicating that the property is overpriced. This price gap suggests limited immediate equity potential for prospective buyers.
Fair value modelled at €385,455 from the area baseline, adjusted for condition and location. Asking €500,000 sits €114,545 (22.9%) above — overpriced versus fair value.
Asking €500,000 versus the rua Eduardo Viana, 2 area baseline of €346,560 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 70 · Economic 90 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Eduardo Viana, 2
Area baseline €346,560 + condition +€5,625 + location +€33,270 = modelled fair value of €385,455 (€3,212/m²), a €114,545 (22.9%) gap versus the €500,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Eduardo Viana, 2 | Subject | €500,000 | €4,167 | — | 75 | 74 |
| largo Soeiro Pereira Gomes, 7, 1ºD | Active | €240,000 | €4,000 | 4.0% | 75 | 76 |
| rua São João, 2 | Active | €275,000 | €3,716 | 10.8% | 74 | 74 |
| praceta José Correia da Serra | Active | €260,000 | €3,562 | 14.5% | 75 | 77 |
| Laranjeiro e Feijó · de0bd4 | Active | €499,000 | €4,229 | 1.5% | 80 | 79 |
| Median comp | €267,500 | €3,858 | 7.4% | 75 | 77 |
Long-term rental The 2-bed apartment in Laranjeiro e Feijó, priced at €500,000, is significantly overpriced with a gap of 22.9% compared to its fair value of €385,455, limiting its attractiveness in the long-term rental market. At a gross yield of only 2.5%, the investment does not generate sufficient returns to justify the high asking price. Buy-and-hold Investing in the 2-bed apartment as a buy-and-hold strategy is not advisable given its current listing of €500,000, which is 22.9% above fair value. With an average condition score of 78/100 and a gross yield of 2.5%, this property does not offer the ideal long-term growth potential needed for a successful buy-and-hold investment. Family rental The property, priced at €500,000 while being overpriced by 22.9% compared to its fair value, falls short as a viable option for family rentals. Although it benefits from a decent condition and neighborhood score, the actual investment return may not appeal to families seeking affordable rental options in the area.
Tenant turnover risk High tenant turnover due to a tenant stability score of 65/100 could lead to increased vacancy rates and additional costs for re-letting the property.