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 104 m², energy rating C. Located on rua de Almada Negreiros, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Noteworthy Features: The property boasts a spacious hallway that seamlessly connects its various rooms, enhancing flow and functionality for family life. Additional Perk: Its equipped kitchen features a balcony, perfect for casual dining.
The valuation. The asking price of €363,000 is €32,618 (9.0%) above fair value of €330,382, making the property overpriced. Investors should proceed with caution given the current pricing dynamics. Buy-to-flip angle. A buy-to-flip strategy may be employed by improving the bathrooms to enhance overall appeal, potentially reselling at a profit in a market where nearby properties are competitive. Buy-to-let angle. The property could generate an estimated rental income of €1,271/month, resulting in a gross yield of 4.2%, attractive for long-term rental strategies due to its proximity to Lisbon and coastal desirability.
Fair value modelled at €330,382 from the area baseline, adjusted for condition and location. Asking €363,000 sits €32,618 (9.0%) above — overpriced versus fair value.
Asking €363,000 versus the rua de Almada Negreiros area baseline of €300,352 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 (Condition 70 · Materials 75 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 80/100 (Housing Market 90 · Amenities 80 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua de Almada Negreiros
Area baseline €300,352 + condition -€6,013 + location +€36,042 = modelled fair value of €330,382 (€3,177/m²), a €32,618 (9.0%) gap versus the €363,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Almada Negreiros | Subject | €363,000 | €3,490 | — | 70 | 80 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 4a7cb8 | Active | €365,000 | €3,802 | 8.9% | 72 | 80 |
| avenida Dom Nuno Álvares Pereira | Active | €320,000 | €3,232 | 7.4% | 73 | 75 |
| rua Adriano Correia de Oliveira | Active | €335,000 | €3,418 | 2.1% | 70 | 74 |
| rua das Quintas | Active | €299,900 | €3,157 | 9.6% | 65 | 68 |
| Median comp | €327,500 | €3,325 | 4.7% | 71 | 75 |
Long-term rental This property, listed at €363,000, is notably overpriced relative to its fair value of €330,382, creating a 9.0% gap. With a gross yield of 4.2%, it does not present an attractive long-term rental investment opportunity given its lack of price competitiveness. Buy-and-hold While the location near Lisbon provides economic stability and appealing amenities, the €363,000 listing price significantly exceeds the fair value of €330,382, indicating overvaluation. Consequently, the potential for long-term appreciation may be limited in an overpriced market. Family rental The area boasts a good neighborhood rating of 80/100 and a decent condition score of 71/100; however, the property is still overpriced at €363,000 compared to a fair value of €330,382. This overpricing can deter families seeking affordable long-term housing options in a competitive market. Short-term rental Given the property’s overpriced listing of €363,000 against a fair value of €330,382, it does not fit well within the short-term rental strategy. Additionally, its yield and high initial investment pose risks in the short-term rental market. Student housing While the proximity to Lisbon may attract students, the property is overpriced at €363,000, exceeding its fair value of €330,382. This pricing misalignment makes it less feasible for student housing investments in a competitive educational environment.
Tenant turnover impact High tenant turnover could arise from a tenant stability score of 75, leading to increased vacancy and re-leasing costs that could affect cash flow.
