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 83 m², built in 1966, energy rating D. Located on rua Bento de Jesus Caraça, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment's original five-bedroom layout has been thoughtfully converted into a T4, enhancing the spaciousness and flow of the living areas while maintaining functional design elements.
The valuation. The asking price of €269,000 is significantly above the fair value of €220,201, marking an overpriced situation by €48,799 (18.1%). This property does not provide an attractive return relative to its asking price.
Fair value modelled at €220,201 from the area baseline, adjusted for condition and location. Asking €269,000 sits €48,799 (18.1%) above — overpriced versus fair value.
Asking €269,000 versus the rua Bento de Jesus Caraça area baseline of €239,704 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 40/100 (Condition 42 · Materials 37 · Room dimensions 45). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 77/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Bento de Jesus Caraça
Area baseline €239,704 + condition -€45,391 + location +€25,888 = modelled fair value of €220,201 (€2,653/m²), a €48,799 (18.1%) gap versus the €269,000 asking price.
Long-term rental Considering the property's listing price of €269,000, which is significantly above its fair value of €220,201, this investment is not well-positioned for a long-term rental strategy. The gross yield of 3.3% also indicates limited financial incentive in a net yield scenario given the current market conditions. Family rental With a property that is overpriced by 18.1%, potential family tenants may be deterred by the high rental costs relative to comparable properties in the area. A low condition score of 40/100 further suggests that maintaining appeal to families may be challenging, diminishing the investment's attractiveness. Buy-and-hold Despite the appeal of the Laranjeiro e Feijó location, the current pricing at €269,000 does not support a buy-and-hold investment thesis due to the pronounced gap from fair value. The combination of modest yield potential and the high acquisition cost makes this strategy less viable for the foreseeable future.
Economic Vulnerability: With an economic stability score of 80, the local economy may still be susceptible to downturns, potentially impacting tenant demand and rental income stability for the property.
