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 96 m², energy rating E. Located on rua Doutor António Elvas, 97, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment includes a 56 m² private courtyard divided for outdoor dining and a dedicated horticulture area, uniquely balancing urban living with personal green space.
The valuation. The asking price of €240,000 is below the fair value of €279,746, indicating an underpriced opportunity by €39,746 (16.6%). Buy-to-flip angle. The strategy focuses on minor renovations to enhance the property’s appeal, aiming for a quick resale in a rising market. Buy-to-let angle. By leasing at an estimated €940/month, the gross yield stands at 4.7%, making this property attractive for long-term rental income.
Fair value modelled at €279,746 from the area baseline, adjusted for condition and location. Asking €240,000 sits €39,746 (16.6%) below — the upside to fair value.
Asking €240,000 versus the rua Doutor António Elvas, 97 area baseline of €277,248 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 (Condition 62 · Materials 58 · Room dimensions 63). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 70 · Amenities 70 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Doutor António Elvas, 97
Area baseline €277,248 + condition -€21,900 + location +€24,398 = modelled fair value of €279,746 (€2,914/m²), a €39,746 (16.6%) gap versus the €240,000 asking price.
Long-term rental The property presents an attractive yield of 4.7%, appealing to the growing demand for long-term rentals in the suburban areas of Almada, particularly among middle-class families. With a fair value of €279,746, the listing at €240,000 demonstrates a solid opportunity for steady cash flow while enjoying an appreciation potential given the demographic trends. Buy-and-hold Investing in this 2-bed apartment aligns well with a buy-and-hold strategy, allowing for capital appreciation alongside rental income, especially with a fair value gap of 16.6%. The suburban location, characterized by good amenities and a low crime rate, supports future growth and resell potential within the area. Family rental Given its size and fair value, this property caters well to family rentals, tapping into the needs of middle-class demographics in Laranjeiro e Feijó. The neighborhood's solid score of 72/100 enhances its appeal, making it a desirable option for families seeking quality living environments close to Lisbon.
Economic downturn risk With an economic stability score of 80/100, there's still a risk of fluctuations impacting tenant security given the tenant stability score of 70/100, which suggests potential instability in rental income.
