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 94 m², built in 1989, energy rating C. Located on rua Damião Peres, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment boasts a spacious living area that flows onto a sunlit balcony, perfect for outdoor relaxation and entertaining guests. Condition Notes: While functional, some areas would benefit from minor updates.
The valuation. The asking price of €310,000 is significantly above the fair value of €272,244, exceeding it by €37,756 or 12.2%. Therefore, the property can be considered overpriced.
Fair value modelled at €272,244 from the area baseline, adjusted for condition and location. Asking €310,000 sits €37,756 (12.2%) above — overpriced versus fair value.
Asking €310,000 versus the rua Damião Peres area baseline of €271,472 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 (Condition 55 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 71/100 (Housing Market 70 · Amenities 70 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua Damião Peres
Area baseline €271,472 + condition -€22,031 + location +€22,804 = modelled fair value of €272,244 (€2,896/m²), a €37,756 (12.2%) gap versus the €310,000 asking price.
Long-term rental The property is overpriced at €310,000 compared to a fair value of €272,244, indicating a 12.2% gap. Although it offers a gross yield of 3.9%, this financial return may not adequately justify the premium cost. Family rental With a fair value of €272,244, the asking price suggests the property is overpriced at €310,000, resulting in a 12.2% divergence. The neighborhood's decent schools and lower crime rates could attract families, but the elevated price could limit the potential tenant pool. Buy-and-hold Given the property's current listing price of €310,000, it is clearly overpriced relative to the fair value of €272,244, representing a 12.2% discrepancy. The economic stability driven by proximity to Lisbon's employment centers is a positive, yet the financials do not support a solid investment case at this price point.
Economic Downturn Risk The combined economic stability score of 75 and tenant stability score of 70 indicates that a downturn in the local economy could lead to higher vacancy rates and decreased rental income potential.