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, 1-bathroom apartment of 99 m², built in 1981, energy rating D. Located on rua Afonso de Paiva, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Noteworthy features: The apartment highlights include spacious balconies ideal for entertaining, complemented by abundant natural light that enhances the warm, inviting atmosphere throughout the home.
The valuation. The asking price of €298,000 is slightly above the fair value of €297,581, representing an overpricing of €419 (0.1%). This suggests that potential buyers may need to negotiate to reach a more equitable price. Buy-to-flip angle. A buy-to-flip strategy could focus on cosmetic upgrades to enhance appeal and potentially fetch a higher resale value. Targeting a quick sale to capitalize on market conditions can maximize returns. Buy-to-let angle. With an estimated monthly rental income of €944, the property offers a gross yield of 3.8%. This consistent income stream makes it a viable option for investors seeking long-term cash flow in the competitive Lisbon metro area.
Fair value modelled at €297,581 from the area baseline, adjusted for condition and location. Asking €298,000 sits €419 (0.1%) above — overpriced versus fair value.
Asking €298,000 versus the rua Afonso de Paiva area baseline of €285,912 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 65 · Materials 68 · Room dimensions 62). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 70 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Afonso de Paiva
Area baseline €285,912 + condition -€15,778 + location +€27,448 = modelled fair value of €297,581 (€3,006/m²), a €419 (0.1%) gap versus the €298,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Afonso de Paiva | Subject | €298,000 | €3,010 | — | 65 | 74 |
| rua Afonso de Paiva, 1 | Active | €299,000 | €3,691 | 22.6% | 65 | 73 |
| rua Gaspar Correia | Active | €265,000 | €3,118 | 3.6% | 65 | 74 |
| avenida Dom Nuno Álvares Pereira, 56 | Active | €285,000 | €3,851 | 27.9% | 60 | 73 |
| rua Armando Cortesão, 25 | Active | €270,000 | €3,462 | 15.0% | 60 | 78 |
| Median comp | €277,500 | €3,577 | 18.8% | 63 | 74 |
Long-term rental The property is overpriced with a slight deviation from fair value at 0.1%, leading to a potential limit on rental profitability. The current yield of 3.8% gross may not justify the higher price point given the existing condition rating of 65/100 and the overall appealing yet not exceptional neighbourhood rating of 74/100. Family rental Charging above fair value for this apartment may result in reduced demand among families looking for suitable housing. Despite its proximity to the Lisbon job market and adequate amenities, the current pricing puts it out of reach for budget-conscious family tenants. Buy-and-hold As the apartment is assessed as overpriced, long-term appreciation prospects are diminished due to the minor gap from fair value. Investors may find it challenging to achieve solid returns on investment, particularly given the apartment's average neighborhood ranking and condition that might require future capital expenditures.
Economic Dependency Risk The property is exposed to economic fluctuations due to its economic stability score of 80, indicating reliance on the broader market, while a tenant stability score of 75 suggests potential volatility in rental income.
