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 100 m², built in 1988. Located on rua Conde Castelo Melhor, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment boasts expansive balconies offering excellent sun exposure and a welcoming atmosphere, ideal for enjoying the outdoor space in a tranquil residential setting.
The valuation. The asking price of €300,000 is above the fair value of €285,057, indicating an overpriced listing by €14,943, which is about 5.0%. This discrepancy suggests potential disadvantages for buyers.
Fair value modelled at €285,057 from the area baseline, adjusted for condition and location. Asking €300,000 sits €14,943 (5.0%) above — overpriced versus fair value.
Asking €300,000 versus the rua Conde Castelo Melhor area baseline of €288,800 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 56/100 (Condition 60 · Materials 55 · Room dimensions 54). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 78 · Tenant Quality 68). Strong amenities and housing-market momentum support a premium to baseline.
rua Conde Castelo Melhor
Area baseline €288,800 + condition -€30,313 + location +€26,570 = modelled fair value of €285,057 (€2,851/m²), a €14,943 (5.0%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Conde Castelo Melhor | Subject | €300,000 | €3,000 | — | 60 | 73 |
| praceta Doutor Barbosa Du Bocage, 1 | Active | €270,000 | €4,286 | 42.9% | 57 | 75 |
| rua da Alegria, 1 | Active | €225,000 | €3,000 | 0% | 60 | 74 |
| rua das Flores | Active | €439,000 | €2,946 | 1.8% | 58 | 75 |
| Laranjeiro e Feijó · ba3ecb | Active | €310,000 | €3,444 | 14.8% | 60 | 76 |
| Median comp | €290,000 | €3,222 | 7.4% | 59 | 75 |
Family rental This 4-bed apartment in Laranjeiro e Feijó is overpriced compared to its fair value of €285,057, indicating limited price elasticity for family-oriented tenants despite its proximity to Lisbon. The current yield of 4.2% gross further emphasizes the challenge in justifying the asking price for families seeking affordability in a competitive market. Long-term rental With a fair value gap of 5.0%, this property does not present a compelling opportunity for long-term rental investments, as the price significantly exceeds its perceived worth. The apartment's condition rating of 56/100 may deter potential tenants and reduce the attractiveness of this investment over time. Buy-and-hold The above-market pricing of this apartment at €300,000, combined with a fair value of €285,057, illustrates a poor entry point for a buy-and-hold strategy in the current market. Additionally, the relatively average neighborhood rating of 73/100 suggests that appreciation may be stagnant, further questioning the investment's long-term viability.
Potential Tenant Turnover The tenant stability score of 68/100 indicates a moderate risk of tenant turnover, which may lead to increased vacancy periods and rental income instability.
