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.
1-bedroom, 1-bathroom apartment of 70 m², built in 1985, energy rating C. Located on rua Carolina Michaelis, 3, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment includes a spacious garage and private storage area, enhancing convenience and ensuring ample room for organization and belongings in a compact living space.
The valuation. The asking price of €320,000 is significantly above the fair value of €224,610, representing an overpricing of €95,390 (29.8%). This discrepancy suggests caution for potential investors.
Fair value modelled at €224,610 from the area baseline, adjusted for condition and location. Asking €320,000 sits €95,390 (29.8%) above — overpriced versus fair value.
Asking €320,000 versus the rua Carolina Michaelis, 3 area baseline of €240,310 (€3,433/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 75 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Carolina Michaelis, 3
Area baseline €240,310 + condition +€5,469 + location +€16,981 = modelled fair value of €224,610 (€3,209/m²), a €95,390 (29.8%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Carolina Michaelis, 3 | Subject | €320,000 | €4,571 | — | 75 | 71 |
| praceta Cidade de Lagos | Active | €287,500 | €5,044 | 10.3% | 75 | 80 |
| avenida 25 de Abril S / N | Active | €228,000 | €4,560 | 0.3% | 70 | 74 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 38c5c8 | Active | €390,000 | €5,065 | 10.8% | 78 | 73 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 38c3f6 | Active | €430,000 | €6,719 | 47.0% | 80 | 75 |
| Median comp | €338,750 | €5,055 | 10.6% | 77 | 75 |
Long-term rental The 1-bed apartment in Laranjeiro e Feijó is overpriced by 29.8%, with a fair value of €224,610 suggesting limited potential for rental yield enhancement beyond the current gross yield of 3%. The appealing proximity to Lisbon may attract long-term tenants, but the price point remains too high relative to overall market conditions. Family rental This property, although in a safe suburban area, is currently overpriced at €320,000, especially considering it only offers a fair value of €224,610. The decent condition score of 80/100 might attract families, but the inflated price could deter prospective tenants looking for value in the surrounding neighborhood. Buy-and-hold Investing in this 1-bed apartment is challenging, as it is priced at a 29.8% premium to its fair value of €224,610, which may limit long-term appreciation potential. While the location provides access to Lisbon's employment and amenities, the current market valuation does not support a solid buy-and-hold strategy. Not ideal for other strategies The property is unsuited for the luxury market and short-term vacation rentals, with its current price being excessively high compared to its fair value. Additionally, it does not cater well to student housing, as the price point exceeds the budget typical of that demographic.
Economic and Tenant Stability Risk The economic and tenant stability scores both at 70/100 indicate a moderate risk of fluctuations in rental income, which could affect overall cash flow stability.
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