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.
0-bedroom, 0-bathroom office_building of 346 m², built in 2013, energy rating D. Located Laranjeiro e Feijó parish, Almada municipality, Setúbal district. This property features a spacious training room in the basement and a large terrace on the first floor, offering versatile options for corporate events and outdoor breaks.
The valuation. The asking price of €460,000 is significantly below the fair value of €1,106,104, representing a difference of €646,104 (140.5%). This property is classified as underpriced.
Fair value modelled at €1,106,104 from the area baseline, adjusted for condition and location. Asking €460,000 sits €646,104 (140.5%) below — the upside to fair value.
Asking €460,000 versus the Laranjeiro e Feijó, Almada, Setúbal area baseline of €999,248 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 76 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 70 · Amenities 75 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Laranjeiro e Feijó, Almada, Setúbal
Area baseline €999,248 + condition +€18,922 + location +€87,934 = modelled fair value of €1,106,104 (€3,197/m²), a €646,104 (140.5%) gap versus the €460,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Laranjeiro e Feijó · 5230a6 | Subject | €460,000 | €1,329 | — | 76 | 72 |
| rua João Gomes Abreu, 1 | Active | €239,000 | €1,440 | 8.3% | — | 74 |
| Caparica e Trafaria · de0bbc | Active | €269,000 | €2,745 | 106.5% | 70 | 74 |
| travessa João Black | Active | €360,000 | €2,769 | 108.3% | 76 | 68 |
| Almada, Cova da Piedade, Pragal e Cacilhas · c1f127 | Active | €0 | €0 | 100.0% | — | 78 |
| Median comp | €254,000 | €2,093 | 57.4% | 73 | 74 |
Long-term rental This property, with a fair value significantly higher than its listing price, presents an excellent opportunity for long-term rental income in a suburban area of Almada. Its proximity to Lisbon ensures a steady demand for residential tenants, bolstered by a decent condition rating of 79/100. Buy-and-hold Given the substantial gap between the listing and fair value, this property represents a strong buy-and-hold investment for the long term. The favorable neighborhood score of 72/100 adds confidence to the potential appreciation of the asset over time. Value-add renovation Investors can leverage the current pricing dynamics to implement value-add renovations, capitalizing on the property’s solid condition rating. Enhancing its appeal may yield increased returns in this suburban market as demand for well-maintained office spaces rises. Not ideal for short-term vacation rental This property is not suitable for short-term vacation rental, as its suburban location may not attract transient guests consistently. Additionally, the zero gross yield indicates that it is better positioned for longer-term investment strategies. Not ideal for luxury market With its current structure and evaluated condition, the property is not aligned with the luxury market, which may lead to limited interest from high-end tenants. The neighborhood's characteristics also suggest that luxury offerings could be challenging to sustain. Not ideal for student housing Given the property’s office designation and location outside traditional student hubs, it isn’t well-suited for student housing opportunities. The demand dynamics in the area do not favor such conversion due to a lack of nearby educational institutions.
Economic and Tenant Stability Risk The combined economic stability score of 70 and tenant stability score of 70 suggests a moderate risk of tenant turnover and potential fluctuations in rental income, which could negatively impact cash flow.
