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.
2-bedroom, 1-bathroom apartment of 75 m², built in 1988, energy rating D. Located on rua Luís de Camões S / N, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. This apartment's balcony enhances its appeal, offering a private outdoor space for relaxation amidst a bustling urban environment, and its elevator access ensures convenience for everyday living.
The valuation. The asking price of €249,000 is €29,845 or 12.0% above the fair value of €219,155, indicating the property is overpriced. This discrepancy suggests caution for potential buyers in assessing its true worth. Buy-to-flip angle. A resale strategy focused on renovations could appeal to buyers willing to invest in upgrades to increase the property's value. Targeting a price closer to fair value after improvements may yield a profitable flip. Buy-to-let angle. With an estimated gross yield of 3.8%, the apartment offers potential for stable rental income of approximately €788 per month. This is attractive for long-term investments in a market marked by a stable suburban demand.
Fair value modelled at €219,155 from the area baseline, adjusted for condition and location. Asking €249,000 sits €29,845 (12.0%) above — overpriced versus fair value.
Asking €249,000 versus the rua Luís de Camões S / N area baseline of €216,600 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 (Condition 60 · Materials 50 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 80/100 (Housing Market 80 · Amenities 80 · Economic 90 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Luís de Camões S / N
Area baseline €216,600 + condition -€23,438 + location +€25,992 = modelled fair value of €219,155 (€2,922/m²), a €29,845 (12.0%) gap versus the €249,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Luís de Camões S / N | Subject | €249,000 | €3,320 | — | 60 | 80 |
| largo Henrique Pinto | Active | €262,500 | €3,500 | 5.4% | — | 71 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 99f2c1 | Active | €255,000 | €3,400 | 2.4% | 67 | 76 |
| rua Armando Cortesão, 25 | Active | €270,000 | €3,462 | 4.3% | 60 | 78 |
| avenida Dom Nuno Álvares Pereira, 56 | Active | €285,000 | €3,851 | 16.0% | 60 | 73 |
| Median comp | €266,250 | €3,481 | 4.8% | 60 | 75 |
Family rental The 2-bed apartment in Laranjeiro e Feijó is priced at €249,000, which is 12.0% above its fair value of €219,155, indicating a missed opportunity for rent-focused investors. While the neighbourhood boasts a strong tenant quality with a rating of 80/100, the gross yield of 3.8% suggests that the investment may not generate optimal returns in the family rental sector. Buy-and-hold At €249,000, this property is assessed at 12.0% over its fair value of €219,155, making it a less attractive buy-and-hold option in the current market. The apartment's decent condition score of 55/100 coupled with stable demand in this affluent suburb may not justify the inflated price for long-term appreciation. Long-term rental With a listing price of €249,000, significantly over the fair value of €219,155, potential long-term rental investors may find this property overpriced. Despite the appealing neighbourhood score of 80/100 and a relatively low crime rate, the gross yield of 3.8% falls short of expectations for a lucrative long-term rental investment.
Tenant turnover risk: With a tenant stability score of 70/100, there is a potential risk of increased turnover, which could lead to higher vacancy rates and additional costs for tenant acquisition and property maintenance.
