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 71 m², built in 1989, energy rating D. Located on rua Ramalho Ortigão S / N, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Noteworthy features: The apartment boasts a dedicated eating area in the kitchen and a small pantry for additional storage, enhancing its functionality in everyday living.
The valuation. The asking price of €278,000 is significantly above the fair value of €223,092, which leads to an overpriced verdict of €54,908 (19.8%). This discrepancy suggests potential buyers should approach with caution. Buy-to-flip angle. A buy-to-flip strategy may focus on renovating the kitchen and modernizing finishes to enhance appeal, aiming for a swift resale at a higher price due to improved aesthetics. Buy-to-let angle. As a rental investment, the property could generate an estimated gross income of €880 monthly, resulting in a yield of 3.8%, making it a viable long-term buy-and-hold option in a suburban setting.
Fair value modelled at €223,092 from the area baseline, adjusted for condition and location. Asking €278,000 sits €54,908 (19.8%) above — overpriced versus fair value.
Asking €278,000 versus the rua Ramalho Ortigão S / N area baseline of €205,048 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 76 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 70 · Amenities 70 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Ramalho Ortigão S / N
Area baseline €205,048 + condition +€0 + location +€18,044 = modelled fair value of €223,092 (€3,142/m²), a €54,908 (19.8%) gap versus the €278,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ramalho Ortigão S / N | Subject | €278,000 | €3,915 | — | 72 | 72 |
| parque da Paz | Active | €285,000 | €3,851 | 1.6% | 70 | 78 |
| rua Bento de Jesus Caraça, 51 | Active | €265,000 | €3,232 | 17.5% | 75 | 76 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 0900c2 | Active | €309,500 | €4,240 | 8.3% | 80 | 74 |
| rua Paula Vicente, 6A | Active | €309,500 | €4,240 | 8.3% | 70 | 75 |
| Median comp | €297,250 | €4,046 | 3.3% | 73 | 76 |
Long-term rental Given the listing price of €278,000, the yield of 3.8% gross indicates that this property is overpriced compared to its fair value of €223,092. While the location within Greater Lisbon provides urban amenities and employment opportunities, the 19.8% gap from fair value suggests potential challenges in achieving satisfactory long-term returns. Family rental While the suburban setting may appeal to families, the current price of €278,000 does not align with the property’s fair value of €223,092, marking it as overpriced. Families may seek better value options, especially since the property’s condition and neighborhood ratings do not significantly enhance its rental appeal at this price point. Buy-and-hold Investing in this property as a buy-and-hold strategy is undermined by its listing at €278,000, significantly higher than the fair value of €223,092, indicating it is overpriced. Despite the potential for long-term appreciation in the Greater Lisbon region, the current gap from fair value raises concerns about future profitability and return on investment.
Moderate tenant turnover risk The current tenant stability score of 75 suggests that while tenants are relatively stable, there is still a significant possibility of turnover that could impact occupancy rates and rental income.
