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.
3-bedroom, 1-bathroom apartment of 64 m², energy rating C. Located on rua João Jacinto de Magalhães, 6, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Noteworthy Features: Recently remodeled with energy-efficient appliances, this apartment includes double-glazed windows with an oscillating system and electric shutters for enhanced comfort and security. Additional Context: Situated in Laranjeiro, it boasts excellent accessibility to coastal areas and a rich cultural heritage.
The valuation. The asking price of €295,000 is significantly over the fair value of €127,576, resulting in an excess of €167,424 (56.8%), indicating that the property is overpriced.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua João Jacinto de Magalhães, 6 | Subject | €295,000 | €4,609 | — | — | 74 |
| rua Cidade de Sá da Bandeira | Active | €290,000 | €3,258 | 29.3% | 70 | 81 |
| rua Cidade de Tomar, 5 | Active | €249,000 | €3,113 | 32.5% | 60 | 77 |
| Corroios · ba3dbf | Active | €269,000 | €2,956 | 35.9% | 60 | 75 |
| Median comp | €269,000 | €3,113 | 32.5% | 60 | 77 |
Long-term rental The property is overpriced at €295,000, significantly exceeding the fair value of €127,576, indicating a purchasing error for a long-term rental investment. The gross yield of 4.2% is insufficient to justify the elevated price, especially given the property's poor condition rating of 0/100. Family rental At a listing price of €295,000, this apartment does not represent a viable option for a family rental investment, as it is overpriced compared to the fair value of €127,576. The subpar condition rating further diminishes its appeal for families seeking a comfortable living environment. Buy-and-hold Investing in this property at the current asking price of €295,000 would not be advisable for a buy-and-hold strategy, considering it is overpriced with a significant gap of 56.8% from its fair value of €127,576. The potential for appreciation is limited due to its poor condition and the overall financial performance metrics not supporting the investment. Not ideal for The property is not suitable for short-term vacation rental due to being overpriced and lacking desirable features. Similarly, it does not fit the luxury market or student housing sector, as those segments typically demand better conditions and value propositions, which this apartment fails to offer.
Potential tenant turnover risk The economic stability score of 75/100 and tenant stability score of 75/100 indicate a moderate risk of tenant turnover, which could affect rental income consistency.
Year 1, before income tax (IRS or IRC). Includes IMT, stamp duty, IMI and AIMI for a resident individual. Estimate: check with your accountant.
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