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 73 m², built in 1971, energy rating C. Located on terreiro da Esperança, 5, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Noteworthy Features: The property offers a unique opportunity for space reconfiguration, allowing the transformation into a 3-bedroom layout for enhanced comfort and greater market appeal. Location Details: Nestled on a quiet street, it provides immediate access to commerce, services, schools, and public transportation, enhancing its desirability for families and investors alike.
The valuation. The asking price of €309,000 is significantly above the fair value of €223,466, indicating an overvaluation of €85,534 (27.7%). This property fails to present an appealing investment opportunity due to its excessive asking price.
Fair value modelled at €223,466 from the area baseline, adjusted for condition and location. Asking €309,000 sits €85,534 (27.7%) above — overpriced versus fair value.
Asking €309,000 versus the terreiro da Esperança, 5 area baseline of €252,799 (€3,463/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 72 · Materials 75 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
terreiro da Esperança, 5
Area baseline €252,799 + condition -€8,441 + location +€21,082 = modelled fair value of €223,466 (€3,061/m²), a €85,534 (27.7%) gap versus the €309,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| terreiro da Esperança, 5 | Subject | €309,000 | €4,233 | — | 72 | 75 |
| Almada, Cova da Piedade, Pragal e Cacilhas · b45307 | Active | €305,000 | €3,389 | 19.9% | 60 | 78 |
| rua João Jacinto de Magalhães | Active | €295,000 | €4,214 | 0.4% | — | 76 |
| rua José Correia da Serra | Active | €235,000 | €2,901 | 31.5% | 71 | 73 |
| praceta Barbosa do Bocage | Active | €310,000 | €3,875 | 8.5% | — | 75 |
| Median comp | €300,000 | €3,632 | 14.2% | 66 | 76 |
Long-term rental This property, listed at €309,000, is considered overpriced compared to its fair value of €223,466, indicating a gap of 27.7%. With a gross yield of only 3.4%, the long-term rental viability appears less appealing in light of the elevated purchase price. Family rental While this apartment could appeal to families given its three-bedroom layout, its current listing price significantly exceeds fair market value, suggesting it is overpriced. The 68/100 condition score further highlights that the property may not provide the best rental experience for families in the competitive market. Buy-and-hold Investing in this property as a buy-and-hold strategy seems unwise due to its overpriced status, with a valuation gap of 27.7% indicating potential overcommitment. The combination of modest yield and an average neighborhood score of 75/100 does not justify the high asking price for long-term appreciation. Not ideal for short-term vacation rental The property’s pricing makes it unsuitable for a short-term vacation rental strategy, as potential returns are undermined by the excessive listing compared to fair value. Additionally, the suburban setting with a focus on family-oriented amenities further detracts from its appeal for transient guests. Not ideal for student housing Given its high price point, this property is not an ideal choice for student housing, as the demand for affordability remains paramount in this sector. The gap from fair value suggests that potential rental yields may not attract the desired student demographic looking for cost-effective accommodation options.
Tenant turnover risk A tenant stability score of 70 indicates a moderate risk of turnover, which could lead to increased vacancy rates and potential loss of income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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