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, 2-bathroom apartment of 82 m² on the 1st floor, built in 1989, energy rating C. Located Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment includes a functional layout with well-distributed rooms and excellent sun exposure, enhancing its cozy atmosphere in a tranquil residential setting.
The valuation. The asking price of €290,000 sits €28,784 (11.0%) above the fair value of €261,216. This property is therefore considered overpriced.
Fair value modelled at €261,216 from 6 comparable sales in the area. Asking €290,000 sits €28,784 (11.0%) above — overpriced versus fair value.
Asking €290,000 versus the Laranjeiro e Feijó, Almada, Setúbal area baseline of €269,104 (€3,282/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €269,104, adjusted for condition and micro-location, gives a modelled fair value of €261,216 (€3,186/m²), a €28,784 (11.0%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Laranjeiro e Feijó · 652f77 | Subject | €290,000 | €3,537 | — | 65 | 78 |
| rua Carolina Michaelis | Active | €349,000 | €3,561 | 0.7% | 75 | 70 |
| rua das Quintas | Active | €299,900 | €3,157 | 10.7% | 65 | 68 |
| rua Doutor António Elvas | Active | €315,000 | €3,214 | 9.1% | — | 76 |
| rua de Alcaniça | Active | €355,000 | €3,586 | 1.4% | 70 | 74 |
| Median comp | €332,000 | €3,388 | 4.2% | 70 | 72 |
Long-term rental The 3-bed apartment in Laranjeiro e Feijó, priced at €290,000, is selling at an 11.0% premium over its fair value of €261,216, indicating that it is overpriced. With a gross yield of 4.6%, potential long-term rental income may be insufficient to justify this elevated price. Family rental Given the family's overall quality rating of 78/100, the property might attract interest from families, but at a listing price of €290,000, it remains overpriced compared to its fair value. This elevated cost could deter families seeking affordable options in the area, despite its proximity to amenities. Buy-and-hold Investing in this apartment for a buy-and-hold strategy appears unattractive, as its value is currently 11.0% above the fair value of €261,216. The combination of a gross yield of 4.6% and a condition score of 68/100 suggests that long-term appreciation may not adequately compensate for the current overvaluation of the property.
Tenant turnover risk High tenant turnover may occur due to the tenant stability score of 75/100, suggesting potential instability in rental income.
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