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 87 m² on the 4th floor, energy rating D. Located on praceta Raúl Brandão, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment boasts unobstructed views of Cristo Rei, enhancing the ambiance with stunning sunsets, and includes a cozy living room complete with a fireplace for added warmth and charm.
The valuation. The asking price of €376,500 is substantially above the fair value of €257,045, representing an excessive premium of €119,455 (46.5%). This property is considered overpriced based on current market conditions.
Fair value modelled at €257,045 from 6 comparable sales in the area. Asking €376,500 sits €119,455 (46.5%) above — overpriced versus fair value.
Asking €376,500 versus the praceta Raúl Brandão area baseline of €220,361 (€2,533/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €220,361, adjusted for condition and micro-location, gives a modelled fair value of €257,045 (€2,955/m²), a €119,455 (46.5%) gap versus the €376,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Raúl Brandão | Subject | €376,500 | €4,328 | — | 75 | 70 |
| Corroios · 25f736 | Active | €320,000 | €2,909 | 32.8% | 85 | 76 |
| praça Capitães de Abril | Active | €395,000 | €4,438 | 2.6% | 82 | 72 |
| Corroios · b45351 | Active | €280,000 | €3,333 | 23.0% | 80 | 76 |
| rua Alves Redol Nr, 5, 5 | Active | €285,000 | €3,000 | 30.7% | 75 | 76 |
| Median comp | €302,500 | €3,167 | 26.8% | 81 | 76 |
Long-term rental This 3-bed apartment in Almada, priced at €376,500, is overpriced with a 46.5% gap compared to its fair value of €257,045. The gross yield of 3.1% suggests that the investment return is insufficient relative to the asking price. Buy-and-hold Given that the property is listed well above its fair value, projecting long-term appreciation may not justify the current price of €376,500. Investors should be cautious as the potential for value growth may not align with the significant 46.5% premium over fair value. Family rental With a fair value of €257,045, the €376,500 price tag makes this apartment an unattractive option for family rentals, as the yield of 3.1% indicates limited financial upside. The property’s condition and neighborhood scores are respectable, but they do not compensate for its significant overpricing. Not ideal for: Luxury market, Short-term rental, Student housing This property is not suited for the luxury market or short-term rentals due to its high price relative to fair value. Furthermore, the surrounding neighborhood may not attract the student demographic sought after in rental properties, making it an unsuitable investment.
Tenant turnover risk High tenant turnover with a tenant stability score of 60/100 could lead to increased vacancy rates and associated costs.
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