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 100 m² on the 2nd floor, built in 1978, energy rating D. Located Laranjeiro e Feijó parish, Almada municipality, Setúbal district. This apartment includes two spacious balconies, enhancing living space and offering ample natural light throughout the home.
The valuation. The asking price of €264,000 exceeds the fair value of €203,569 by €60,431, indicating that the property is overpriced by 29.7%. This discrepancy suggests caution for prospective buyers. Buy-to-flip angle. The buy-to-flip strategy could be less viable due to the substantial markup, requiring around €60,431 of equity before any resale gains, which diminishes potential profit margins. Buy-to-let angle. With a gross yield of 4.2%, generating approximately €924 monthly, the property could perform adequately as a rental investment, especially given the strength of the local rental market near Lisbon.
Fair value modelled at €203,569 from 6 comparable sales in the area. Asking €264,000 sits €60,431 (29.7%) above — overpriced versus fair value.
Asking €264,000 versus the Laranjeiro e Feijó, Almada, Setúbal area baseline of €191,137 (€1,911/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 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 €191,137, adjusted for condition and micro-location, gives a modelled fair value of €203,569 (€2,036/m²), a €60,431 (29.7%) gap versus the €264,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Laranjeiro e Feijó · 3a7397 | Subject | €264,000 | €2,640 | — | 68 | 80 |
| rua Cidade de Luanda | Active | €180,000 | €2,093 | 20.7% | 60 | 71 |
| Corroios · fb290b | Active | €457,000 | €1,978 | 25.1% | 74 | 69 |
| Laranjeiro e Feijó · 622b44 | Active | €280,000 | €1,564 | 40.7% | 70 | 76 |
| Laranjeiro e Feijó · efdcdf | Active | €237,000 | €2,633 | 0.3% | 72 | 72 |
| Median comp | €258,500 | €2,036 | 22.9% | 71 | 72 |
Long-term rental The gross yield of 4.2% might seem attractive; however, with the property being overpriced at €264,000 versus a fair value of €203,569, the investment does not present a compelling financial opportunity. Even in a suburban location like Laranjeiro e Feijó, the pricing gap suggests limited future appreciation potential. Family rental While the neighborhood scores a respectable 80/100, the current listing price significantly exceeds fair market value, indicating that families may be uninterested in such an overpriced option. The well-maintained condition of 71/100 does not compensate for the high costs, diminishing its appeal for family rentals. Buy-and-hold Despite the suburban location's strong demand, purchasing this property at a 29.7% premium over fair value restricts profitability for a buy-and-hold strategy. Investors could face challenges in achieving adequate returns as the market adjusts to the inflated pricing of €264,000, which is difficult to justify with current rent levels.
Tenant turnover risk A tenant stability score of 75/100 indicates a moderate risk of tenant turnover, which can lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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