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.
2-bedroom, 1-bathroom apartment of 85 m² on the 3rd floor, built in 1969, energy rating C. Located on rua Doctor António Elvas, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. This apartment's fully equipped contemporary kitchen features high-end built-in appliances and under-cabinet LED lighting, creating a stylish yet practical culinary space.
The valuation. The asking price of €310,000 is below the fair value of €342,739, indicating the property is subpriced by €32,739 (9.6%). This presents a favorable purchasing opportunity in a promising market.
Fair value modelled at €342,739 from 6 comparable sales in the area. Asking €310,000 sits €32,739 (9.6%) below — the upside to fair value.
Asking €310,000 versus the rua Doctor António Elvas area baseline of €307,663 (€3,620/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €307,663, adjusted for condition and micro-location, gives a modelled fair value of €342,739 (€4,032/m²), a €32,739 (9.6%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doctor António Elvas | Subject | €310,000 | €3,647 | — | 82 | 76 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 83169c | Active | €299,600 | €4,161 | 14.1% | 73 | 68 |
| rua Serpa Pinto | Active | €267,500 | €3,993 | 9.5% | 80 | 73 |
| rua Cidade de Tomar | Active | €310,000 | €3,370 | 7.6% | 80 | 74 |
| rua Fernão Lourenço | Active | €315,000 | €4,038 | 10.7% | 80 | 80 |
| Median comp | €304,800 | €4,016 | 10.1% | 80 | 74 |
Long-term rental The property in Laranjeiro e Feijó presents a promising opportunity for long-term rental, as it is currently priced at €310,000, which is 9.6% below its fair value of €342,739. With a gross yield of 3.6% and a neighborhood score of 76/100, it could attract stable tenants seeking proximity to Lisbon’s amenities. Family rental Ideal for family rentals, the apartment's spacious 85m² layout and favorable condition score of 80/100 make it an appealing choice for families looking to settle in the Greater Lisbon area. The competitive price of €310,000, representing a 9.6% discount from the fair value, further supports its attractiveness in a family-friendly neighborhood. Buy-and-hold As a buy-and-hold investment, this property stands out in Almada due to its fair value gap of 9.6%, indicating potential appreciation over time. The blend of a solid gross yield of 3.6% and access to Lisbon’s job market makes this apartment a promising long-term asset in the region. Not ideal for short-term rental Given the overall market conditions and the apartment's positioning in Laranjeiro e Feijó, it does not align with the requirements for a profitable short-term rental strategy. The property may struggle to attract vacationers due to its suburban nature compared to more central locations in Lisbon. Not ideal for luxury market The apartment does not fit the luxury market segment, as its pricing and condition place it more in the accessible housing category rather than high-end offerings. It is better positioned to cater to middle-income earners rather than affluent buyers looking for luxury amenities and finishes.
Tenant turnover risk The tenant stability score of 70/100 indicates a possibility of moderate turnover, which could lead to additional costs and vacancy periods.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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