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 117 m² on the 3rd floor, energy rating C. Located on avenida Arsenal do Alfeite, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment boasts a panoramic view of the iconic Cristo Rei statue and offers shared access to a top-floor storage area for added convenience.
The valuation. The asking price of €349,000 sits slightly below the fair value of €354,153, representing a minor difference of €5,153 or 1.5%. This indicates that the property is fairly priced.
Fair value modelled at €354,153 from 6 comparable sales in the area. Asking €349,000 sits €5,153 (1.5%) below — the upside to fair value.
Asking €349,000 versus the avenida Arsenal do Alfeite area baseline of €327,535 (€2,799/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €327,535, adjusted for condition and micro-location, gives a modelled fair value of €354,153 (€3,027/m²), a €5,153 (1.5%) gap versus the €349,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Arsenal do Alfeite | Subject | €349,000 | €2,983 | — | 72 | 71 |
| parque da Paz | Active | €462,000 | €2,800 | 6.1% | 72 | 69 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 831408 | Active | €310,000 | €3,229 | 8.3% | 72 | 75 |
| rua de São Lourenço Poente, 60 | Active | €285,000 | €3,032 | 1.6% | 74 | 76 |
| largo Costa Pinto, 18 | Active | €375,000 | €3,099 | 3.9% | 70 | 72 |
| Median comp | €342,500 | €3,066 | 2.8% | 72 | 74 |
Family rental This property presents a moderate yield of 4.5% gross, making it an appropriate choice for family rental in a suburban area of Laranjeiro e Feijó. With the neighbourhood rating at 71/100, it offers essential amenities that appeal to long-term tenants seeking a stable living environment. Long-term rental At a fair value of €354,153, this 3-bed apartment in Almada could serve well as a long-term rental property, given its simply acceptable condition rating of 73/100. The area offers a balanced mix of affordability and accessibility, ensuring steady demand among potential renters. Buy-and-hold Investing in this property as a buy-and-hold strategy could yield consistent cash flow due to its fair pricing and solid gross yield of 4.5%. Future growth potential may be limited; however, the surrounding metropolitan context provides some reassurance for long-term investments in a suburban setting.
Tenant turnover risk The tenant stability score of 60/100 indicates a moderate likelihood of turnover, which may lead to increased vacancy periods 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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