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 115 m² on the 3rd floor, energy rating D. Located on parque da Paz, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment includes a spacious 45m² garage, ideal for both parking and additional storage needs, enhancing its practicality for residents with multiple vehicles or hobbies.
The valuation. The asking price of €355,000 sits €20,188 (6.0%) above the fair value of €334,813. This valuation is considered fair based on current market conditions.
Fair value modelled at €334,813 from 6 comparable sales in the area. Asking €355,000 sits €20,188 (6.0%) above — overpriced versus fair value.
Asking €355,000 versus the parque da Paz area baseline of €322,034 (€2,800/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 is below the parish average, reducing 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 €322,034, adjusted for condition and micro-location, gives a modelled fair value of €334,813 (€2,911/m²), a €20,188 (6.0%) gap versus the €355,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| parque da Paz | Subject | €355,000 | €3,087 | — | 64 | 69 |
| rua da Bela Vista, 65 | Active | €295,000 | €3,172 | 2.8% | 70 | 78 |
| rua da Boa Esperança | Active | €245,000 | €2,356 | 23.7% | 65 | 80 |
| rua Augusto Gil | Active | €350,000 | €3,241 | 5.0% | 74 | 81 |
| estrada Algazarra | Active | €368,000 | €2,573 | 16.6% | 68 | 85 |
| Median comp | €322,500 | €2,873 | 6.9% | 69 | 81 |
Long-term rental The 3-bed apartment in Laranjeiro e Feijó offers a fair opportunity for long-term rental, reflecting a gross yield of 3.7%. Despite its fair pricing relative to the fair value, the condition of the property and the neighborhood's overall rating indicate a balance of risk and reward for steady rental income. Family rental With a commendable size of 115m², this apartment is a suitable choice for family rental, providing adequate space for households. The fair valuation underscores its alignment with typical family requirements, yet the condition score suggests some renovations could enhance its appeal. Buy-and-hold Investing in this property as a buy-and-hold strategy could yield acceptable returns due to its consistent position in the market, reflected by a fair valuation. Though it isn't a standout opportunity, the manageable yield of 3.7% and stable neighborhood factors could allow for gradual appreciation over time.
Potential Economic Fluctuation The economic and tenant stability scores of 70/100 indicate a moderate risk of fluctuations in rental income and tenant turnover, which may impact overall cash flow stability.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
