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, 1-bathroom apartment of 64 m², energy rating E. Located on rua João Jacinto de Magalhães, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Noteworthy Features: This property benefits from a prime location just minutes from local parks and public transportation, ideal for families seeking convenient urban living in Laranjeiro.
The valuation. The asking price of €260,000 sits €41,261 (18.9%) above the fair value of €218,739, making the property overpriced. This discrepancy indicates that potential buyers should approach with caution regarding the investment's value.
Fair value modelled at €218,739 from 6 comparable sales in the area. Asking €260,000 sits €41,261 (18.9%) above — overpriced versus fair value.
Asking €260,000 versus the rua João Jacinto de Magalhães area baseline of €220,743 (€3,449/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €220,743, adjusted for condition and micro-location, gives a modelled fair value of €218,739 (€3,418/m²), a €41,261 (18.9%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua João Jacinto de Magalhães | Subject | €260,000 | €4,063 | — | 60 | 78 |
| rua Associação de Reformados de Corroios, 3 | Active | €275,000 | €3,354 | 17.4% | — | 82 |
| rua Associação de Reformados de Corroios | Active | €275,000 | €3,354 | 17.4% | — | 83 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 76b44b | Active | €285,000 | €3,851 | 5.2% | 58 | 73 |
| praça de Ceuta | Active | €299,000 | €3,646 | 10.2% | 68 | 74 |
| Median comp | €280,000 | €3,500 | 13.8% | 63 | 78 |
Long-term rental The property is overpriced at €260,000 compared to its fair value of €218,739, indicating a notable gap of 18.9%. With a gross yield of 5%, the investment may struggle to attract long-term tenants given its inflated price. Family rental While the property can cater to families seeking suburban living, the overpricing at €260,000 limits its appeal and undermines potential cash flow. The 5% yield is insufficient to justify the premium above its fair value of €218,739, making it a less attractive option for family rentals. Buy-and-hold Considering the property is overpriced at €260,000, the investment carries a risk that may hinder long-term capital appreciation. The fair value assessment at €218,739 suggests that holding this asset may not yield desirable returns in the future, particularly with the current yield at only 5%.
Tenant turnover risk: With a tenant stability score of 70/100, there is a heightened risk of turnover, potentially leading to increased vacancy rates and associated costs.
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
