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.
1-bedroom, 1-bathroom apartment of 69 m² on the 3rd floor, energy rating C. Located on rua Carolina Michaelis, Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Noteworthy Feature: The apartment includes a dedicated parking space and a storage room, providing additional convenience and value in an area with limited parking options.
The valuation. The asking price of €215,000 is €25,524 (13.5%) above the fair value of €189,476. This property is overpriced given its condition and finishes, which may deter potential buyers.
Fair value modelled at €189,476 from 6 comparable sales in the area. Asking €215,000 sits €25,524 (13.5%) above — overpriced versus fair value.
Asking €215,000 versus the rua Carolina Michaelis area baseline of €204,289 (€2,961/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 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 €204,289, adjusted for condition and micro-location, gives a modelled fair value of €189,476 (€2,746/m²), a €25,524 (13.5%) gap versus the €215,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Carolina Michaelis | Subject | €215,000 | €3,116 | — | 52 | 71 |
| alameda de Guerra Junqueiro, 28 | Active | €259,900 | €2,707 | 13.1% | 60 | 74 |
| rua Martinho d'Assunção | Active | €285,000 | €2,714 | 12.9% | 70 | 70 |
| avenida Luís de Camões, 26 | Active | €250,000 | €2,778 | 10.9% | 65 | 76 |
| rua de José Justino Lopes, 10 | Active | €205,000 | €2,929 | 6.0% | 56 | 78 |
| Median comp | €254,950 | €2,746 | 11.9% | 63 | 75 |
Long-term rental The listing price of €215,000 represents a 13.5% premium over the fair value of €189,476, indicating that this property is overpriced. Although the gross yield of 4.5% may seem attractive, it fails to justify the significant gap to fair value in the long-term rental strategy. Family rental With the property priced above fair value, it may hinder the potential for returns in the family rental market, where competitive pricing is key. The suburban setting offers family-friendly amenities, but the 13.5% markup diminishes the attractiveness of this strategy. Buy-and-hold The current valuation of €215,000 suggests the property is overpriced, which may not support strong capital appreciation over time for buy-and-hold investors. Without a compelling value proposition, the acquisition price could limit long-term profitability in this strategy.
Economic downturn risk The economic stability score of 70/100 suggests potential vulnerability to market fluctuations that could impact rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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