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 80 m², energy rating C. Located Laranjeiro e Feijó parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment includes a private backyard of 13.5m², enhancing outdoor living space despite the significant deterioration of the adjacent terrace.
The valuation. The asking price of €329,000 is significantly above its fair value of €294,087, resulting in an overpriced assessment of €34,913 (11.9%). This premium does not align with the current market expectations. Buy-to-flip angle. A resale strategy could target renovations that appeal to the family demographic, aiming for a significant markup upon sale, given the property’s condition and upgrades. A well-executed flip could yield a competitive return in this suburban locale. Buy-to-let angle. Renting this apartment at an estimated €905/month achieves a gross yield of 3.3%. The family-friendly surroundings and strong commuter influence make it an attractive rental opportunity in the long-term residential market.
Fair value modelled at €294,087 from 6 comparable sales in the area. Asking €329,000 sits €34,913 (11.9%) above — overpriced versus fair value.
Asking €329,000 versus the Laranjeiro e Feijó, Almada, Setúbal area baseline of €271,541 (€3,394/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €271,541, adjusted for condition and micro-location, gives a modelled fair value of €294,087 (€3,676/m²), a €34,913 (11.9%) gap versus the €329,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Laranjeiro e Feijó · 9c7c41 | Subject | €329,000 | €4,113 | — | 72 | 64 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 83169c | Active | €299,600 | €4,161 | 1.2% | 73 | 68 |
| rua do Feijó, 28 | Active | €340,000 | €3,469 | 15.6% | 72 | 75 |
| rua do Armeiro-Mor, 7 | Active | €345,000 | €3,833 | 6.8% | 80 | 75 |
| rua Doctor António Elvas | Active | €310,000 | €3,647 | 11.3% | 82 | 76 |
| Median comp | €325,000 | €3,740 | 9.1% | 77 | 75 |
Long-term rental The property is priced at €329,000, which exceeds the fair value of €294,087 by 11.9%, indicating it is overpriced. With a gross yield of only 3.3%, this investment may not produce sufficient cash flow for a long-term rental strategy. Family rental The apartment's pricing at €329,000 is above the evaluated fair value of €294,087, showing it is overpriced in the current market. While the neighbourhood is family-friendly, the unattractive yield of 3.3% makes it less appealing for families seeking rental options. Buy-and-hold At a listing price of €329,000, significantly above the fair value of €294,087, the property is clearly overpriced for a buy-and-hold strategy. The combination of a low yield of 3.3% and moderate condition ratings does not support a strong long-term investment case.
Economic Vulnerability With an economic stability score of 65, the property may face challenges during economic downturns, impacting tenant retention and rental income. Tenant Instability A tenant stability score of 60 indicates potential high turnover rates, which can 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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