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 71 m², energy rating C. Located on rua José Malheiro S / N, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment includes a practical 8m² storage room on the top floor, enhancing space efficiency in an area highly valued for its central location and accessibility.
The valuation. The asking price of €279,000 is €47,904 above the fair value of €231,096, representing a 17.2% premium. This indicates that the property is overpriced in the current market.
Fair value modelled at €231,096 from the area baseline, adjusted for condition and location. Asking €279,000 sits €47,904 (17.2%) above — overpriced versus fair value.
Asking €279,000 versus the rua José Malheiro S / N area baseline of €205,048 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 74 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 80/100 (Housing Market 80 · Amenities 80 · Economic 85 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua José Malheiro S / N
Area baseline €205,048 + condition +€1,442 + location +€24,606 = modelled fair value of €231,096 (€3,255/m²), a €47,904 (17.2%) gap versus the €279,000 asking price.
Long-term rental The 1-bed apartment in Almada is currently overpriced at €279,000, creating a gap of 17.2% against its fair value of €231,096. With a gross yield of only 3%, the potential returns do not justify the initial investment in the long-term rental market. Family rental While this property benefits from a good neighbourhood rating of 80/100, its price point remains above fair value and may limit its attractiveness to family renters seeking reasonable housing options. The moderate yield further suggests that families may find better value elsewhere, making this strategy less viable. Buy-and-hold Investing in this 1-bed apartment as a buy-and-hold strategy is not advisable due to its overpriced status. Even with a decent condition rating of 76/100, the expected long-term appreciation does not outweigh the fact that the property is currently valued 17.2% above fair market value. Short-term rental Given the property's overpriced status and the 3% gross yield, pursuing a short-term rental strategy is unlikely to yield satisfactory returns. The suburban location of Almada may further limit appeal to short-term tenants, necessitating better pricing for competitive attractiveness. Luxury market This property does not fit into the luxury market segment, particularly due to its overpriced valuation compared to fair market expectations. Potential buyers looking for luxury options are unlikely to consider an apartment that is priced above its fair value when seeking premium features and amenities.
Economic Downturn Risk A potential economic downturn could negatively impact rental income, considering a robust economic stability score of 85/100 paired with a lower tenant stability score of 75/100 may indicate vulnerabilities in long-term tenant commitments.
