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 90 m², energy rating C. Located on praça Camilo Castelo Branco, 1, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This property features a spacious living room that opens directly onto a private balcony, offering stunning views of Parque dos Sinais, enhancing the urban living experience.
The valuation. The asking price of €339,000 is significantly above the fair value of €298,202, reflecting a premium of €40,798 (12.0%). This property is considered overpriced based on current market metrics.
Fair value modelled at €298,202 from the area baseline, adjusted for condition and location. Asking €339,000 sits €40,798 (12.0%) above — overpriced versus fair value.
Asking €339,000 versus the praça Camilo Castelo Branco, 1 area baseline of €308,970 (€3,433/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 75 · Materials 88 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 80 · Economic 85 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
praça Camilo Castelo Branco, 1
Area baseline €308,970 + condition +€11,250 + location +€27,032 = modelled fair value of €298,202 (€3,313/m²), a €40,798 (12.0%) gap versus the €339,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça Camilo Castelo Branco, 1 | Subject | €339,000 | €3,767 | — | 75 | 76 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 73563d | Active | €285,000 | €3,314 | 12.0% | 72 | 75 |
| Laranjeiro e Feijó · 6d511f | Active | €349,000 | €4,309 | 14.4% | 80 | 78 |
| rua Rainha Santa Isabel | Active | €290,000 | €3,085 | 18.1% | 72 | 79 |
| praceta de Ricardo Jorge, 5 | Active | €385,000 | €3,889 | 3.2% | 80 | 75 |
| Median comp | €319,500 | €3,602 | 4.4% | 76 | 77 |
Family rental The 3-bed apartment in Almada, with a gross yield of 3.6%, is situated in a suburban area that is generally stable but is currently priced at 12% above its fair value. This makes it a less attractive option for families seeking rental properties, as they might find better deals in the market. Buy-and-hold Investing in this apartment for a buy-and-hold strategy may present challenges since the current listing price of €339,000 exceeds the fair value of €298,202 by 12%. This overvaluation makes the potential for capital appreciation uncertain, as market corrections could diminish future returns. Long-term rental With a neighborhood rating of 76/100 and stable demand, the long-term rental potential is reasonable; however, the apartment's current price being 12% overvalued undermines its attractiveness for long-term investors. High initial costs may deter potential tenants, leading to longer vacancy periods in an already competitive rental market.
Tenant turnover risk With a tenant stability score of 70/100, there is a higher likelihood of tenant turnover, which could lead to increased vacancy rates and costs associated with finding new tenants.
