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 110 m². Located on rua Luís Serrão Pimentel, 3, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This apartment benefits from two balconies—one enclosed and one open—providing versatile outdoor space ideal for relaxation and entertaining in a vibrant, well-connected neighborhood.
The valuation. The asking price of €350,000 is significantly above the fair value of €327,854, resulting in an overvaluation of €22,146 (6.3%). This suggests that potential investors may want to negotiate or reconsider this property.
Fair value modelled at €327,854 from the area baseline, adjusted for condition and location. Asking €350,000 sits €22,146 (6.3%) above — overpriced versus fair value.
Asking €350,000 versus the rua Luís Serrão Pimentel, 3 area baseline of €380,930 (€3,463/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 58/100 (Condition 56 · Materials 60 · Room dimensions 62). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 81/100 (Housing Market 85 · Amenities 80 · Economic 80 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
rua Luís Serrão Pimentel, 3
Area baseline €380,930 + condition -€29,219 + location +€39,392 = modelled fair value of €327,854 (€2,980/m²), a €22,146 (6.3%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Luís Serrão Pimentel, 3 | Subject | €350,000 | €3,182 | — | 56 | 81 |
| praceta Bartolomeu Constantino | Active | €245,000 | €2,988 | 6.1% | 59 | 76 |
| rua Afonso de Paiva, 1 | Active | €299,000 | €3,691 | 16.0% | 65 | 73 |
| rua Luís de Camões S / N | Active | €249,000 | €3,320 | 4.3% | 60 | 80 |
| rua Afonso de Paiva | Active | €298,000 | €3,010 | 5.4% | 65 | 74 |
| Median comp | €273,500 | €3,165 | 0.5% | 63 | 75 |
Long-term rental The property is priced at €350,000, which is 6.3% higher than its fair value of €327,854, indicating it is overpriced. With a gross yield of 3.7% and a neighborhood quality score of 81/100, long-term rental prospects may be limited by the current valuation. Family rental At a listing price of €350,000, this property exceeds its fair value by 6.3%, categorizing it as overpriced in the family rental market. While the neighborhood rating of 81/100 suggests a good living environment, the price point may deter potential family tenants. Buy-and-hold The current listing of €350,000 reflects a 6.3% premium over the fair value of €327,854, marking it as overpriced for a buy-and-hold strategy. Despite reasonable neighborhood amenities and strong transport links, the less favorable yield of 3.7% does not support a robust long-term investment outlook.
Potential Economic Fluctuation An economic stability score of 80/100 suggests that while the economy is currently strong, any downturn could negatively impact property values and rental income.
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