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 57 m², built in 2006, energy rating D. Located on avenida Professor Egas Moniz, 9, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy features: This apartment boasts a large private terrace, perfect for outdoor relaxation, and includes a modern surround sound system for an enhanced living experience.
The valuation. The asking price of €290,000 is significantly above the fair value of €181,307, leading to a difference of €108,693, or 37.5%, indicating that the property is overpriced.
Fair value modelled at €181,307 from the area baseline, adjusted for condition and location. Asking €290,000 sits €108,693 (37.5%) above — overpriced versus fair value.
Asking €290,000 versus the avenida Professor Egas Moniz, 9 area baseline of €195,681 (€3,433/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 70 · Materials 75 · Room dimensions 73). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 79/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
avenida Professor Egas Moniz, 9
Area baseline €195,681 + condition -€2,405 + location +€19,095 = modelled fair value of €181,307 (€3,181/m²), a €108,693 (37.5%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Professor Egas Moniz, 9 | Subject | €290,000 | €5,088 | — | 70 | 79 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 261fdb | Active | €255,000 | €4,636 | 8.9% | 68 | 78 |
| Estrela · 96c72a | Active | €345,000 | €6,900 | 35.6% | 72 | 81 |
| Almada, Cova da Piedade, Pragal e Cacilhas · dee5cc | Active | €249,000 | €4,527 | 11.0% | 72 | 74 |
| rua Presidente Arriaga | Active | €295,000 | €6,556 | 28.9% | 75 | 82 |
| Median comp | €275,000 | €5,596 | 10.0% | 72 | 80 |
Long-term rental The property is currently overpriced by 37.5%, with a gap to fair value of €108,693, making it a less attractive option for long-term rental investments. With a gross yield of only 3%, the income potential does not justify the elevated purchasing price in the current market. Family rental Given the 72/100 condition rating and the 79/100 neighbourhood rating, the property may appeal to families; however, its overpriced nature severely limits its viability. The disconnect between listing price and fair value at €181,307 suggests that potential family tenants may seek better value elsewhere. Buy-and-hold While the neighbourhood offers a solid score of 79/100, this property is overpriced, presenting a high initial investment relative to its fair market value. The expected appreciation won't sufficiently compensate for the current gap against fair value, making it a risky buy-and-hold strategy. Not ideal for short-term vacation rental The property is overpriced by 37.5% and does not fit well within the short-term vacation rental market due to typically lower yields and high competition in the area. Investors focused on short-term rentals may find more attractive options with better price-to-value alignment. Not ideal for student housing With its current pricing above fair value and a low gross yield of 3%, this property is not suitable for the student rental market, where affordability and value tend to attract renters. Given the economic conditions in Almada, prospective students may seek more budget-friendly housing alternatives. Not ideal for luxury market The property is positioned above its fair market value and, with a condition rating of 72/100, does not meet luxury market standards. High-end investors will likely bypass this opportunity in favor of properties that align more closely with premium pricing expectations.
Economic Dependency Risk: With both the economic stability and tenant stability scores at 80/100, there is a potential risk of dependency on the local economy's performance, which could be impacted by broader economic downturns.
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