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 74 m², built in 1977, energy rating D. Located on avenida Dom Nuno Álvares Pereira, 56, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment includes a sunroom that enhances natural light and a pantry offering additional storage, both enhancing the property's overall practicality and appeal in a prime urban location.
The valuation. The asking price of €285,000 exceeds the fair value of €221,117 by €63,883, or 22.4%. This property is deemed overpriced based on current market conditions and comparable sales in the area.
Fair value modelled at €221,117 from the area baseline, adjusted for condition and location. Asking €285,000 sits €63,883 (22.4%) above — overpriced versus fair value.
Asking €285,000 versus the avenida Dom Nuno Álvares Pereira, 56 area baseline of €213,712 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 60 · Materials 70 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
avenida Dom Nuno Álvares Pereira, 56
Area baseline €213,712 + condition -€12,256 + location +€19,662 = modelled fair value of €221,117 (€2,988/m²), a €63,883 (22.4%) gap versus the €285,000 asking price.
Long-term rental The property in Almada is marked by a gross yield of 3.8%, which falls below typical investor expectations given its listing price of €285,000, significantly above the fair value of €221,117. Consequently, the property is best viewed as overpriced, with limited potential for long-term rental profitability in the current market conditions. Family rental With a neighbourhood score of 73/100, this property may appeal to families seeking proximity to Lisbon, despite its condition rating of 64/100 indicating that some maintenance may be required. However, the significant gap between the asking price and fair value suggests it is overpriced, making it a less attractive family rental option. Buy-and-hold As an investment for a buy-and-hold strategy, this property presents challenges, including a 22.4% gap between the listing price and fair value, which diminishes its long-term growth potential. The current high price renders it overpriced, and investors should be wary of the limited appreciation opportunities in the Alamada market.
Economic Shift Risk With an Economic stability score of 80/100 and a Tenant stability score of 70/100, there is a risk that any downturn in the economy could lead to decreased tenant retention or increased vacancy rates impacting overall returns.
