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 75 m², built in 1988, energy rating D. Located on rua do Cabo da Boa Esperança, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Feature: This apartment boasts a complete recent renovation, with upgraded modern kitchen appliances and stylish finishes that enhance its functional space and aesthetic appeal.
The valuation. The asking price of €299,000 is significantly above the fair value of €243,487, representing an overpriced situation by €55,513 (18.6%). This indicates that the property may not be a good investment at the current asking price.
Fair value modelled at €243,487 from the area baseline, adjusted for condition and location. Asking €299,000 sits €55,513 (18.6%) above — overpriced versus fair value.
Asking €299,000 versus the rua do Cabo da Boa Esperança area baseline of €257,475 (€3,433/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 85 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua do Cabo da Boa Esperança
Area baseline €257,475 + condition +€6,094 + location +€20,794 = modelled fair value of €243,487 (€3,246/m²), a €55,513 (18.6%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Cabo da Boa Esperança | Subject | €299,000 | €3,987 | — | 85 | 74 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 08ffb3 | Active | €310,000 | €3,780 | 5.2% | 75 | 74 |
| rua Paula Vicente, 6A | Active | €309,500 | €4,240 | 6.3% | 70 | 75 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 0900c2 | Active | €309,500 | €4,240 | 6.3% | 80 | 74 |
| rua Maria Machado, 6 | Active | €345,000 | €3,594 | 9.9% | 78 | 75 |
| Median comp | €309,750 | €4,010 | 0.6% | 77 | 75 |
Long-term rental The apartment in Almada is priced at €299,000, which exceeds its fair value of €243,487 by 18.6%, indicating it is overpriced for long-term rental strategies. With a gross yield of only 3.3%, potential investors may find the return on investment less appealing, especially given the overall condition rating of 80/100. Family rental While the property is located in a suburban area near Lisbon, the asking price of €299,000 is significantly above its fair value of €243,487, making it overpriced for family rental purposes. The neighbourhood rating of 74/100 is decent, but it may not justify the investment given the relatively low gross yield of 3.3%. Buy-and-hold At a listing price of €299,000, this property is not an attractive buy-and-hold option, as it is priced 18.6% above its fair value of €243,487. The anticipated gross yield of 3.3% combined with the current overvaluation suggests limited appreciation potential in the foreseeable future.
Tenant turnover risk The tenant stability score of 65/100 indicates a potential for higher turnover rates, which may lead to increased vacancy periods and costs associated with finding new tenants.
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