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 80 m², built in 1977, energy rating D. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment includes a spacious 20m² balcony with urban park views, offering customizable outdoor space to enhance living quality and potential for expansion.
The valuation. The asking price of €365,000 exceeds the fair value of €206,099 by €158,901, which is a staggering 43.5% overvaluation. This property cannot be considered a value opportunity given its current pricing.
Fair value modelled at €206,099 from the area baseline, adjusted for condition and location. Asking €365,000 sits €158,901 (43.5%) above — overpriced versus fair value.
Asking €365,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €231,040 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 41/100 (Condition 40 · Materials 45 · Room dimensions 40). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 69/100 (Housing Market 75 · Amenities 65 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal
Area baseline €231,040 + condition -€42,500 + location +€17,559 = modelled fair value of €206,099 (€2,576/m²), a €158,901 (43.5%) gap versus the €365,000 asking price.
Long-term rental The property’s current listing price of €365,000 significantly exceeds the fair value of €206,099, indicating it is overpriced with a gap of 43.5%. With a gross yield of only 3% in a suburban area with a less favorable condition rating of 41/100, prospective investors may find limited profitability in a long-term rental strategy. Buy-and-hold Given that this property is priced at €365,000, far above its fair value of €206,099, it is clear that this investment is overpriced by 43.5%. The buy-and-hold strategy may present challenges due to the property’s low condition score of 41/100, likely requiring significant capital for maintenance and impacting overall investment returns. Family rental The property’s price of €365,000 is significantly detached from its fair value of €206,099, illustrating an overpriced status with a 43.5% gap. As a family rental, the apartment's current yield of 3% combined with a neighbourhood grade of 69/100 suggests moderate demand, yet the high entry price may deter long-term financial viability. Not ideal for Short-term vacation rental, Student housing, Luxury market
Economic Downturn Risk The property faces a potential risk due to its economic stability score of 70/100, indicating vulnerability to economic fluctuations that could impact rental income. Tenant Stability Risk With a tenant stability score of 65/100, there is a significant concern regarding tenant turnover, which may lead to increased vacancy rates and maintenance costs.
