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 73 m², built in 1956, energy rating C. Located on rua do Armeiro-Mor, 6, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment includes two enclosed balconies, providing versatile options for additional storage, leisure, or even a winter garden, enhancing its overall utility and comfort.
The valuation. The asking price of €270,000 is significantly above the fair value of €221,437, indicating an overpriced position by €48,563 (18.0%). This valuation suggests the property may not be a wise investment choice at the current asking price.
Fair value modelled at €221,437 from the area baseline, adjusted for condition and location. Asking €270,000 sits €48,563 (18.0%) above — overpriced versus fair value.
Asking €270,000 versus the rua do Armeiro-Mor, 6 area baseline of €252,799 (€3,463/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 65 · Materials 68 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua do Armeiro-Mor, 6
Area baseline €252,799 + condition -€8,783 + location +€19,396 = modelled fair value of €221,437 (€3,033/m²), a €48,563 (18.0%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Armeiro-Mor, 6 | Subject | €270,000 | €3,699 | — | 65 | 73 |
| Caparica e Trafaria · 023c3e | Active | €297,500 | €4,250 | 14.9% | 65 | 76 |
| Caparica e Trafaria · 956b5e | Active | €275,000 | €3,929 | 6.2% | 65 | 74 |
| rua Bento de Jesus Caraça, 55 | Active | €265,000 | €3,397 | 8.1% | 62 | 70 |
| Caparica e Trafaria · 6f4072 | Active | €248,000 | €3,351 | 9.4% | 72 | 68 |
| Median comp | €270,000 | €3,663 | 1.0% | 65 | 72 |
Long-term rental The property is listed at €270,000, which is 18.0% above its fair value of €221,437, indicating that the investment is overpriced. Given the gross yield of 3.6% and the neighborhood rating of 73/100, potential returns may not justify the elevated price point. Family rental At a listing price of €270,000, the property exceeds its fair value by 18.0%, suggesting it is overpriced and may not attract families seeking cost-effective rental solutions. The acceptable condition score of 67/100 may not compensate for the high purchase price relative to the rental yield. Buy-and-hold With the current price set at €270,000 and a fair value of €221,437, this property is priced 18.0% higher than justified, making it a questionable buy-and-hold investment. Despite a 3.6% gross yield, the long-term increase potential may be limited by the initial overvaluation in a competitive neighborhood. Short-term vacation rental The investment at €270,000 does not represent a favorable opportunity as the property is overpriced at an 18.0% gap from its fair value. With a yield of only 3.6%, it may struggle to generate the returns typically expected in the short-term vacation rental market. Luxury market This property, priced at €270,000, is not aligned with the luxury market due to its 18.0% overpricing compared to its fair value of €221,437. The moderate condition and neighborhood ratings limit its appeal to luxury buyers seeking premium investments.
Tenant turnover risk With a tenant stability score of 65/100, there is a notable risk of higher tenant turnover, which could lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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