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.
3-bedroom, 2-bathroom apartment of 160 m², energy rating C. Located on avenida Dom Nuno Álvares Pereira, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Unique Features: This apartment includes over 50 m2 of closed balconies, offering versatile space for leisure or work while enhancing the overall living experience in a central location.
The valuation. The asking price of €420,000 is below the fair value of €479,645, indicating a discount of €59,645 (14.2%). This property presents a unique opportunity for savvy investors seeking value.
Fair value modelled at €479,645 from the area baseline, adjusted for condition and location. Asking €420,000 sits €59,645 (14.2%) below — the upside to fair value.
Asking €420,000 versus the avenida Dom Nuno Álvares Pereira area baseline of €549,280 (€3,433/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 71/100 (Housing Market 75 · Amenities 70 · Economic 80 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
avenida Dom Nuno Álvares Pereira
Area baseline €549,280 + condition -€21,250 + location +€38,815 = modelled fair value of €479,645 (€2,998/m²), a €59,645 (14.2%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Dom Nuno Álvares Pereira | Subject | €420,000 | €2,625 | — | 65 | 71 |
| estrada Algazarra | Active | €368,000 | €2,573 | 2.0% | 68 | 85 |
| rua da Boa Esperança | Active | €245,000 | €2,356 | 10.3% | 65 | 80 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 023a46 | Active | €395,000 | €2,026 | 22.8% | 75 | 80 |
| rua Adriano Correia de Oliveira | Active | €335,000 | €3,418 | 30.2% | 70 | 74 |
| Median comp | €351,500 | €2,465 | 6.1% | 69 | 80 |
Long-term rental The 3-bed apartment in Almada presents an appealing option for long-term rental, given its 3.5% gross yield and proximity to urban infrastructure in Lisbon. With a fair value of €479,645, the listing price of €420,000 indicates a favorable investment opportunity within a suburban location known for decent tenant quality. Family rental This property is well-suited for family rental with adequate space and amenities contributing to a comfortable living environment. Its fair value appraisal demonstrates that the current listing price is an attractive entry point for families seeking residence in suburban Lisbon. Buy-and-hold Investors should consider this apartment for a buy-and-hold strategy as the property is listed at 14.2% below its fair value, suggesting potential for capital appreciation over time. The combination of a reasonable yield and a rated neighborhood supports long-term growth potential in this suburban market.
Tenant turnover risk The tenant stability score of 60/100 indicates a higher likelihood of tenant turnover, which could result in increased vacancy periods and associated costs.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
