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, 1-bathroom apartment of 123 m², built in 1995, energy rating D. Located on praça Gil Vicente, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy features: This apartment benefits from newly installed thermal and acoustic windows, significantly enhancing its insulation and energy efficiency, alongside convenient access to public transit options.
The valuation. The asking price of €340,000 is positioned below the fair value of €370,683, presenting a discount of €30,683 or 9.0%. This suggests the property is subvalued, providing an attractive entry point for investors.
Fair value modelled at €370,683 from the area baseline, adjusted for condition and location. Asking €340,000 sits €30,683 (9.0%) below — the upside to fair value.
Asking €340,000 versus the praça Gil Vicente area baseline of €355,224 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 68 · Materials 62 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 65 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
praça Gil Vicente
Area baseline €355,224 + condition -€18,642 + location +€34,102 = modelled fair value of €370,683 (€3,014/m²), a €30,683 (9.0%) gap versus the €340,000 asking price.
Long-term rental The 3-bed apartment in Almada, listed at €340,000, is attractive for long-term rentals, especially given its gross yield of 4.2%. With a fair value of €370,683, this property is currently subvalued by 9.0%, presenting a compelling investment opportunity. Family rental This apartment's proximity to Lisbon makes it an ideal option for family rentals, as suburban areas typically offer safer environments and amenities suitable for families. The property’s fair value of €370,683 and current listing price underscores its appeal for families seeking longer-term housing. Buy-and-hold Investing in this property as a buy-and-hold opportunity is strategically sound, given its fair value and strong potential for appreciation over time. With a positive neighborhood rating of 74/100 and a current undervaluation, it aligns well with long-term growth strategies focused on stability and tenant quality.
Tenant turnover risk High tenant turnover may occur due to a tenant stability score of 70/100, indicating potential difficulty in retaining long-term tenants.
