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 82 m², built in 1976, energy rating D. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment includes two balconies, enhancing the living space with additional outdoor relaxation areas and offering views over the city skyline.
The valuation. The asking price of €245,000 sits €13,828 (5.6%) below the fair value of €258,828, indicating the property is underpriced in the current market. This creates an advantageous buying opportunity for potential investors.
Fair value modelled at €258,828 from the area baseline, adjusted for condition and location. Asking €245,000 sits €13,828 (5.6%) below — the upside to fair value.
Asking €245,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €236,816 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 70 · Materials 75 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 80/100 (Housing Market 80 · Amenities 80 · Economic 90 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal
Area baseline €236,816 + condition -€6,406 + location +€28,418 = modelled fair value of €258,828 (€3,156/m²), a €13,828 (5.6%) gap versus the €245,000 asking price.
Long-term rental This 2-bed apartment in Almada offers a strong long-term rental opportunity with a gross yield of 4.5% and is priced at €245,000, which is 5.6% below the fair value of €258,828. The positive neighbourhood rating of 80/100 supports tenant demand, ensuring stable rental income. Family rental With its suburban location and good access to local amenities, this property is well-suited for family rentals, appealing to those seeking a safe and accessible living environment. The fair valuation gap of 5.6% indicates an opportunity for consistent rental appreciation over time. Buy-and-hold As a buy-and-hold investment, this apartment is positioned to benefit from the growing Greater Lisbon area, reflected in its favorable yield and condition score of 70/100. The property’s valuation being 5.6% below fair value suggests potential for long-term capital growth and stability in a desired suburban locality.
Potential Tenant Turnover The tenant stability score of 70/100 indicates a medium likelihood of turnover, which could result in increased vacancy periods and higher re-letting costs.
