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 77 m², built in 1985, energy rating C. Located on rua do Clube Recreativo da Ramalha S / N, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The property boasts generous balconies that enhance the living space, perfect for enjoying the natural light and views of the surrounding area throughout the day.
The valuation. The asking price of €310,000 is considerably higher than the fair value of €246,659, indicating the property is overpriced by €63,341 or 20.4%. This discrepancy suggests a lack of competitiveness in the current market. Buy-to-flip angle. With an asking price above fair value, a buy-and-flip strategy may offer limited profit potential unless significant improvements can justify a higher resale price. Quick renovations could be necessary to attract buyers at a premium. Buy-to-let angle. The estimated rental income of €930 per month yields a gross return of 3.6%, which is moderate for the area. This strategy could serve as a long-term investment, capitalizing on the property's quality finishes and suburban access to Lisbon's job market.
Fair value modelled at €246,659 from the area baseline, adjusted for condition and location. Asking €310,000 sits €63,341 (20.4%) above — overpriced versus fair value.
Asking €310,000 versus the rua do Clube Recreativo da Ramalha S / N area baseline of €222,376 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 72 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 75/100 (Housing Market 75 · Amenities 80 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua do Clube Recreativo da Ramalha S / N
Area baseline €222,376 + condition +€2,045 + location +€22,238 = modelled fair value of €246,659 (€3,203/m²), a €63,341 (20.4%) gap versus the €310,000 asking price.
Long-term rental The 2-bed apartment in Almada is currently overpriced by 20.4%, limiting any potential return for long-term rental strategies. With a gross yield of only 3.6%, this investment may not meet the expectations of long-term investors looking for better value. Family rental The pricing at €310,000 suggests that the property may struggle to attract families seeking comfortable living without overextending their budget. Given the condition and neighborhood scores, the potential for family rental appeal is hindered by the high acquisition cost. Buy-and-hold While the property offers reasonable neighborhood and condition ratings, the significant gap from its fair value indicates this investment could be a financial burden over time. The 20.4% premium on this listing raises concerns about future capital appreciation for a buy-and-hold strategy. Not ideal for Short-term vacation rental strategies appear untenable due to the high price point and the property’s suburban location, which may not attract tourists. The overall market signals and high acquisition cost suggest a lack of competitiveness within the short-term rental market.
Tenant turnover risk With a tenant stability score of 70/100, there is a substantial risk of increased vacancy and turnover costs, potentially affecting cash flow and profitability if tenants frequently change.
