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.
4-bedroom, 1-bathroom apartment of 109 m², built in 1994, energy rating D. Located on rua União Piedense, 53, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This apartment features a desirable private terrace, ideal for outdoor gatherings, and is conveniently located near transport links to Lisbon, enhancing its investment potential.
The valuation. The asking price of €293,000 is below the fair value of €309,721, indicating a potential advantage for investors. At a discount of €16,721 (5.7%), this property presents an appealing entry point into the market.
Fair value modelled at €309,721 from the area baseline, adjusted for condition and location. Asking €293,000 sits €16,721 (5.7%) below — the upside to fair value.
Asking €293,000 versus the rua União Piedense, 53 area baseline of €374,197 (€3,433/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 53/100 (Condition 55 · Materials 50 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua União Piedense, 53
Area baseline €374,197 + condition -€37,809 + location +€32,738 = modelled fair value of €309,721 (€2,841/m²), a €16,721 (5.7%) gap versus the €293,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua União Piedense, 53 | Subject | €293,000 | €2,688 | — | 55 | 76 |
| rua Alves Redol, 72 | Active | €280,000 | €2,772 | 3.1% | 52 | 75 |
| praça Gil Vicente | Active | €340,000 | €2,764 | 2.8% | 68 | 74 |
| rua Conde Castelo Melhor | Active | €300,000 | €3,000 | 11.6% | 60 | 73 |
| rua da Alegria, 1 | Active | €225,000 | €3,000 | 11.6% | 60 | 74 |
| Median comp | €290,000 | €2,886 | 7.4% | 60 | 74 |
Long-term rental The property offers a solid yield of 4.5%, indicating a reliable income stream for investors. With a fair value closely aligned to the listing price, it presents an opportunity for steady cash flow in a family-oriented suburb with strong tenant quality. Family rental The positive neighborhood rating of 76/100 suggests a desirable location for families, supplemented by good schools and low tenant turnover. This property, listed at €293,000, is competitively priced and aligns well with the needs of long-term tenants seeking stability in their living environment. Buy-and-hold The property's fair value of €309,721 indicates potential for appreciation, making it a suitable buy-and-hold investment. Its positioning in a thriving area that benefits from Lisbon's economic activities enhances the likelihood of value growth over time.
Potential Tenant Turnover Tenant stability score of 75/100 indicates a moderate risk of tenant turnover which could lead to increased vacancy rates and associated costs.
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