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.
1-bedroom, 1-bathroom penthouse of 56 m², energy rating C. Located on rua Padre Ângelo Firmino da Silva, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The penthouse includes a spacious private terrace, ideal for entertaining and enjoying views, enhancing the property’s living space beyond its internal square footage.
The valuation. The asking price of €229,000 sits significantly above the fair value of €182,904, indicating an overpriced position by €46,096 (20.1%). Such a premium suggests careful consideration before investment.
Fair value modelled at €182,904 from the area baseline, adjusted for condition and location. Asking €229,000 sits €46,096 (20.1%) above — overpriced versus fair value.
Asking €229,000 versus the rua Padre Ângelo Firmino da Silva area baseline of €192,248 (€3,433/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 80 · Materials 75 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 80 · Economic 85 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Padre Ângelo Firmino da Silva
Area baseline €192,248 + condition +€3,063 + location +€18,114 = modelled fair value of €182,904 (€3,266/m²), a €46,096 (20.1%) gap versus the €229,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Padre Ângelo Firmino da Silva | Subject | €229,000 | €4,089 | — | 80 | 78 |
| Almada, Cova da Piedade, Pragal e Cacilhas · bf2845 | Active | €275,000 | €4,231 | 3.5% | 70 | 75 |
| rua União Piedense | Active | €289,000 | €4,070 | 0.5% | 80 | 77 |
| rua Fernão Lourenço | Active | €315,000 | €4,038 | 1.2% | 80 | 80 |
| rua José Malheiro S / N | Active | €279,000 | €3,930 | 3.9% | 74 | 80 |
| Median comp | €284,000 | €4,054 | 0.9% | 77 | 79 |
Long-term rental The 1-bed penthouse in Almada is currently priced at €229,000, which is 20.1% above its fair value of €182,904, making it an overpriced asset. With a gross yield of only 4.1%, the property does not present an attractive option for long-term rental given its cost relative to potential returns. Buy-and-hold Acquiring this penthouse at €229,000 represents a significant gap from its fair value, indicating that this investment is overpriced and may not yield desired appreciation in the future. The property’s condition rating of 79/100 highlights decent quality but does not compensate for the elevated price in an unpredictable market. Family rental Although the location offers proximity to Lisbon with good amenities, the 20.1% markup on this penthouse's price makes it less suitable for family rentals, as it is overpriced compared to fair market expectations. Families may be deterred by the financial implications of renting an asset that is not aligned with its actual value, at €229,000. Not ideal for short-term vacation rental and student housing: This property’s high price undermines its potential in these markets, where affordability and return on investment are crucial considerations.
Tenant turnover risk: With a tenant stability score of 70/100, there's a notable risk of increased turnover, which may lead to higher vacancy rates and associated costs.
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