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 65 m², built in 1987. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment includes a versatile loft space perfect for leisure or work, and also offers a top-floor storage room for additional organization.
The valuation. The asking price of €315,000 is significantly above the fair value of €207,243, leading to a valuation that is overpriced by €107,757, or 34.2%. This places the property at a premium that may deter prudent buyers.
Fair value modelled at €207,243 from the area baseline, adjusted for condition and location. Asking €315,000 sits €107,757 (34.2%) above — overpriced versus fair value.
Asking €315,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €187,720 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 73 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 76/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal
Area baseline €187,720 + condition +€0 + location +€19,523 = modelled fair value of €207,243 (€3,188/m²), a €107,757 (34.2%) gap versus the €315,000 asking price.
Long-term rental The 2-bed apartment in Almada offers a gross yield of 3.4%, which is below the current market expectations for rental returns. Given its overpriced status with a 34.2% gap from fair value, long-term rental may not be an optimal investment strategy. Buy-and-hold While the property is located in a stable neighborhood with good amenities and access to schools, the current pricing suggests a suboptimal entry point for a buy-and-hold strategy. The substantial gap relative to fair value indicates that holding this property may not yield sufficient appreciation to justify the investment. Family rental This property has potential in the family rental market due to its decent condition and neighborhood ratings; however, the overpriced status at €315,000 complicates this strategy. With a fair value of €207,243, families may be deterred by the above-market pricing, leading to longer vacancy periods. Not ideal for short-term vacation rental Despite being in a desirable location, this apartment's pricing does not align with the typical short-term vacation rental model, which often relies on competitive rates. The current valuation places this unit beyond market expectations, making it challenging to generate viable short-term rental income. Not ideal for luxury market This apartment does not meet the criteria for the luxury market as evidenced by its fair value significantly below the listing price. Overpricing limits the appeal for luxury buyers who expect premium attributes and pricing in their property selections. Not ideal for student housing The property, while located in a region with access to schools, is priced too high to attract students who typically seek affordable rental options. The 34.2% premium above fair value makes it less appealing for this demographic, which is often price-sensitive.
Potential Tenant Turnover The tenant stability score of 70/100 indicates a moderate risk of tenant turnover, which could lead to increased vacancy rates and associated costs.
