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 1986, energy rating D. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment boasts a stylish, functional kitchen equipped with modern appliances and opens to a shared outdoor area perfect for relaxation or gatherings. Location Advantage: Nestled in a vibrant neighborhood, it offers convenient access to local shops and public transport.
The valuation. The asking price of €375,000 is significantly above the fair value of €252,911, representing an overvaluation of €122,089 (32.6%). This discrepancy suggests a reevaluation of the investment potential given the inflated pricing compared to market standards.
Fair value modelled at €252,911 from the area baseline, adjusted for condition and location. Asking €375,000 sits €122,089 (32.6%) above — overpriced versus fair value.
Asking €375,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €222,376 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
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 €222,376 + condition +€3,850 + location +€26,685 = modelled fair value of €252,911 (€3,285/m²), a €122,089 (32.6%) gap versus the €375,000 asking price.
Long-term rental The property at €375,000 is overpriced compared to its fair value of €252,911, presenting a significant gap of 32.6%. With a gross yield of only 3.1%, the financial return does not align with the elevated investment cost. Family rental At a listing price of €375,000, this apartment appears overpriced given its fair value assessment of €252,911. The lower yield of 3.1% in combination with the high purchase price may deter families seeking value in their housing options. Buy-and-hold The apartment is priced at €375,000, which is significantly above its fair value of €252,911, indicating it is overpriced by 32.6%. While the location within the Lisbon metropolitan area may attract long-term retention, the current yield of 3.1% does not justify such a premium investment price.
Inconsistent Tenant Stability The tenant stability score of 70/100 indicates potential risks in maintaining consistent occupancy, which could lead to fluctuations in rental income.
