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 €264,341 (€3,433/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 €264,341 + 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.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 99f370 | Subject | €375,000 | €4,870 | — | 75 | 80 |
| rua do Olival, 39 | Active | €330,000 | €4,648 | 4.6% | 75 | 80 |
| rua das Janelas Verdes, 84 | Active | €495,000 | €5,964 | 22.5% | 75 | 81 |
| rua Joaquim Casimiro S / N | Active | €465,000 | €5,602 | 15.0% | 75 | 78 |
| Santa Maria Maior · 4b962a | Active | €240,000 | €3,117 | 36.0% | 75 | 84 |
| Median comp | €397,500 | €5,125 | 5.2% | 75 | 81 |
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.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
