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 apartment of 65 m², built in 1950, energy rating C. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment offers swift access to public transport and stunning views of the Tejo River, enhancing both lifestyle convenience and scenic enjoyment.
The valuation. The asking price of €275,000 is significantly above the fair value of €204,969, indicating an overpriced status with a difference of €70,031 (25.5%). This suggests a lack of immediate financial advantage for potential investors.
Fair value modelled at €204,969 from the area baseline, adjusted for condition and location. Asking €275,000 sits €70,031 (25.5%) above — overpriced versus fair value.
Asking €275,000 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 74/100 (Condition 70 · Materials 75 · Room dimensions 76). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal
Area baseline €187,720 + condition -€1,523 + location +€18,772 = modelled fair value of €204,969 (€3,153/m²), a €70,031 (25.5%) gap versus the €275,000 asking price.
Long-term rental The property, with a gross yield of 3.4%, indicates that it may not provide the most competitive returns compared to current market expectations. Given its 25.5% gap from fair value at €204,969, investors should be cautious as the property is overpriced. Family rental While the area benefits from a strong demand influenced by nearby Lisbon, the property's condition rating of 74/100 may not meet the needs of families seeking quality housing. The listing price suggests a 25.5% overpricing compared to its fair value, which limits its attractiveness as a family rental option. Buy-and-hold Although holding this property could initially seem appealing due to the location's suburban safety and amenities, the 25.5% gap from fair value indicates overvaluation. Investors should consider the potential for future appreciation carefully, given the current pricing situation that classifies it as overpriced.
Tenant turnover risk A tenant stability score of 75/100 indicates a moderate risk of tenant turnover, potentially affecting cash flow stability in the property.
