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 37 m², energy rating C. Located on avenida Heliodoro Salgado, 7, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This apartment features two enclosed balconies, providing private outdoor space and additional natural light, enhancing its cozy atmosphere in the heart of Almada.
The valuation. The asking price of €210,000 sits significantly above the fair value of €116,385, indicating an overvaluation of €93,615 (44.6%). This suggests that the property may not present a sound investment opportunity at the current asking price.
Fair value modelled at €116,385 from the area baseline, adjusted for condition and location. Asking €210,000 sits €93,615 (44.6%) above — overpriced versus fair value.
Asking €210,000 versus the avenida Heliodoro Salgado, 7 area baseline of €106,856 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 75 · Room dimensions 73). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
avenida Heliodoro Salgado, 7
Area baseline €106,856 + condition -€1,156 + location +€10,686 = modelled fair value of €116,385 (€3,146/m²), a €93,615 (44.6%) gap versus the €210,000 asking price.
Long-term rental The property is overpriced at €210,000, significantly above its fair value of €116,385, which could pose challenges in achieving a sustainable return on investment. With a gross yield of only 4.2%, the long-term rental strategy is less attractive given the inflated initial price. Buy-and-hold Investing in this apartment as a buy-and-hold strategy is unappealing due to its current pricing, which represents a 44.6% gap above fair value. The property’s potential for appreciation is diminished by its 73/100 condition and high entry cost, making it a less favorable long-term investment. Family rental The family rental market may not be the best fit due to the property’s overpriced nature and the growing affordability concerns in the region. While the neighborhood quality is satisfactory, the price point does not align well with the expected tenant base, leading to potential occupancy challenges. Not ideal for luxury market The high listing price of this apartment does not support a luxury positioning, particularly as it fails to meet the standards typically associated with luxury properties. Coupled with a moderate condition score, this listing is unlikely to attract high-end clientele. Not ideal for student housing Placing this property within the student housing market is also ill-advised, considering its overpriced status compared to market expectations. The apartment’s appeal to students is limited, further affected by the price, which does not align with typical rental budgets for this demographic.
Economic Sensitivity The property may be vulnerable to economic fluctuations, as indicated by an economic stability score of 80/100, which suggests potential volatility, while a tenant stability score of 70/100 highlights a risk of tenant turnover.
