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 60 m², built in 1988. Located on largo Soeiro Pereira Gomes, 7, 1ºD, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This apartment features double-glazed windows that enhance insulation and noise reduction, along with a modern air conditioning system ensuring year-round comfort.
The valuation. At an asking price of €240,000, this apartment sits €45,699 above its fair value of €194,301, making it overpriced by 19.0%. Investors should approach with caution given the disparity in valuation.
Fair value modelled at €194,301 from the area baseline, adjusted for condition and location. Asking €240,000 sits €45,699 (19.0%) above — overpriced versus fair value.
Asking €240,000 versus the largo Soeiro Pereira Gomes, 7, 1ºD area baseline of €205,980 (€3,433/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 75 · Economic 85 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
largo Soeiro Pereira Gomes, 7, 1ºD
Area baseline €205,980 + condition +€3,000 + location +€18,021 = modelled fair value of €194,301 (€3,238/m²), a €45,699 (19.0%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| largo Soeiro Pereira Gomes, 7, 1ºD | Subject | €240,000 | €4,000 | — | 75 | 76 |
| rua São João, 2 | Active | €275,000 | €3,716 | 7.1% | 74 | 74 |
| praceta José Correia da Serra | Active | €260,000 | €3,562 | 11.0% | 75 | 77 |
| rua Eduardo Viana, 2 | Active | €500,000 | €4,167 | 4.2% | 75 | 74 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 4a804f | Active | €305,000 | €4,013 | 0.3% | 78 | 73 |
| Median comp | €290,000 | €3,865 | 3.4% | 75 | 74 |
Long-term rental Given the current listing price of €240,000, which is 19% above the fair value of €194,301, this property is overpriced for a long-term rental strategy. The gross yield of 4.1% indicates limited rental upside in relation to the cost, making it less favorable for steady income generation. Family rental While the property's location in a safe, family-friendly environment enhances its attractiveness for family rentals, the high asking price of €240,000 makes it less appealing. With a fair value of €194,301, families seeking longer-term rentals may be deterred by the perceived excess in cost versus local options. Buy-and-hold The pricing of €240,000, significantly above the fair value, presents a challenge for a buy-and-hold investment strategy as returns may be suppressed. Investors should consider that owning this property could lead to lackluster capital appreciation due to its current overvaluation in the housing market.
Economic Vulnerability: With a high economic stability score of 85/100, the property appears stable, but a moderate tenant stability score of 70/100 suggests potential fluctuations in tenant occupancy or retention, which could impact rental income significantly if tenants are lost.
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