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.
5-bedroom, 2-bathroom apartment of 149 m², built in 1974, energy rating D. Located on rua das Flores, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment includes a strategic lifetime lease agreement, ensuring immediate rental income while also allowing for personalized renovations to enhance future value.
The valuation. The asking price of €439,000 is slightly above the fair value of €438,421, making it overpriced by €579 (0.1%). This suggests room for negotiation to reach a more reasonable price point.
Fair value modelled at €438,421 from the area baseline, adjusted for condition and location. Asking €439,000 sits €579 (0.1%) above — overpriced versus fair value.
Asking €439,000 versus the rua das Flores area baseline of €511,517 (€3,433/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 (Condition 58 · Materials 65 · Room dimensions 62). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 80 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua das Flores
Area baseline €511,517 + condition -€34,922 + location +€43,031 = modelled fair value of €438,421 (€2,942/m²), a €579 (0.1%) gap versus the €439,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Flores | Subject | €439,000 | €2,946 | — | 58 | 75 |
| rua Conde Castelo Melhor | Active | €300,000 | €3,000 | 1.8% | 60 | 73 |
| rua da Alegria, 1 | Active | €225,000 | €3,000 | 1.8% | 60 | 74 |
| Laranjeiro e Feijó · 0015e1 | Active | €365,000 | €3,042 | 3.2% | 65 | 78 |
| parque da Paz | Active | €365,000 | €3,042 | 3.2% | 65 | 77 |
| Median comp | €332,500 | €3,021 | 2.5% | 63 | 76 |
Long-term rental The property's gross yield of 3.4% does not compensate for its listing price, which is 0.1% above the fair value of €438,421. Given its suburban environment and moderately rated condition and neighbourhood, this investment appears to be overpriced for long-term rental purposes. Family rental Targeting middle-income families in a suburban area, the property’s condition rating of 60/100 may deter potential tenants seeking quality homes. At a listing price of €439,000, the property is overpriced, leading to less attractive prospects for family rentals despite its proximity to public transport. Buy-and-hold Investing with a long-term buy-and-hold strategy in this property may not yield the anticipated returns, especially considering it is priced just above its fair market value. With a gross yield of 3.4% and an overpriced status, holding this property could prove financially burdensome for investors over time.
Potential Market Fluctuation The economic stability score of 75/100 suggests a moderate risk of market downturns affecting property values, compounded by a tenant stability score of 70/100 that may indicate potential challenges in retaining reliable tenants.
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