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.
3-bedroom, 1-bathroom apartment of 90 m², energy rating C. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment offers unique access to the Miradouro da Boca do Vento, providing breathtaking panoramic views of the Tejo River and Lisbon, enhancing the living experience.
The valuation. The asking price of €305,000 is €30,031 (9.8%) above the fair value of €274,969, indicating the property is overpriced. The current valuation suggests a careful reconsideration for potential investors looking for a worthwhile investment.
Fair value modelled at €274,969 from the area baseline, adjusted for condition and location. Asking €305,000 sits €30,031 (9.8%) above — overpriced versus fair value.
Asking €305,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €259,920 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 60 · Materials 70 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 80 · Economic 75 · 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 €259,920 + condition -€14,063 + location +€29,111 = modelled fair value of €274,969 (€3,055/m²), a €30,031 (9.8%) gap versus the €305,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · b45307 | Subject | €305,000 | €3,389 | — | 60 | 78 |
| praceta Barbosa do Bocage | Active | €310,000 | €3,875 | 14.3% | — | 75 |
| Laranjeiro e Feijó · b453fa | Active | €245,000 | €3,063 | 9.6% | 68 | 73 |
| Caparica e Trafaria · 023c3e | Active | €297,500 | €4,250 | 25.4% | 65 | 76 |
| Caparica e Trafaria · 956b5e | Active | €275,000 | €3,929 | 15.9% | 65 | 74 |
| Median comp | €286,250 | €3,902 | 15.1% | 65 | 75 |
Family rental The property is priced at €305,000, which is above the fair value of €274,969, indicating it is overpriced by 9.8%. With a gross yield of 4.3% and a neighborhood rating of 78/100, the investment may not attract families looking for rental opportunities at this price point. Long-term rental This apartment’s listed price surpasses the fair value by 9.8%, which suggests that it is overpriced at €305,000 relative to the €274,969 valuation. Although it holds a decent gross yield of 4.3%, the property’s condition rated at 65/100 may deter long-term tenants who are seeking well-maintained homes. Buy-and-hold At a listing price of €305,000, this apartment is overpriced, with a 9.8% gap from the fair value of €274,969. While the neighborhood's strong attributes may support appreciation over time, the current gross yield of 4.3% coupled with the condition score of 65/100 does not make this an attractive buy for long-term investment purposes.
Economic Dependency Risk The economic stability score of 75 indicates a moderate level of dependence on regional economic factors, which could impact tenant stability and rental income.
