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, 2-bathroom apartment of 121 m², built in 1989, energy rating C. Located on praça Professor Egas Moniz, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This apartment features enclosed balconies that enhance versatility, complemented by traditional tile work which adds charm and character to the overall living space.
The valuation. The asking price of €349,500 is slightly above the fair value of €348,923, indicating the property is overpriced by €577 (0.2%). The apartment’s condition and dated materials contribute to this valuation discrepancy.
Fair value modelled at €348,923 from the area baseline, adjusted for condition and location. Asking €349,500 sits €577 (0.2%) above — overpriced versus fair value.
Asking €349,500 versus the praça Professor Egas Moniz area baseline of €349,448 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 56/100 (Condition 60 · Materials 55 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 80 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
praça Professor Egas Moniz
Area baseline €349,448 + condition -€36,867 + location +€36,343 = modelled fair value of €348,923 (€2,884/m²), a €577 (0.2%) gap versus the €349,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça Professor Egas Moniz | Subject | €349,500 | €2,888 | — | 60 | 76 |
| rua Guilherme Coração | Active | €325,000 | €3,385 | 17.2% | 65 | 75 |
| rua Damião Peres | Active | €310,000 | €3,298 | 14.2% | 55 | 71 |
| Laranjeiro e Feijó · ba3ecb | Active | €310,000 | €3,444 | 19.2% | 60 | 76 |
| rua das Quintas | Active | €299,900 | €3,157 | 9.3% | 65 | 68 |
| Median comp | €310,000 | €3,342 | 15.7% | 63 | 73 |
Long-term rental The apartment's close proximity to Lisbon adds to its appeal for long-term tenants, despite being slightly overpriced at 0.2% above fair value. With a gross yield of 3.9%, investors may find it challenging to achieve substantial returns given the current price. Family rental While the property has a decent neighborhood rating of 76/100, the overall condition score of 56/100 suggests that significant maintenance may be needed to attract family tenants. The current listing price exceeds the fair value, placing it at a disadvantage in the family rental market. Buy-and-hold As an investment for buy-and-hold strategies, the slight premium over fair value could hinder long-term appreciation potential. Given the satisfactory neighborhood characteristics, holding the property may yield moderate returns, but the current pricing undermines any compelling investment thesis. Not ideal for short-term vacation rental The property is not aligned with short-term vacation rental markets, as its pricing structure does not accommodate typical vacation rental demand. Additionally, its current valuation places it beyond a reasonable entry point for this segment. Not ideal for student housing With a condition rating of 56/100, the apartment may not meet the preferences of most student tenants, further compounded by its overpriced nature. The lack of proximity to major university campuses poses an additional challenge for attracting this demographic.
Economic downturn risk Given the economic stability score of 75, a potential downturn could impact rental demand and property values significantly if the score drops further.
