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 78 m², built in 1988, energy rating D. Located on rua Capitão Leitão, 48, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Features: This apartment showcases custom-made kitchen cabinetry and Silestone countertops, enhancing both functionality and aesthetics in the heart of Almada. Location: Steps from local amenities and excellent transport links.
The valuation. The asking price of €367,000 is significantly higher than the fair value of €256,004, creating a discrepancy of €110,996 (30.2%). This property is overpriced compared to its market value.
Fair value modelled at €256,004 from the area baseline, adjusted for condition and location. Asking €367,000 sits €110,996 (30.2%) above — overpriced versus fair value.
Asking €367,000 versus the rua Capitão Leitão, 48 area baseline of €225,264 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 80 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Capitão Leitão, 48
Area baseline €225,264 + condition +€7,313 + location +€23,427 = modelled fair value of €256,004 (€3,282/m²), a €110,996 (30.2%) gap versus the €367,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Capitão Leitão, 48 | Subject | €367,000 | €4,705 | — | 80 | 76 |
| travessa da Amoreira, 33 | Active | €680,000 | €10,303 | 119.0% | 80 | 79 |
| travessa do Cabral, 44 | Active | €490,000 | €6,125 | 30.2% | 75 | 85 |
| rua das Janelas Verdes, 84 | Active | €495,000 | €5,964 | 26.8% | 75 | 81 |
| rua João Jacinto de Magalhães S / N | Active | €295,000 | €4,683 | 0.5% | 75 | 72 |
| Median comp | €492,500 | €6,045 | 28.5% | 75 | 80 |
Long-term rental The property is overpriced at €367,000 compared to the fair value of €256,004, presenting a 30.2% gap that diminishes its potential for long-term rental income. With a modest gross yield of 3.3%, this investment may not generate attractive returns in the current market landscape. Buy-and-hold Given its current valuation, the buy-and-hold strategy may not be optimal, as the property is listed significantly above its fair value. The potential for appreciation is limited by its overpricing, which could impede future investment returns. Family rental While the property is situated in a well-rated neighborhood close to amenities, its overpriced status means that potential family renters may be deterred by the cost. The limited gross yield further indicates that this investment may struggle to appeal to families looking for value in their rental options.
Economic downturn risk With an economic stability score of 80/100, there remains a potential vulnerability to market fluctuations that could impact rental incomes significantly if the score declines.
