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.
1-bedroom, 1-bathroom apartment of 52 m², energy rating D. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This apartment features a versatile additional room ideal for a home office or guest space, and a balcony with unobstructed urban views for outdoor relaxation.
The valuation. The asking price of €265,000 is significantly above fair value, which is assessed at €167,875. This results in an overpricing of €97,125, or 36.7% above what would be considered reasonable market value.
Fair value modelled at €167,875 from the area baseline, adjusted for condition and location. Asking €265,000 sits €97,125 (36.7%) above — overpriced versus fair value.
Asking €265,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €178,516 (€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 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal
Area baseline €178,516 + condition +€2,681 + location +€15,018 = modelled fair value of €167,875 (€3,228/m²), a €97,125 (36.7%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 420043 | Subject | €265,000 | €5,096 | — | 75 | 75 |
| rua das Madres | Active | €259,000 | €5,180 | 1.6% | 80 | 79 |
| rua de São Paulo | Active | €550,000 | €6,395 | 25.5% | 77 | 84 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 261fdb | Active | €255,000 | €4,636 | 9.0% | 68 | 78 |
| Misericórdia · 41ffe8 | Active | €310,000 | €8,857 | 73.8% | 70 | 84 |
| Median comp | €284,500 | €5,788 | 13.6% | 74 | 82 |
Long-term rental The 1-bed apartment in Almada, listed at €265,000, presents a significant gap of 36.7% versus its fair value of €167,875, indicating it is overpriced. With a gross yield of 3.6%, the potential return on investment does not justify the elevated purchase price in a market where tenant quality and neighborhood amenities are moderate. Family rental This property, while situated in a strong suburban area near Lisbon, is overpriced at €265,000 against a fair value of €167,875, creating a concerning 36.7% gap. The moderate condition rating of 78/100 and neighborhood score of 75/100 suggest challenges in attracting families willing to pay a premium for this rental. Buy-and-hold Acquiring this apartment as a buy-and-hold investment seems unwise due to its current listing price of €265,000, which exceeds the fair value of €167,875 by 36.7%, indicating it's overpriced. The expected gross yield of 3.6% does not provide sufficient long-term growth prospects to warrant the investment at this inflated price.
Tenant turnover risk The combination of a tenant stability score of 70/100 indicates a potential for higher tenant turnover, which could result in increased vacancy rates and ultimately affect cash flow.
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