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 86 m², energy rating C. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. One noteworthy feature of this property is its private 18 m² yard, providing an ideal space for outdoor leisure and potential gardening opportunities.
The valuation. The asking price of €285,000 is higher than the fair value of €273,608, placing it at €11,392 (4.0%) above the expected market price. This property is considered overpriced.
Fair value modelled at €273,608 from the area baseline, adjusted for condition and location. Asking €285,000 sits €11,392 (4.0%) above — overpriced versus fair value.
Asking €285,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €248,368 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
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. Full location report →
Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal
Area baseline €248,368 + condition +€403 + location +€24,837 = modelled fair value of €273,608 (€3,181/m²), a €11,392 (4.0%) gap versus the €285,000 asking price.
Long-term rental The current pricing of €285,000 exceeds the fair value of €273,608, reflecting a 4.0% gap that positions the property as overpriced in the long-term rental market. Given the robust employment landscape in proximity to Lisbon, the potential rental yield of 4.3% may not sufficiently compensate for the elevated purchase price. Family rental With a fair value of €273,608 and a listing price of €285,000, this property is overpriced for family rental purposes. While the area offers suburban amenities and good transit, the higher cost may deter families seeking value in their housing decisions. Buy-and-hold This property is priced at €285,000, which is above its fair value of €273,608, indicating it is overpriced for a buy-and-hold investment strategy. Although the 4.3% gross yield is appealing, the initial investment exceeds the potential market value, limiting future appreciation prospects.
Economic Volatility Risk With an economic stability score of 80/100, there is still a potential risk of economic downturns affecting tenant demand, especially given the lower tenant stability score of 70/100 suggesting possible turnover or vacancy issues.**
