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 101 m², built in 1988. Located on rua Alves Redol, 72, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This property boasts a large communal terrace for residents, offering extraordinary views over the Tagus River, enhancing the overall appeal for leisure activities.
The valuation. The asking price of €280,000 sits below the fair value of €289,610, representing a slight underpricing of €9,610 or 3.4%. This discrepancy presents a favorable buying opportunity in the current market.
Fair value modelled at €289,610 from the area baseline, adjusted for condition and location. Asking €280,000 sits €9,610 (3.4%) below — the upside to fair value.
Asking €280,000 versus the rua Alves Redol, 72 area baseline of €346,733 (€3,433/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 (Condition 52 · Materials 58 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Alves Redol, 72
Area baseline €346,733 + condition -€31,247 + location +€29,169 = modelled fair value of €289,610 (€2,867/m²), a €9,610 (3.4%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Alves Redol, 72 | Subject | €280,000 | €2,772 | — | 52 | 75 |
| rua União Piedense, 53 | Active | €293,000 | €2,688 | 3.0% | 55 | 76 |
| rua José Carlos de Melo | Active | €230,000 | €2,190 | 21.0% | 45 | 74 |
| Corroios · 82c779 | Active | €320,000 | €1,608 | 42.0% | 60 | 72 |
| praça Gil Vicente | Active | €340,000 | €2,764 | 0.3% | 68 | 74 |
| Median comp | €306,500 | €2,439 | 12.0% | 58 | 74 |
Long-term rental The property at €280,000 presents an attractive opportunity for long-term rental given its 4.5% gross yield and proximity to Lisbon's economy. With a fair value of €289,610 indicating a modest 3.4% gap, this investment is already subpriced within a solid suburban neighbourhood. Buy-and-hold This 3-bed apartment offers potential for a successful buy-and-hold strategy as it sits below fair market valuation. The neighbourhood's livability rating of 75/100 supports long-term appreciation, making this asset a solid addition to an investment portfolio. Family rental Aiming at the family rental market, this property is well-suited to meet the demands of suburban living. Its competitive price point, reflected by a fair value that barely exceeds the listing price, makes it a viable option for families seeking a solid home in a desirable area.
Tenant turnover risk Tenant stability is at 70/100, indicating potential challenges with tenant retention and increased costs related to turnover.
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