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.
2-bedroom, 1-bathroom apartment of 126 m², built in 1988, energy rating B. Located on rua Afonso Galo, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This property features a spacious 60m² private terrace with barbecue and orange tree, ideal for outdoor entertaining and potential pool installation, enhancing its lifestyle appeal.
The valuation. The asking price of €360,000 exceeds the fair value of €251,165 by €108,835, representing a 30.2% markup. This property is considered overpriced in the current market conditions.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Afonso Galo | Subject | €360,000 | €2,857 | — | — | 74 |
| rua Dom Francisco Manuel de Melo | Active | €390,000 | €2,229 | 22.0% | — | 75 |
| rua dos Eucaliptos, 30 | Active | €200,000 | €3,333 | 16.7% | 68 | 76 |
| travessa João Black | Active | €360,000 | €2,769 | 3.1% | 76 | 68 |
| rua Armando Cortesão | Active | €284,000 | €3,087 | 8.0% | 78 | 74 |
| Median comp | €322,000 | €2,928 | 2.5% | 76 | 75 |
Long-term rental The property at €360,000, with a fair value of €251,165, presents a significant gap of 30.2%, indicating it is overpriced for the long-term rental market. The yield of 3.5% gross does not justify the high purchase price given the weak condition rating of 0/100. Buy-and-hold As a buy-and-hold investment, this property is less attractive due to its overpricing relative to the fair value, and the risk increases with a condition score of 0/100. Holding onto a property that is priced significantly above market value can limit the potential for capital appreciation in the long run. Family rental For family rental use, the €360,000 price tag is not justified by the fair value and presents a 30.2% gap, making it overpriced in the current housing market. The neighborhood rating of 74/100 suggests potential but does not compensate for the considerable overvaluation of this property.
Economic Sensitivity The economic stability score of 75/100 indicates a moderate risk, as any downturn could affect tenant retention given the tenant stability score of 70/100.
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Apartment in Almada, Cova da Piedade, Pragal e Cacilhas
€360,000
2 bedrooms · 126 m²
Property valuation: Not assessed
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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