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 55 m², built in 1982, energy rating D. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This apartment features two enclosed balconies that enhance natural light and provide additional leisure space, while its good access to public transport makes it ideal for commuters.
The valuation. The asking price of €255,000 exceeds the fair value of €172,333 by €82,667, representing a 32.4% premium. This property is therefore deemed overpriced in the current market conditions.
Fair value modelled at €172,333 from the area baseline, adjusted for condition and location. Asking €255,000 sits €82,667 (32.4%) above — overpriced versus fair value.
Asking €255,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €158,840 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 68 · Materials 72 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal
Area baseline €158,840 + condition -€4,297 + location +€17,790 = modelled fair value of €172,333 (€3,133/m²), a €82,667 (32.4%) gap versus the €255,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 261fdb | Subject | €255,000 | €4,636 | — | 68 | 78 |
| Almada, Cova da Piedade, Pragal e Cacilhas · dee5cc | Active | €249,000 | €4,527 | 2.4% | 72 | 74 |
| avenida Professor Egas Moniz, 9 | Active | €290,000 | €5,088 | 9.7% | 70 | 79 |
| Corroios · 6d5536 | Active | €225,000 | €5,921 | 27.7% | 75 | 72 |
| Corroios · 95689e | Active | €320,000 | €3,478 | 25.0% | 72 | 77 |
| Median comp | €269,500 | €4,808 | 3.7% | 72 | 76 |
Long-term rental The 1-bed apartment in Almada is currently overpriced at €255,000, sitting 32.4% above its fair value of €172,333, which diminishes the appeal for long-term rental investments. With a gross yield of only 3.2%, investors may find better opportunities elsewhere in Greater Lisbon that offer a more favorable return on investment. Buy-and-hold Acquiring this property for a buy-and-hold strategy is not advisable, given its overvaluation at €255,000 compared to the fair value of €172,333. The property's gross yield of 3.2% does not sufficiently compensate for the current market price, thus presenting more risk than potential reward. Family rental Although families may prefer the location due to its amenities and tenant quality, the apartment's price of €255,000 indicates it is overpriced by 32.4% relative to its fair value. The 3.2% yield suggests that investment returns are unlikely to meet expectations in this segment of the rental market.
Tenant Default Risk The tenant stability score of 75/100 indicates a moderate risk of tenant turnover or default, potentially impacting rental income and occupancy rates.
