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, 2-bathroom apartment of 95 m², built in 1994, energy rating D. Located on rua da Cooperativa Piedense, 97, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment boasts a private yard equipped with a barbecue, ideal for al fresco dining and gatherings in a serene setting, enhancing outdoor living space.
The valuation. The asking price of €360,000 is substantially above the fair value of €317,674, representing an overvaluation of €42,326 (11.8%). This indicates that the property may not be a suitable investment at its current price. Buy-to-flip angle. With the apartment's appeal due to high-quality finishes, a buy-to-flip strategy could focus on minor cosmetic updates to enhance its value before resale, targeting a quicker turnover to recoup investment costs. Buy-to-let angle. Given an estimated rental income of €1,020/month, the property offers a gross yield of 3.4%, making it a potential option for long-term rental, appealing to families in search of convenient suburban living near Lisbon.
Fair value modelled at €317,674 from the area baseline, adjusted for condition and location. Asking €360,000 sits €42,326 (11.8%) above — overpriced versus fair value.
Asking €360,000 versus the rua da Cooperativa Piedense, 97 area baseline of €274,360 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 80/100 (Housing Market 85 · Amenities 80 · Economic 90 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua da Cooperativa Piedense, 97
Area baseline €274,360 + condition +€10,391 + location +€32,923 = modelled fair value of €317,674 (€3,344/m²), a €42,326 (11.8%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Cooperativa Piedense, 97 | Subject | €360,000 | €3,789 | — | 80 | 80 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 65a6c1 | Active | €387,000 | €3,486 | 8.0% | 76 | 80 |
| rua João Villaret | Active | €290,000 | €3,295 | 13.0% | 74 | 78 |
| avenida Arsenal do Alfeite, 56 | Active | €385,000 | €4,231 | 11.6% | 80 | 66 |
| Laranjeiro e Feijó · 0902e7 | Active | €345,000 | €3,382 | 10.7% | 80 | 69 |
| Median comp | €365,000 | €3,434 | 9.4% | 78 | 74 |
Long-term rental The property, priced at €360,000, is overpriced compared to its fair value of €317,674, making it a less desirable option for long-term rental investments. With a gross yield of only 3.4%, potential cash flow may be limited, impacting returns in the long run. Buy-and-hold Investing in this property as a buy-and-hold strategy is not ideal, given its current price exceeds its fair value by 11.8%. Owners may struggle to achieve significant appreciation or attractive returns due to the property's inflated asking price. Family rental This property is overpriced at €360,000, with a fair value indicating a more suitable price of €317,674, making it challenging to attract families seeking affordable rental options. The modest quality ratings may also deter families, who often value functional condition and reasonable pricing in their housing choices.
Tenant turnover risk: With a tenant stability score of 75/100, there is a potential risk of higher turnover rates which can lead to increased vacancy costs and reduced cash flow.
