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 96 m², built in 1985, energy rating C. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment boasts unobstructed views over the Tagus River, enhancing the living experience with abundant natural light from its fifth-floor location and a nearby peaceful park.
The valuation. The asking price of €365,000 is €54,182 (14.8%) above the fair value of €310,818, indicating that the property is overpriced. This discrepancy needs to be considered when evaluating potential investment returns.
Fair value modelled at €310,818 from the area baseline, adjusted for condition and location. Asking €365,000 sits €54,182 (14.8%) above — overpriced versus fair value.
Asking €365,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €277,248 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 80/100 (Housing Market 80 · Amenities 80 · Economic 85 · 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 €277,248 + condition +€300 + location +€33,270 = modelled fair value of €310,818 (€3,238/m²), a €54,182 (14.8%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 4a7cb8 | Subject | €365,000 | €3,802 | — | 72 | 80 |
| rua de Almada Negreiros | Active | €363,000 | €3,490 | 8.2% | 70 | 80 |
| rua Damião Peres, 4 | Active | €310,000 | €3,647 | 4.1% | 72 | 75 |
| avenida Dom Nuno Álvares Pereira | Active | €320,000 | €3,232 | 15.0% | 73 | 75 |
| rua Dom Manuel I, 16 | Active | €315,000 | €3,247 | 14.6% | 75 | 77 |
| Median comp | €317,500 | €3,369 | 11.4% | 73 | 76 |
Long-term rental The property is currently priced at €365,000, which is 14.8% above its fair value of €310,818, indicating it is overpriced in the market. With a gross yield of 3.4%, this strategy may not yield adequate returns given the elevated entry price. Family rental At a listing price of €365,000, this property is overpriced compared to its fair value of €310,818, creating a significant financial gap. The condition score of 75/100 and neighborhood rating of 80/100 may appeal to families, but the high price tag limits potential profitability. Buy-and-hold Selling at €365,000, the property exceeds its fair value by 14.8%, signaling an overpriced investment opportunity for buy-and-hold strategies. While the neighborhood shows promise for appreciation, the inflated price poses a risk to long-term returns.
Economic Disruption Risk With an economic stability score of 85/100, any significant downturn could still impact tenant security, given the moderate tenant stability score of 75/100, leading to potential vacancy issues.
