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 73 m², built in 1991, energy rating D. Located on rua Paula Vicente, 6A, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This apartment boasts a fully equipped independent kitchen and a modern aesthetic with floating flooring in bedrooms, contributing to its contemporary living environment ready for immediate occupancy.
The valuation. The asking price of €309,500 is significantly above the fair value of €232,249, resulting in an overvaluation of €77,251 (25.0%). This discrepancy indicates that the property is overpriced.
Fair value modelled at €232,249 from the area baseline, adjusted for condition and location. Asking €309,500 sits €77,251 (25.0%) above — overpriced versus fair value.
Asking €309,500 versus the rua Paula Vicente, 6A area baseline of €210,824 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 70 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Paula Vicente, 6A
Area baseline €210,824 + condition +€342 + location +€21,082 = modelled fair value of €232,249 (€3,181/m²), a €77,251 (25.0%) gap versus the €309,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Paula Vicente, 6A | Subject | €309,500 | €4,240 | — | 70 | 75 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 08ffb3 | Active | €310,000 | €3,780 | 10.8% | 75 | 74 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 25f513 | Active | €250,000 | €3,676 | 13.3% | 75 | 73 |
| rua do Cabo da Boa Esperança | Active | €299,000 | €3,987 | 6.0% | 85 | 74 |
| rua Ramalho Ortigão S / N | Active | €278,000 | €3,915 | 7.6% | 72 | 72 |
| Median comp | €288,500 | €3,848 | 9.3% | 75 | 74 |
Long-term rental The property is currently overpriced at €309,500 compared to its fair value of €232,249, resulting in a 25.0% gap that limits potential for yield enhancement. With a gross yield of only 3.4% and an average condition rating of 75/100, this investment lacks the robust returns typically sought in long-term rental strategies. Buy-and-hold As the property is listed above its fair value, it does not present a compelling case for a buy-and-hold strategy amidst a burgeoning market near Cascais and Lisbon. The existing condition and neighbourhood ratings indicate that appreciation potential may be stifled in the current pricing environment. Family rental Being priced at €309,500, the apartment exceeds its fair value, making it less appealing for a family rental investment strategy that typically benefits from value-driven pricing. The moderate yield and condition ratings suggest that finding suitable tenants may prove challenging, further complicating this investment angle.
Economic sensitivity The economic stability score of 75 indicates medium risk, suggesting potential vulnerability to economic downturns affecting tenant retention, given the tenant stability score of 70.