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 98 m², energy rating C. Located on rua Rainha D. Leonor, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This newly remodeled apartment features a stylish open space layout that seamlessly integrates the living area with the kitchen, enhanced by abundant natural light from large windows offering a river view.
The valuation. The asking price of €369,000 is significantly higher than the fair value of €318,983, resulting in an overpricing of €50,017 or 13.6%. This discrepancy suggests limited immediate investment appeal.
Fair value modelled at €318,983 from the area baseline, adjusted for condition and location. Asking €369,000 sits €50,017 (13.6%) above — overpriced versus fair value.
Asking €369,000 versus the rua Rainha D. Leonor area baseline of €283,024 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 75 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Rainha D. Leonor
Area baseline €283,024 + condition +€7,656 + location +€28,302 = modelled fair value of €318,983 (€3,255/m²), a €50,017 (13.6%) gap versus the €369,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Rainha D. Leonor | Subject | €369,000 | €3,765 | — | 75 | 75 |
| parque da Paz | Active | €335,000 | €3,045 | 19.1% | 75 | 72 |
| rua Carolina Michaelis | Active | €349,000 | €3,561 | 5.4% | 75 | 70 |
| Laranjeiro e Feijó · 1e60ec | Active | €310,000 | €3,563 | 5.4% | 78 | 74 |
| rua Dom Manuel I, 16 | Active | €315,000 | €3,247 | 13.8% | 75 | 77 |
| Median comp | €325,000 | €3,404 | 9.6% | 75 | 73 |
Long-term rental The 3-bed apartment in Almada is overpriced at €369,000, with a fair value of €318,983 indicating a 13.6% gap. As a long-term rental, the gross yield of 3.5% suggests limited potential for capital appreciation in a market where housing prices appear inflated. Family rental While the property is situated in a suburban area with good local amenities, its pricing at €369,000 is above the fair market value of €318,983. This makes it less attractive for family rentals, where affordability is critical for better tenant retention. Buy-and-hold Investing in this 3-bed apartment at €369,000, despite its decent condition and neighborhood score, presents a challenge due to its overpriced status relative to the fair value of €318,983. The buy-and-hold strategy may struggle to deliver strong returns given the existing 3.5% yield and a potential market correction in housing prices.
Economic Volatility The economic stability score of 80 suggests a relatively stable environment, but the tenant stability score of 70 indicates potential risks in long-term occupancy, which could impact consistent rental income.
