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, 2-bathroom house of 76 m², energy rating C. Located on rua das Ilhas Maldivas, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. The property boasts a private garden with a deck, ideal for outdoor entertaining, and provides parking for up to two vehicles, enhancing both leisure and convenience.
The valuation. The asking price of €470,000 is significantly higher than the fair value of €252,693, representing a difference of €217,307 (46.2%). The property is therefore considered overpriced. Buy-to-flip angle. This property lacks potential for a quick resale as its current price exceeds fair market value, limiting immediate profit opportunities. Buy-to-let angle. With an estimated gross yield of 2% and projected rental income of €783/month, the potential cash flow may not justify the asking price in a competitive rental market.
Fair value modelled at €252,693 from the area baseline, adjusted for condition and location. Asking €470,000 sits €217,307 (46.2%) above — overpriced versus fair value.
Asking €470,000 versus the rua das Ilhas Maldivas area baseline of €219,488 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 (Condition 85 · Materials 84 · Room dimensions 82). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 77/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua das Ilhas Maldivas
Area baseline €219,488 + condition +€9,500 + location +€23,705 = modelled fair value of €252,693 (€3,325/m²), a €217,307 (46.2%) gap versus the €470,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Ilhas Maldivas | Subject | €470,000 | €6,184 | — | 85 | 77 |
| rua dos Cooperativistas, 10 | Active | €390,000 | €3,391 | 45.2% | 72 | 76 |
| Corroios · 0dd006 | Active | €400,000 | €4,000 | 35.3% | 72 | 82 |
| parque da Paz | Active | €479,900 | €3,934 | 36.4% | 75 | 75 |
| Caparica e Trafaria · 4a805c | Active | €199,000 | €3,317 | 46.4% | 68 | 78 |
| Median comp | €395,000 | €3,663 | 40.8% | 72 | 77 |
Long-term rental A long-term rental strategy may struggle given that the property is overpriced by 46.2%, and the current gross yield of 2% is considerably low. The high asking price compared to fair value suggests that profitability may not be sustainable in this market. Buy-and-hold Adopting a buy-and-hold approach is deterred by the significant price overvaluation at €470,000, which is well above the fair value of €252,693. Investors should be cautious, as capital appreciation may not materialize given the property's inflated price. Family rental While the neighborhood has a decent tenant quality, the property's valuation being 46.2% above fair value limits its viability for family rental purposes. Families seeking affordable housing options may be priced out, reducing demand and potential rental income. Not ideal for Due to its overvaluation and limited gross yield, this property is not ideal for short-term vacation rental, student housing, or the luxury market. These segments typically require a more favorable investment landscape to achieve sustainable returns.
Economic Vulnerability With an economic stability score of 80 and tenant stability score of 75, there is a risk of potential revenue fluctuations should tenant turnover increase, given that a higher turnover could impact cash flow stability.
