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.
0-bedroom, 0-bathroom studio of 73 m², built in 1966. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: This studio's larger room layout allows for versatile customization, while the property's proximity to the Cacilhas Riverboat Terminal offers quick access to Lisbon. Investment Opportunity: With necessary renovations, it holds strong appreciation potential in a sought-after location.
The valuation. The asking price of €178,000 sits €26,328 (14.8%) below the fair value of €204,328, indicating that this property is underpriced. Buy-to-flip angle. A resale strategy could involve renovations to improve the basic-quality finishes, enabling a profitable flip in a strong Lisbon metro market. Buy-to-let angle. With an estimated monthly rental income of €801, this property can yield a gross return of 5.4%, making it a sound buy-and-hold investment in an area with good amenities and strong employment opportunities.
Fair value modelled at €204,328 from the area baseline, adjusted for condition and location. Asking €178,000 sits €26,328 (14.8%) below — the upside to fair value.
Asking €178,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €252,799 (€3,463/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 52/100 (Condition 55 · Materials 50 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 80 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal
Area baseline €252,799 + condition -€25,892 + location +€19,396 = modelled fair value of €204,328 (€2,799/m²), a €26,328 (14.8%) gap versus the €178,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · ba5a22 | Subject | €178,000 | €2,438 | — | 55 | 73 |
| Estrela · 956809 | Active | €290,000 | €5,686 | 133.2% | 42 | 77 |
| rua José Carlos de Melo | Active | €230,000 | €2,190 | 10.2% | 45 | 74 |
| travessa do Possolo | Active | €295,000 | €5,463 | 124.0% | 65 | 81 |
| rua Elias Garcia, 37 | Active | €265,000 | €4,077 | 67.2% | 45 | 78 |
| Median comp | €277,500 | €4,770 | 95.6% | 45 | 78 |
Long-term rental The property at €178,000 presents a compelling opportunity for long-term rental, particularly with a solid gross yield of 5.4%. Given its fair value of €204,328, this acquisition can offer stable returns with a buffer against market fluctuations. Family rental With a neighborhood score of 73/100, this 0-bed studio in Almada is well-positioned to attract families seeking affordable rental options near Lisbon. The property’s fair value exceeding the listing price by 14.8% further enhances its appeal as an investment tailored for family tenants. Buy-and-hold The buy-and-hold strategy is favorable here, as the property is assessed to be below fair value while nestled in an area that enjoys strong employment opportunities. The combination of a reasonable price point and decent neighborhood amenities positions this studio as a strategic long-term asset. Not ideal for short-term rental Despite its attractive pricing, the studio is not suited for short-term rental due to its condition rating of 52/100, which may deter transient tenants. Additionally, the suburban location, while offering good amenities, does not align with typical short-term rental demand patterns. Not ideal for luxury market The property does not meet the criteria for the luxury market, primarily due to its studio configuration and condition score, which sits at 52/100. Luxury buyers typically seek higher-end features and larger living spaces, which this listing does not provide.
Potential Tenant Turnover The tenant stability score of 65/100 indicates a moderate risk of tenant turnover, which could lead to increased vacancy rates and rental income fluctuations.
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