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 65 m², built in 2019, energy rating D. Located on rua Dom João IV S / N, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment features two fronts with unobstructed river views and a cozy balcony, providing ample natural light throughout the space, ideal for a renovation project.
The valuation. The asking price of €215,000 is notably above fair value, which is estimated at €167,227. This makes the property overpriced by €47,773 or 22.2%.
Fair value modelled at €167,227 from the area baseline, adjusted for condition and location. Asking €215,000 sits €47,773 (22.2%) above — overpriced versus fair value.
Asking €215,000 versus the rua Dom João IV S / N area baseline of €187,720 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 36/100 (Condition 30 · Materials 35 · Room dimensions 42). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Dom João IV S / N
Area baseline €187,720 + condition -€40,016 + location +€19,523 = modelled fair value of €167,227 (€2,573/m²), a €47,773 (22.2%) gap versus the €215,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom João IV S / N | Subject | €215,000 | €3,308 | — | 30 | 76 |
| rua da Boa Esperança, 8 | Active | €250,000 | €2,907 | 12.1% | 35 | 75 |
| Laranjeiro e Feijó · 99f1d3 | Active | €235,000 | €3,507 | 6.0% | 40 | 83 |
| Laranjeiro e Feijó · 08ff7e | Active | €189,900 | €3,798 | 14.8% | 30 | 77 |
| rua Afonso de Paiva, 15 | Active | €265,000 | €3,786 | 14.5% | 35 | 74 |
| Median comp | €242,500 | €3,647 | 10.2% | 35 | 76 |
Long-term rental The property is overpriced at €215,000 compared to the fair value of €167,227, representing a 22.2% gap. Despite a decent gross yield of 5.1%, the condition rating of 36/100 indicates significant potential for maintenance and renovation costs, making it less appealing for long-term rental investment. Family rental With the property priced at €215,000 while the fair value stands at €167,227, it is clear that the investment is overpriced by 22.2%. Although the neighborhood is rated at 76/100 for its amenities and tenant quality, the apartment's poor condition detracts from its suitability for family rentals. Buy-and-hold The buy-and-hold strategy for this property is challenged by its current price of €215,000, which exceeds the fair valuation of €167,227 by 22.2%. Coupled with a low condition score of 36/100, potential investors should be cautious as this indicating future renovation expenses that may diminish returns over time.
Tenant turnover risk The tenant stability score of 75/100 indicates a moderate risk of tenant turnover, which could lead to potential vacancy losses and increased costs associated with leasing the property.