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 103 m², built in 1997, energy rating D. Located on praceta de Alvalade, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This apartment features a generous kitchen with matte white cabinets and direct access to a balcony, enhancing both functionality and aesthetics in a sunlit space.
The valuation. The asking price of €365,000 is above the fair value of €326,435 by €38,565 (10.6%), indicating the property is overpriced. This discrepancy suggests potential buyers should approach with caution and realistic expectations regarding market pricing.
Fair value modelled at €326,435 from the area baseline, adjusted for condition and location. Asking €365,000 sits €38,565 (10.6%) above — overpriced versus fair value.
Asking €365,000 versus the praceta de Alvalade area baseline of €356,689 (€3,463/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 70 · Materials 75 · Room dimensions 73). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 78/100 (Housing Market 85 · Amenities 80 · Economic 90 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
praceta de Alvalade
Area baseline €356,689 + condition -€4,345 + location +€33,316 = modelled fair value of €326,435 (€3,169/m²), a €38,565 (10.6%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta de Alvalade | Subject | €365,000 | €3,544 | — | 70 | 78 |
| praceta Alfredo Keil, 9 | Active | €395,000 | €3,950 | 11.5% | 72 | 82 |
| rua Adriano Correia de Oliveira S / N | Active | €299,000 | €3,437 | 3.0% | 73 | 72 |
| praceta de Alvalade, 4 | Active | €372,500 | €3,617 | 2.1% | 72 | 76 |
| Laranjeiro e Feijó · 937657 | Active | €385,000 | €4,278 | 20.7% | 75 | 80 |
| Median comp | €378,750 | €3,784 | 6.8% | 73 | 78 |
Long-term rental The property presents a gross yield of 3.9%, which is below the market average for the area, indicating potential challenges in rental income versus investment costs. Given its currently overpriced status, pursuing a long-term rental strategy may not offer the expected returns over time. Family rental While the neighborhood holds a solid quality rating of 78/100, and the property is sized adequately for family needs, the fair value gap suggests that potential tenants may seek more affordable options. In light of the current overpriced status, investing in family rentals here may result in difficulty in securing tenants at the desired rates. Buy-and-hold Although Greater Lisbon has promising economic indicators, the property being priced 10.6% above fair value diminishes its attractiveness for a buy-and-hold approach. This overpricing limits the potential for capital appreciation and may hinder long-term investment success. Not ideal for short-term vacation rental Due to the property's overvaluation and reduced overall yield, short-term vacation rentals are unlikely to be profitable. The current market conditions do not favor short-term rental strategies in this location. Not ideal for student housing The fair value gap combined with a gross yield of 3.9% suggests student housing may not generate sufficient returns as the property is overpriced. Investors may find better opportunities elsewhere for the lucrative student rental market.
[Tenant turnover risk] With a tenant stability score of 75/100, there is a significant risk of tenant turnover, which could adversely impact cash flow and increase vacancies over time.
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