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.
1-bedroom, 1-bathroom apartment of 94 m², built in 1988. Located on praça do Comércio, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The property boasts a charming outdoor space perfect for dining or relaxation, while its upcoming switch to residential use enhances its long-term investment potential.
The valuation. The asking price of €285,000 sits below the fair value of €301,174, indicating a difference of €16,174 (5.7%). This property is thus considered underpriced based on current market conditions.
Fair value modelled at €301,174 from the area baseline, adjusted for condition and location. Asking €285,000 sits €16,174 (5.7%) below — the upside to fair value.
Asking €285,000 versus the praça do Comércio area baseline of €325,522 (€3,463/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 75 · Materials 80 · Room dimensions 72). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
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.
praça do Comércio
Area baseline €325,522 + condition +€1,469 + location +€28,233 = modelled fair value of €301,174 (€3,204/m²), a €16,174 (5.7%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça do Comércio | Subject | €285,000 | €3,032 | — | 75 | 76 |
| rua Francisco Ferrer, 48 | Active | €270,000 | €3,699 | 22.0% | 68 | 69 |
| rua Ramalho Ortigão S / N | Active | €278,000 | €3,915 | 29.1% | 72 | 72 |
| rua Eduardo Viana, 2 | Active | €500,000 | €4,167 | 37.4% | 75 | 74 |
| rua do Sol | Active | €284,000 | €4,733 | 56.1% | 70 | 83 |
| Median comp | €281,000 | €4,041 | 33.3% | 71 | 73 |
Long-term rental The property is presently listed at €285,000, which is subvalued by approximately 5.7% against the fair market value of €301,174, indicating an attractive opportunity for long-term rental income. The gross yield of 4% reflects strong rental demand driven by proximity to Lisbon and urban amenities in Greater Lisbon. Buy-and-hold With a current listing price that is approximately 5.7% below fair value, this 1-bedroom apartment presents a solid buy-and-hold investment opportunity. The increasing demand for housing near Lisbon, complemented by a good tenant quality in the neighbourhood, suggests potential for appreciation over time. Family rental This property, priced at €285,000, offers a compelling rental opportunity for families, given its fair value indication of €301,174 and a respectable gross yield of 4%. The residential environment and accessibility to urban amenities make it an ideal choice for family rentals in a sought-after location. Not ideal for short-term vacation rental Despite the overall sound investment potential, the property's characteristics and the established neighbourhood are not conducive to the short-term vacation rental market. The 76/100 condition and neighbourhood rating indicate a longer-term living appeal, limiting attractiveness for transient renters. Not ideal for student housing The 1-bedroom layout and location may not align with the needs of the student housing market, which generally demands more room-sharing options. The neighbourhood's overall rating suggests a quieter residential appeal rather than a vibrant student atmosphere, making it less suited for this type of investment.
Economic downturn risk The economic stability score of 80 indicates a relatively strong economy, but a small decline could impact tenant stability, which is currently at 75, suggesting a potential risk of vacancies or rent defaults.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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