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 78 m², energy rating D. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The property includes a covered outdoor area with pre-installation for a barbecue and Velux windows, enhancing its usability and natural light. Valuation Verdict: Fair.
The valuation. The asking price of €289,000 is significantly above the fair value of €248,596, reflecting an overpricing of €40,404 or 14.0%. This indicates a potential challenge for investors seeking immediate equity growth.
Fair value modelled at €248,596 from the area baseline, adjusted for condition and location. Asking €289,000 sits €40,404 (14.0%) above — overpriced versus fair value.
Asking €289,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €270,114 (€3,463/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 73 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 70 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal
Area baseline €270,114 + condition +€1,706 + location +€21,625 = modelled fair value of €248,596 (€3,187/m²), a €40,404 (14.0%) gap versus the €289,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 6eb9c0 | Subject | €289,000 | €3,705 | — | 73 | 74 |
| rua Ramalho Ortigão S / N | Active | €278,000 | €3,915 | 5.7% | 72 | 72 |
| rua Eduardo Viana, 2 | Active | €500,000 | €4,167 | 12.5% | 75 | 74 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 0900c2 | Active | €309,500 | €4,240 | 14.4% | 80 | 74 |
| parque da Paz | Active | €285,000 | €3,851 | 3.9% | 70 | 78 |
| Median comp | €297,250 | €4,041 | 9.1% | 74 | 74 |
Long-term rental The current listing price of €289,000 represents a 14.0% gap over the fair value of €248,596, indicating that the property is overpriced. With a gross yield of 3.8%, the lower rental return further reinforces the notion that this property is not a favorable investment for long-term rental. Family rental This property, listed at €289,000, is priced 14.0% above its fair value of €248,596, deeming it overpriced for family rental purposes. Additionally, with a neighbourhood rating of 74/100, it may not provide the ideal environment for families seeking better long-term stability. Buy-and-hold Listed at €289,000 and reflecting a 14.0% premium over its fair value of €248,596, the investment is overpriced for a buy-and-hold strategy. The overall condition rating of 76/100 suggests some potential for appreciation, but the initial purchase price poses a significant hurdle to realising meaningful growth. Not ideal for Short-term vacation rental, Student housing, Luxury market
Economic downturn impact With an economic stability score of 80/100, there is a moderate risk that an economic downturn could affect rental prices and tenant retention, potentially reducing overall property income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
