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, 2-bathroom apartment of 85 m², built in 1955, energy rating C. Located on largo de Filinto Elísio, 16, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This apartment includes high-resistant oak flooring and modern indirect LED lighting that enhance the elegant design while providing a warm and inviting atmosphere throughout the space.
The valuation. The asking price of €327,000 is significantly above the fair value of €281,260, indicating an overpriced property by €45,740 (14.0%). This discrepancy suggests cautious evaluation for potential investors.
Fair value modelled at €281,260 from the area baseline, adjusted for condition and location. Asking €327,000 sits €45,740 (14.0%) above — overpriced versus fair value.
Asking €327,000 versus the largo de Filinto Elísio, 16 area baseline of €294,355 (€3,463/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 83 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 79/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
largo de Filinto Elísio, 16
Area baseline €294,355 + condition +€7,305 + location +€28,476 = modelled fair value of €281,260 (€3,309/m²), a €45,740 (14.0%) gap versus the €327,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| largo de Filinto Elísio, 16 | Subject | €327,000 | €3,847 | — | 83 | 79 |
| rua Polónio Febrero Júnior, 6 | Active | €385,000 | €3,667 | 4.7% | 74 | 80 |
| rua Dom Manuel I, 16 | Active | €315,000 | €3,247 | 15.6% | 75 | 77 |
| rua António Sérgio, 5 | Active | €410,000 | €4,184 | 8.7% | 78 | 71 |
| rua do Clube Recreativo da Ramalha S / N | Active | €310,000 | €4,026 | 4.7% | 72 | 75 |
| Median comp | €350,000 | €3,847 | 0% | 75 | 76 |
Long-term rental The 2-bed apartment in Almada is priced at €327,000 while the fair value is €281,260, indicating it is overpriced by 14.0%. With a gross yield of 3.2%, investors may find it challenging to achieve attractive returns given the high price point relative to the property's value. Family rental Targeting families in this area may be feasible due to the decent condition score of 81/100; however, the overpriced nature of the property could deter potential tenants looking for more value. Families may also consider better value options in the broader Greater Lisbon region, especially with the apartment's yield offering limited financial benefits. Buy-and-hold While the apartment's condition and neighborhood ratings seem reasonable, the 14.0% gap above fair value suggests that it may not appreciate sufficiently to justify the current price. This strategy may present risks as the holding costs could outweigh potential gains in an overpriced market environment. Not ideal for: Luxury market, Short-term vacation rental
Economic-tenant alignment risk High economic stability (80/100) and tenant stability (80/100) may lead investors to underestimate the potential for disconnects in future market conditions, impacting cash flow predictions.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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