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 110 m² on the 4th floor, energy rating D. Located on praceta Alfredo Keil, 3, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment includes a private terrace with views of the cityscape, enhancing outdoor living space and aesthetic appeal.
The valuation. The asking price of €380,000 sits €37,390 (9.8%) above the fair value of €342,610, indicating that the property is overpriced. This discrepancy suggests potential challenges in realizing a return on investment compared to more fairly priced alternatives.
Fair value modelled at €342,610 from the area baseline, adjusted for condition and location. Asking €380,000 sits €37,390 (9.8%) above — overpriced versus fair value.
Asking €380,000 versus the praceta Alfredo Keil, 3 area baseline of €380,930 (€3,463/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 75 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 85 · Amenities 70 · Economic 80 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
praceta Alfredo Keil, 3
Area baseline €380,930 + condition -€4,297 + location +€29,227 = modelled fair value of €342,610 (€3,115/m²), a €37,390 (9.8%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Alfredo Keil, 3 | Subject | €380,000 | €3,455 | — | 70 | 73 |
| rua Adriano Correia de Oliveira S / N | Active | €299,000 | €3,437 | 0.5% | 73 | 72 |
| praceta de Alvalade | Active | €365,000 | €3,544 | 2.6% | 70 | 78 |
| praceta de Alvalade, 4 | Active | €372,500 | €3,617 | 4.7% | 72 | 76 |
| Laranjeiro e Feijó · 937657 | Active | €385,000 | €4,278 | 23.8% | 75 | 80 |
| Median comp | €368,750 | €3,581 | 3.6% | 73 | 77 |
Long-term rental This property is priced at €380,000, which is 9.8% above its fair value of €342,610, indicating it may not provide optimal returns in the long-term rental market. With a gross yield of only 3.4%, it falls short of attractive investment criteria for consistent cash flow. Buy-and-hold While the proximity to Lisbon may promise future appreciation, the property’s current listing price of €380,000 is considerably above its fair value of €342,610, suggesting it is overpriced. Investors might face challenges in capitalizing on the expected market growth without overpaying upfront. Family rental This apartment's pricing at €380,000, which exceeds the fair value by 9.8%, may deter families seeking affordable housing options in a suburban environment. Given its condition and neighbourhood ratings of 73/100, the property doesn't present the best opportunity for family rentals in a competitive market landscape.
[Tenant turnover risk] With a tenant stability score of 55/100, there is a significant risk of frequent tenant turnover, which could lead to increased vacancy rates and higher costs associated with attracting new tenants.
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