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, 3-bathroom duplex of 220 m², built in 2011, energy rating B. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The property includes two individual balconies, providing outdoor space, and features an elevator from the garage directly to the apartment, enhancing accessibility for all residents.
The valuation. The asking price of €620,000 is positioned below the fair value of €679,449, indicating an opportunity as it is €59,449 (9.6%) underpriced. This presents a financially compelling option for prospective investors. Buy-to-flip angle. A resale strategy could involve enhancing the property’s appeal, allowing for an attractive markup upon sales, driven by its favorable asking price relative to current market conditions. Buy-to-let angle. Long-term family rentals stand to benefit from this property’s location, even though the current gross yield is 0%, indicating strong potential for future appreciation and steady rental income.
Fair value modelled at €679,449 from the area baseline, adjusted for condition and location. Asking €620,000 sits €59,449 (9.6%) below — the upside to fair value.
Asking €620,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €761,860 (€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 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 78 · Amenities 75 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal
Area baseline €761,860 + condition -€9,281 + location +€53,370 = modelled fair value of €679,449 (€3,088/m²), a €59,449 (9.6%) gap versus the €620,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 93898a | Subject | €620,000 | €2,818 | — | 70 | 71 |
| rua General Humberto Delgado, 11 | Active | €359,900 | €3,272 | 16.1% | 77 | 72 |
| estrada Algazarra | Active | €368,000 | €2,573 | 8.7% | 68 | 85 |
| avenida Dom Nuno Álvares Pereira | Active | €420,000 | €2,625 | 6.9% | 65 | 71 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 023a46 | Active | €395,000 | €2,026 | 28.1% | 75 | 80 |
| Median comp | €381,500 | €2,599 | 7.8% | 72 | 76 |
Long-term rental The 3-bed duplex in Almada presents a compelling long-term rental opportunity due to its strategic location and growing neighborhood dynamics, despite its current yield being 0%. With a fair value estimate of €679,449, the property is currently subpriced at €620,000, providing a significant entry point for investors looking to capitalize on future appreciation. Family rental This property is well-suited for family rental purposes, given its size and quality of nearby amenities that cater to suburban lifestyles. At a fair value of €679,449, the current listing price of €620,000 not only represents an attractive entry point but also positions it favorably within a family-oriented market. Buy-and-hold Investing in this 3-bed duplex in Almada presents a solid buy-and-hold strategy, as the property is currently listed below its fair value of €679,449. With a fair gap of 9.6%, strategic investors can expect appreciation over time, making it a wise addition to a long-term portfolio.
Economic Vulnerability With an economic stability score of 70, the property may be susceptible to downturns that could directly affect rental income and property value, particularly if the tenant stability score at 65 indicates potential turnover issues.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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