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.
0-bedroom, 0-bathroom apartment of 60 m², built in 1983. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This property boasts a spacious 23 m² private patio, ideal for outdoor gatherings and relaxation, enhancing the urban living experience with a touch of tranquility.
The valuation. The asking price of €273,000 exceeds the fair value of €184,514 by €88,486 (32.4%), indicating that the property is overpriced. This discrepancy suggests limited upside potential in terms of immediate equity growth.
Fair value modelled at €184,514 from the area baseline, adjusted for condition and location. Asking €273,000 sits €88,486 (32.4%) above — overpriced versus fair value.
Asking €273,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €207,780 (€3,463/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 70 · Materials 75 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal
Area baseline €207,780 + condition -€6,094 + location +€17,328 = modelled fair value of €184,514 (€3,075/m²), a €88,486 (32.4%) gap versus the €273,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · b7c1dc | Subject | €273,000 | €4,550 | — | 70 | 75 |
| rua Manuel de Sousa Coutinho, 8A | Active | €199,900 | €5,879 | 29.2% | 73 | 76 |
| Estrela · 96c72a | Active | €345,000 | €6,900 | 51.6% | 72 | 81 |
| avenida Professor Egas Moniz, 9 | Active | €290,000 | €5,088 | 11.8% | 70 | 79 |
| rua Presidente Arriaga | Active | €295,000 | €6,556 | 44.1% | 75 | 82 |
| Median comp | €292,500 | €6,218 | 36.6% | 73 | 80 |
Long-term rental The property at €273,000 has a fair value of €184,514, indicating a gap of 32.4% that suggests the property is overpriced. With a gross yield of 3.6%, long-term rental income may not sufficiently compensate for the premium price paid. Family rental Although the neighborhood scores 75/100, indicating decent amenities and safety for families, the property's price of €273,000 does not align with its fair value of €184,514, making it overpriced. Families may be attracted to the area, but the current pricing limits the potential for profitable family rental opportunities. Buy-and-hold Investing in this property as a buy-and-hold strategy appears less favorable due to its fair value being significantly lower than the listing price, which is set at €273,000. Given its condition rating of 69/100 and the high price point, the potential for future appreciation is compromised by its current overvaluation.
Economic Vulnerability With an economic stability score of 75/100, there is a moderate risk that economic downturns could impact property value and demand, potentially leading to lower rental income. Tenant Reliability A tenant stability score of 70/100 suggests a notable risk of tenant turnover, which could increase vacancy periods and associated costs.
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
