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, 1-bathroom mix_use_building of 156 m², built in 1961. Located on largo Luís de Camões, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This property features a historical charm with potential for urban rehabilitation and flexible project options, situated in a vibrant area rich with cultural references.
The valuation. The asking price of €370,000 is significantly below the fair value of €473,008, marking a discount of €103,008 (27.8%). This indicates that the property is subvalued and presents an attractive opportunity for investors.
Fair value modelled at €473,008 from the area baseline, adjusted for condition and location. Asking €370,000 sits €103,008 (27.8%) below — the upside to fair value.
Asking €370,000 versus the largo Luís de Camões area baseline of €540,228 (€3,463/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 58 · Materials 72 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
largo Luís de Camões
Area baseline €540,228 + condition -€24,375 + location +€46,855 = modelled fair value of €473,008 (€3,032/m²), a €103,008 (27.8%) gap versus the €370,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| largo Luís de Camões | Subject | €370,000 | €2,372 | — | 58 | 76 |
| Almada, Cova da Piedade, Pragal e Cacilhas · c1f203 | Active | €1,400,000 | €2,456 | 3.6% | — | 76 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 6032d8 | Active | €1,565,000 | €2,825 | 19.1% | — | 70 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 6032d9 | Active | €2,200,000 | €2,546 | 7.4% | — | 73 |
| rua do Arco a Alcântara, 12 | Active | €2,900,000 | €2,929 | 23.5% | — | 74 |
| Median comp | €1,882,500 | €2,686 | 13.2% | — | 74 |
Long-term rental This property offers significant upside potential with a 27.8% gap to fair value, making it an attractive option for long-term rental, especially in a suburban location close to Lisbon. The neighborhood’s 76/100 rating indicates a solid demand for rental properties, ensuring a stable tenant base. Family rental Given the safe, family-oriented environment of Cova da Piedade, this property is well-positioned for family rentals, leveraging its proximity to Lisbon and local amenities. The property’s condition and decent neighborhood score suggest it can effectively cater to families looking for comfortable living space without straying too far from the city. Buy-and-hold With the property's fair value significantly surpassing its listing price, it presents a compelling buy-and-hold opportunity in an accessible suburban area. The consistent demand anticipated in this neighborhood supports long-term capital growth potential for savvy investors. Not ideal for: This property is not suitable for student housing, as its family-centric appeal does not align with the transient nature of student renters. Additionally, the potential for value-add renovation is limited due to its current condition and neighborhood type, making it less attractive for investors seeking to enhance property value in that manner. Luxury market The luxury market is not a fitting strategy here, as the location and property specifics indicate a focus on affordability rather than high-end living. Thus, investors should be cautious if considering this property for luxury positioning, as it does not meet the criteria typically expected in that segment.
Economic downturn risk Given the economic stability score of 80, there is a reasonable risk of economic fluctuations impacting the property, which could affect tenant retention as indicated by the tenant stability score of 75.
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
