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, 1-bathroom apartment of 106 m², energy rating E. Located on rua Elias Garcia S / N, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Exclusive Outdoor Space: Enjoy a spacious 30 m² terrace offering potential for outdoor living and entertainment, complemented by the building's approved renovation plans enhancing overall value.
The valuation. The asking price of €295,000 is notably above the fair value of €276,619, creating a difference of €18,381 (6.2%). This property is assessed as overpriced, which may deter potential buyers.
Fair value modelled at €276,619 from the area baseline, adjusted for condition and location. Asking €295,000 sits €18,381 (6.2%) above — overpriced versus fair value.
Asking €295,000 versus the rua Elias Garcia S / N area baseline of €367,078 (€3,463/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 39/100 (Condition 35 · Materials 40 · Room dimensions 45). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Elias Garcia S / N
Area baseline €367,078 + condition -€60,122 + location +€30,613 = modelled fair value of €276,619 (€2,610/m²), a €18,381 (6.2%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Elias Garcia S / N | Subject | €295,000 | €2,783 | — | 35 | 75 |
| rua José Carlos de Melo | Active | €230,000 | €2,190 | 21.3% | 45 | 74 |
| rua Dom João de Portugal | Active | €130,000 | €1,300 | 53.3% | 43 | 81 |
| rua Dom João IV S / N | Active | €215,000 | €3,308 | 18.9% | 30 | 76 |
| rua Visconde Seabra, 5 | Active | €250,000 | €3,521 | 26.5% | — | 75 |
| Median comp | €222,500 | €2,749 | 1.2% | 43 | 76 |
Long-term rental The 2-bed apartment in Almada is listed at €295,000, which is 6.2% above its fair value of €276,619, indicating that it is overpriced. With a gross yield of 3.8% and a condition score of 39/100, this investment may not generate ideal long-term returns as expected in the rental market. Buy-and-hold Given the current price of €295,000 and a fair value of €276,619, this apartment can be classified as overpriced, which raises concerns for long-term appreciation potential. The modest conditions reflected in the score of 39/100 suggest that significant investment may be required, undermining the buy-and-hold strategy appeal. Family rental Although the apartment has characteristics that could attract families, its listing price of €295,000 exceeds the fair value by 6.2%, making it overpriced. The combination of a low yield of 3.8% and a reasonable neighborhood score of 75/100 may dissuade families looking for value and quality in their next home.
Economic Softening Risk: With both economic and tenant stability scores at 75/100, there is potential for declining economic conditions, which could adversely affect rental income and property value.
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