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 72 m², energy rating D. Located on rua Afonso Galo, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment boasts a spacious private terrace exceeding 30 m², perfect for outdoor entertaining, and includes a closed storage area for added convenience.
The valuation. The asking price of €295,000 is significantly above the fair value of €232,960, resulting in an overpricing of €62,040 (21.0%). This suggests that potential buyers may face challenges in justifying the premium cost. Buy-to-flip angle. The property could appeal to investors looking to capitalize on aesthetic enhancements, holding potential for quick resale at a higher price after minor renovations. However, the current asking price limits immediate profitability in a buy-to-flip strategy. Buy-to-let angle. With an estimated gross yield of 3.6% and potential rental income of ~€885 per month, this unit could serve as a stable long-term rental option, attracting families in the Greater Lisbon area due to its suburban location and connectivity.
Fair value modelled at €232,960 from the area baseline, adjusted for condition and location. Asking €295,000 sits €62,040 (21.0%) above — overpriced versus fair value.
Asking €295,000 versus the rua Afonso Galo area baseline of €249,336 (€3,463/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 75 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 70 · Amenities 70 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Afonso Galo
Area baseline €249,336 + condition +€5,063 + location +€19,962 = modelled fair value of €232,960 (€3,236/m²), a €62,040 (21.0%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Afonso Galo | Subject | €295,000 | €4,097 | — | 75 | 74 |
| travessa João Black, 13 | Active | €360,000 | €4,235 | 3.4% | 78 | 72 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 6eb9c0 | Active | €289,000 | €3,705 | 9.6% | 73 | 74 |
| Laranjeiro e Feijó · de0bd4 | Active | €499,000 | €4,229 | 3.2% | 80 | 79 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 0900c2 | Active | €309,500 | €4,240 | 3.5% | 80 | 74 |
| Median comp | €334,750 | €4,232 | 3.3% | 79 | 74 |
Long-term rental The apartment's gross yield of 3.6% indicates a less attractive return relative to its asking price of €295,000, which is 21.0% above the fair value. Given the suburb's good connectivity to the city center, demand for long-term rentals may remain steady, but the high price limits potential profitability. Family rental While the neighbourhood scores well with a rating of 74/100, the 21.0% gap to fair value suggests that the apartment may be overpriced for families seeking permanent housing options. The property’s condition rating of 80/100 may appeal to families, yet the financial metrics do not support a compelling investment case. Buy-and-hold This property’s pricing at €295,000, substantially over its calculated fair value, limits its attractiveness for a buy-and-hold strategy. The underlying neighbourhood benefits from good amenities and connectivity, but the high acquisition cost could hinder capital appreciation over the long term.
Tenant turnover risk There is a potential risk of increased tenant turnover given the moderate tenant stability score of 75/100, which may impact rental income.
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