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, 2-bathroom apartment of 81 m², built in 1992, energy rating D. Located on rua Nuno Álvares Botelho, 20, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment features a hallway with a built-in wardrobe for efficient storage and is located on the ground floor for easy accessibility without stairs.
The valuation. The asking price of €295,000 sits €23,650 (8.7%) above the fair value of €271,350. This indicates that while the property is priced reasonably, it is slightly over the estimated market value for similar properties in the area.
Fair value modelled at €271,350 from 6 comparable sales in the area. Asking €295,000 sits €23,650 (8.7%) above — overpriced versus fair value.
Asking €295,000 versus the rua Nuno Álvares Botelho, 20 area baseline of €258,047 (€3,186/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 53/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €258,047, adjusted for condition and micro-location, gives a modelled fair value of €271,350 (€3,350/m²), a €23,650 (8.7%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Nuno Álvares Botelho, 20 | Subject | €295,000 | €3,642 | — | 55 | 81 |
| rua Agatão Lança, 44 | Active | €345,000 | €3,450 | 5.3% | 62 | 76 |
| praceta Doutor Barbosa Du Bocage, 1 | Active | €270,000 | €4,286 | 17.7% | 57 | 75 |
| rua Luís Serrão Pimentel, 3 | Active | €357,500 | €3,250 | 10.8% | 55 | 77 |
| avenida 25 de Abril, 3 | Active | €360,000 | €3,364 | 7.6% | 55 | 78 |
| Median comp | €351,250 | €3,407 | 6.5% | 56 | 77 |
Long-term rental This property offers a fair rental yield of 4.1%, making it suitable for steady, long-term income potential. Given the proximity to Lisbon's employment centers and strong tenant quality in the neighbourhood, it aligns well with long-term rental strategies. Buy-and-hold While the property is currently priced fairly at €295,000 versus the fair value of €271,350, its maintenance condition of 53/100 indicates the need for future investment. Nevertheless, the desirable location within Greater Lisbon supports a resilient property appreciation over time, providing a stable long-term hold. Family rental The 3-bed layout is ideal for families seeking accommodation in a suburban yet accessible area, where the neighbourhood scores 81/100 for amenity access. Although the property is not a bargain, its fair valuation and proximity to family-friendly services strengthen its appeal in the family rental market.
Economic downturn risk The economic stability score of 80/100 indicates a relatively strong economy, but any significant downturn could lead to decreases in tenant demand and rental income.
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