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 85 m², energy rating D. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This property features a continuous balcony that enhances the living space, offering unobstructed views of the vibrant Avenida Principal, ideal for outdoor relaxation and urban enjoyment.
The valuation. The asking price of €450,000 sits slightly above the fair value of €444,615, marking a difference of €5,385 (1.2%). This reflects a property positioned at fair value.
Fair value modelled at €444,615 from 6 comparable sales in the area. Asking €450,000 sits €5,385 (1.2%) above — overpriced versus fair value.
Asking €450,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €383,773 (€4,515/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 is above the parish average, lifting 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 €383,773, adjusted for condition and micro-location, gives a modelled fair value of €444,615 (€5,231/m²), a €5,385 (1.2%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 8ee898 | Subject | €450,000 | €5,294 | — | 75 | 73 |
| rua Maestro António Taborda, 32 | Active | €365,000 | €5,615 | 6.1% | 76 | 80 |
| rua José da Silva Mendes S / N | Active | €265,000 | €4,649 | 12.2% | 70 | 81 |
| rua Pedro Dias | Active | €395,000 | €5,985 | 13.0% | 80 | 80 |
| rua das Janelas Verdes, 84 | Active | €495,000 | €5,964 | 12.7% | 75 | 81 |
| Median comp | €380,000 | €5,790 | 9.4% | 76 | 81 |
Long-term rental With a fair value of €444,615, this property listing at €450,000 presents a minimal gap of 1.2%, indicating a fair investment opportunity. The gross yield of 2.5% is modest, suitable for investors seeking stability over high returns in the predominantly suburban Lisbon area. Buy-and-hold Investing in this apartment would be appropriate for a buy-and-hold strategy, as its fair valuation suggests that it is in line with current market expectations. The property’s decent condition rating of 77/100 further supports a long-term investment perspective. Family rental This property is well-positioned for family rental due to its adequate size and location within the Lisbon metropolitan area. The neighbourhood’s overall rating of 73/100 reflects a solid environment for families, even though the rental yield remains low at 2.5%. Not ideal for short-term rental The apartment's gross yield of 2.5% does not align with the higher returns typically sought in the short-term rental market. Additionally, the property’s suburban setting may not attract the tourist demand necessary for successful short-term rentals. Not ideal for student housing This property is not suitable for student housing given its low yield and suburban location, which might deter potential student tenants. The apartment’s offering does not meet the competitive rental returns generally expected for properties in student-friendly areas.
Potential rent volatility The economic and tenant stability scores both at 70/100 suggest a moderate risk of rent fluctuations due to underlying economic conditions and potential tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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