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 148 m², built in 1969, energy rating D. Located on rua Gil Anes da Costa, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This property features a spacious 80m² outdoor garden and terrace, ideal for entertaining or relaxing, and is conveniently located near public transport options and local amenities.
The valuation. The asking price of €349,000 is €60,846 below the fair value of €409,846, representing a discount of 14.8%. This positions the property as an attractive investment opportunity.
Fair value modelled at €409,846 from 5 comparable sales in the area. Asking €349,000 sits €60,846 (14.8%) below — the upside to fair value.
Asking €349,000 versus the rua Gil Anes da Costa area baseline of €304,750 (€2,059/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 €304,750, adjusted for condition and micro-location, gives a modelled fair value of €409,846 (€2,769/m²), a €60,846 (14.8%) gap versus the €349,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Gil Anes da Costa | Subject | €349,000 | €2,358 | — | 72 | 75 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 28b724 | Active | €330,000 | €2,750 | 16.6% | 80 | 82 |
| travessa João Black | Active | €360,000 | €2,769 | 17.4% | 76 | 68 |
| rua dos Lusíadas, 12 | Active | €210,000 | €2,625 | 11.3% | 75 | 71 |
| rua Afonso Galo | Active | €295,000 | €4,097 | 73.8% | 75 | 74 |
| Median comp | €312,500 | €2,760 | 17.0% | 76 | 73 |
Long-term rental The property in Almada offers a compelling opportunity for long-term rental, especially with its gross yield of 4%. With a fair value of €409,846 compared to the listing price of €349,000, there is a notable gap of 14.8%, making it an attractive option for stable cash flow. Buy-and-hold Considering a buy-and-hold strategy, this apartment is situated in a suburban area of Lisbon that benefits from residential stability and good schools. The property’s fair value indicates a substantial potential for appreciation over time, supporting a long-term investment perspective. Family rental This apartment is ideal for family rental due to its generous space and the family-oriented nature of the neighborhood, which scores 75/100. The combination of safety, amenities, and its competitive pricing relative to fair value ensures it will attract quality tenants seeking a family-friendly environment.
Tenant turnover risk Higher tenant turnover may be expected due to a tenant stability score of 70/100, potentially leading to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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