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 house of 54 m², energy rating E. Located on travessa das Meloas, 7, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This property features a newly improved facade and is within a two-minute walk from Continente, enhancing both curb appeal and convenience for future residents.
The valuation. The asking price of €250,000 is significantly above the fair value of €214,207, by €35,793 (16.7%). This indicates the property is overpriced in the current market. Buy-to-flip angle. The resale strategy focuses on renovating the average-quality materials to appeal to buyers, enabling a potential quick flip for profit when the market shifts. Buy-to-let angle. Given the estimated gross yield of 4.9% (~€1,021/month), the rental income strategy targets long-term family rentals in this stabilizing neighborhood for consistent cash flow.
Fair value modelled at €214,207 from 6 comparable sales in the area. Asking €250,000 sits €35,793 (16.7%) above — overpriced versus fair value.
Asking €250,000 versus the travessa das Meloas, 7 area baseline of €220,696 (€4,087/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €220,696, adjusted for condition and micro-location, gives a modelled fair value of €214,207 (€3,967/m²), a €35,793 (16.7%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa das Meloas, 7 | Subject | €250,000 | €4,630 | — | 68 | 74 |
| avenida Vale de Milhaços | Active | €400,000 | €2,857 | 38.3% | 60 | 75 |
| Corroios · 0dd006 | Active | €400,000 | €4,000 | 13.6% | 72 | 82 |
| parque da Paz | Active | €479,900 | €3,934 | 15.0% | 75 | 75 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 9384b3 | Active | €600,000 | €3,727 | 19.5% | — | 77 |
| Median comp | €439,950 | €3,831 | 17.3% | 72 | 76 |
Family rental The property is priced at €250,000, which is 16.7% above its fair value of €214,207, indicating it is overpriced for a family rental. Despite its proximity to Lisbon and relatively low crime rates, the yield of 4.9% gross may not justify the elevated price point for family tenants seeking better value. Long-term rental With a fair value gap of 16.7%, the asking price of €250,000 places the house in an overpriced category for long-term rental investments. Although it features a decent condition score of 66 and a neighborhood rating of 74, the investment may not provide the desired return for long-term tenants. Buy-and-hold While housing in Almada has potential due to its economic stability and suburban characteristics, the property’s valuation at €250,000 is 16.7% above fair value, making it overpriced for a buy-and-hold strategy. Investors may find that the gross yield of 4.9% does not compensate for the inflated purchase price, limiting long-term appreciation prospects.
Economic volatility risk The property's economic stability score of 70/100 suggests potential fluctuations in local economic conditions that may affect rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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