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 75 m², built in 1986, energy rating E. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment features a multifunctional sunroom and a large terrace providing outdoor leisure opportunities, enhancing livability in a highly sought-after area of Almada.
The valuation. The asking price of €325,000 is positioned 9.1% below the fair value of €357,430. This valuation criteria suggests that the property is priced reasonably in the current market.
Fair value modelled at €357,430 from 6 comparable sales in the area. Asking €325,000 sits €32,430 (9.1%) below — the upside to fair value.
Asking €325,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €350,647 (€4,675/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €350,647, adjusted for condition and micro-location, gives a modelled fair value of €357,430 (€4,766/m²), a €32,430 (9.1%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 652fae | Subject | €325,000 | €4,333 | — | 72 | 74 |
| jardim e Varanda | Active | €269,000 | €5,173 | 19.4% | 67 | 66 |
| rua José da Silva Mendes S / N | Active | €265,000 | €4,649 | 7.3% | 70 | 81 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 001b86 | Active | €270,000 | €4,426 | 2.1% | 70 | 74 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 8ee898 | Active | €450,000 | €5,294 | 22.2% | 75 | 73 |
| Median comp | €269,500 | €4,911 | 13.3% | 70 | 74 |
Long-term rental This property in Almada is positioned in a stable part of the Lisbon metropolitan area, making it suitable for long-term rentals despite a fair valuation. With a gross yield of 3%, the investment is relatively predictable, offering steady income potential in a neighborhood rated 74/100 for tenant quality. Buy-and-hold Given the fair valuation of €325,000, this apartment is an acceptable choice for a buy-and-hold strategy as it aligns with the appreciation potential in a neighborhood benefiting from proximity to Lisbon's urban job market. The current condition rating of 70/100 suggests manageable upgrades could enhance its value over time while securing consistent rental income. Family rental As a suitable option for family rentals, this 2-bed apartment can cater to a demand for family-sized housing in an area that boasts reasonable amenities and overall neighborhood quality. Although it is fairly priced, its long-term stability and growth potential warrant consideration for families looking for affordable yet spacious living accommodations in Almada.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate risk of tenant turnover, which could lead to increased vacancy rates and potential loss of rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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