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.
1-bedroom, 1-bathroom apartment of 52 m² on the 7th floor, built in 1991, energy rating E. Located on praça Capitães de Abril, 4, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This apartment features a spacious living area that enhances natural light, complemented by a private balcony ideal for enjoying morning coffee and views of the vibrant Praça Capitães de Abril.
The valuation. The asking price of €248,000 sits 22.4% above the fair value of €202,608, representing a significant premium of €45,392. This property is therefore considered overpriced and may not provide a solid investment foundation.
Fair value modelled at €202,608 from 6 comparable sales in the area. Asking €248,000 sits €45,392 (22.4%) above — overpriced versus fair value.
Asking €248,000 versus the praça Capitães de Abril, 4 area baseline of €211,757 (€4,072/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €211,757, adjusted for condition and micro-location, gives a modelled fair value of €202,608 (€3,896/m²), a €45,392 (22.4%) gap versus the €248,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça Capitães de Abril, 4 | Subject | €248,000 | €4,769 | — | 65 | 80 |
| Corroios · 0dcc7f | Active | €260,000 | €3,171 | 33.5% | 68 | 78 |
| Almada, Cova da Piedade, Pragal e Cacilhas · dee5cc | Active | €249,000 | €4,527 | 5.1% | 72 | 74 |
| rua Alves Redol, 9 | Active | €244,900 | €3,265 | 31.5% | 70 | 74 |
| rua Cidade de Porto de Amélia | Active | €240,000 | €3,000 | 37.1% | 68 | 84 |
| Median comp | €246,950 | €3,218 | 32.5% | 69 | 76 |
Long-term rental Investing in long-term rental for this property may not yield significant returns, as it is overpriced by 22.4% compared to its fair value of €202,608. With a gross yield of only 3.7%, the financial benefits are limited in the current pricing context. Family rental While this property is situated in a suburban area near Lisbon, making it appealing for family rental, the current price of €248,000 renders it overpriced. The 3.7% yield suggests that families may look for more reasonably priced options in the market. Buy-and-hold This property, though located in a desirable suburban area, is currently overpriced at €248,000, creating a disparity with its fair value. As a buy-and-hold investment, the 3.7% gross yield does not justify the elevated cost, limiting the potential for growth and profitability over time.
Market Vulnerability A decrease in the economic stability score from 80 could lead to reduced tenant demand, potentially impacting rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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