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 1960, energy rating F. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment boasts a functional kitchen equipped with modern appliances and is situated within walking distance to diverse local amenities, enhancing everyday convenience.
The valuation. The asking price of €265,000 sits slightly above the fair value of €260,801, indicating a premium of €4,199 (1.6%). However, given the property's condition and location, this valuation can be considered fair. Buy-to-flip angle. The buy-to-flip strategy would leverage the current state of the market by enhancing aesthetic features, targeting a resale price increment after minor renovations. This could yield a substantial profit margin based on local demand trends. Buy-to-let angle. A rental income strategy anticipates gross yields of approximately 3.8%, translating to around €839 monthly. This makes the property appealing for long-term family rentals in a suburban setting that benefits from proximity to Lisbon.
Fair value modelled at €260,801 from 6 comparable sales in the area. Asking €265,000 sits €4,199 (1.6%) above — overpriced versus fair value.
Asking €265,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €265,828 (€3,544/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €265,828, adjusted for condition and micro-location, gives a modelled fair value of €260,801 (€3,477/m²), a €4,199 (1.6%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · f5ea82 | Subject | €265,000 | €3,533 | — | 70 | 75 |
| avenida Dom Nuno Álvares Pereira | Active | €298,000 | €3,465 | 1.9% | — | 71 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 9570a6 | Active | €278,000 | €4,088 | 15.7% | 76 | 71 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 65a5d6 | Active | €309,000 | €3,090 | 12.5% | 64 | 78 |
| Laranjeiro e Feijó · 6ebbee | Active | €335,000 | €3,490 | 1.2% | — | 79 |
| Median comp | €303,500 | €3,478 | 1.6% | 70 | 75 |
Long-term rental The property's fair value of €260,801 is only slightly below the listing price of €265,000, indicating a fair market position. With a gross yield of 3.8%, this investment may generate steady returns but does not present a significant opportunity for superior cash flow. Family rental Considering its location in Almada, the property scores well with a neighborhood rating of 75/100, making it suitable for family tenants. However, with a fair value close to the asking price, the potential for long-term capital appreciation may be limited. Buy-and-hold Holding this property as a buy-and-hold investment could be reasonable due to its fair value alignment with the listing price, fostering stability in ownership. Yet, the muted 3.8% yield suggests that while the investment is stable, it may not offer substantial growth potential over time.
Economic dependency risk: With an economic stability score of 80/100 and a tenant stability score of 70/100, there is a risk that economic fluctuations could affect tenant retention and rental income, as a significant drop in the economy could lead to increased vacancies despite the relatively high economic score.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
