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.
3-bedroom, 2-bathroom apartment of 96 m² on the 4th floor, built in 1988, energy rating D. Located on praça São João Batista, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment boasts three balconies totaling 15m², providing excellent outdoor space and exceptional sun exposure, enhancing the overall living experience. Condition Notes: Bright, inviting interiors with quality finishes throughout the kitchen and living areas.
The valuation. The asking price of €350,000 sits 5.8% above the fair value of €330,938, indicating a fair valuation. This positioning suggests that while it's not a bargain, the pricing is reasonable given the apartment's quality and location.
Fair value modelled at €330,938 from 6 comparable sales in the area. Asking €350,000 sits €19,062 (5.8%) above — overpriced versus fair value.
Asking €350,000 versus the praça São João Batista area baseline of €304,349 (€3,170/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €304,349, adjusted for condition and micro-location, gives a modelled fair value of €330,938 (€3,447/m²), a €19,062 (5.8%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça São João Batista | Subject | €350,000 | €3,646 | — | 70 | 73 |
| praceta de Alvalade, 4 | Active | €372,500 | €3,617 | 0.8% | 72 | 76 |
| rua Adriano Correia de Oliveira S / N | Active | €299,000 | €3,437 | 5.7% | 73 | 72 |
| praceta Alfredo Keil, 3 | Active | €380,000 | €3,455 | 5.2% | 70 | 73 |
| avenida Rainha D. Leonor | Active | €430,000 | €3,440 | 5.6% | 75 | 71 |
| Median comp | €376,250 | €3,448 | 5.4% | 73 | 73 |
Long-term rental The property at €350,000 offers a gross yield of 3.6%, suggesting consistent cash flow in a suburban area of Greater Lisbon. With a fair value of €330,938 and a minimal gap of 5.8%, this investment presents stable income potential, albeit with limited appreciation upside. Family rental Attracting families in the neighborhood is viable, given the property’s condition score of 75/100 and a neighborhood rating of 73/100. Although the apartment is listed fairly, its location within the Greater Lisbon area may provide steady demand for family-oriented tenants seeking suburban comfort. Buy-and-hold Holding this property could yield stable returns due to its steady gross yield of 3.6% in a developing suburban market. The fair valuation at €350,000 indicates potential for gradual appreciation, but buyers should be aware of the limited short-term growth prospects due to the slight gap from fair value.
Economic downturn risk The economic stability score of 75 indicates a moderate risk of fluctuating economic conditions which could impact tenant stability, currently at 65, potentially leading to increased vacancy rates or lower rental income.
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