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 on the 1st floor, built in 1987, energy rating D. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment boasts a charming balcony overlooking the bustling street, enhancing its appeal with outdoor space for relaxation in a vibrant neighborhood. Condition Notes: All rooms feature built-in wardrobes, optimizing storage solutions.
The valuation. The asking price of €285,000 is slightly below the fair value of €288,599, indicating a minimal deviation of €3,599 (1.2%). This property is therefore assessed as being priced fairly.
Fair value modelled at €288,599 from 6 comparable sales in the area. Asking €285,000 sits €3,599 (1.2%) below — the upside to fair value.
Asking €285,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €251,468 (€3,353/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €251,468, adjusted for condition and micro-location, gives a modelled fair value of €288,599 (€3,848/m²), a €3,599 (1.2%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 3df64d | Subject | €285,000 | €3,800 | — | 72 | 72 |
| rua Paula Vicente, 6A | Active | €309,500 | €4,240 | 11.6% | 70 | 75 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 25f513 | Active | €250,000 | €3,676 | 3.3% | 75 | 73 |
| travessa dos Eucaliptos, 4A | Active | €260,000 | €3,421 | 10.0% | 73 | 72 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 08ffb3 | Active | €310,000 | €3,780 | 0.5% | 75 | 74 |
| Median comp | €284,750 | €3,728 | 1.9% | 74 | 74 |
Long-term rental The 2-bed apartment in Almada shows a fair value alignment with a 1.2% gap against the listing price, indicating it is priced appropriately for long-term rental investment. With a gross yield of 3.9%, it offers a steady return potential considering the suburban location's accessibility to Lisbon. Buy-and-hold As a buy-and-hold strategy, this property aligns well with its fair valuation, making it a reasonable asset in a stable market. The apartment's condition rating of 74/100 suggests it requires minimal immediate investment, which is advantageous for long-term investors seeking consistent appreciation. Family rental Given the property’s fair valuation and decent yield, it is well-positioned for family rental in a suburban area with access to Lisbon's amenities. The neighbourhood's tenant quality and amenities suggest a stable demand for family-oriented renters looking for comfortable living spaces.
Economic Dependence Risk Due to an economic stability score of 70/100, there is a risk that economic downturns could lead to increased vacancy rates or lower rental income for the property.
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