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 54 m² on the 6th floor, energy rating E. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The property includes a covered terrace with sea views, enhancing the living space, and benefits from great solar exposure with two front-facing aspects.
The valuation. The asking price of €260,000 is slightly above the fair value of €253,181, reflecting a difference of €6,819 or 2.7%. This indicates that the property is positioned fairly in the current market.
Fair value modelled at €253,181 from 6 comparable sales in the area. Asking €260,000 sits €6,819 (2.7%) above — overpriced versus fair value.
Asking €260,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €241,729 (€4,476/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 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 €241,729, adjusted for condition and micro-location, gives a modelled fair value of €253,181 (€4,689/m²), a €6,819 (2.7%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 622a79 | Subject | €260,000 | €4,815 | — | 55 | 73 |
| alameda de Guerra Junqueiro | Active | €220,000 | €5,116 | 6.3% | 66 | 77 |
| praça Capitães de Abril, 4 | Active | €248,000 | €4,769 | 0.9% | 65 | 80 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 43927c | Active | €246,000 | €4,241 | 11.9% | 68 | 71 |
| Almada, Cova da Piedade, Pragal e Cacilhas · dee5cc | Active | €249,000 | €4,527 | 6.0% | 72 | 74 |
| Median comp | €247,000 | €4,648 | 3.5% | 67 | 76 |
Long-term rental The property presents a gross yield of 3.5%, which aligns with the typical rental returns expected in suburban Lisbon, particularly in the Cova da Piedade area. Given that the fair value is slightly less than the listing price, this investment could provide steady income but may not offer significant appreciation potential. Buy-and-hold As a buy-and-hold investment, this property allows for stable cash flow due to its fair positioning in the local market. However, the close proximity of the listing price to its fair value suggests limited upside potential over the long term. Family rental Ideal for families, the property boasts a neighborhood rating of 73/100, indicating a desirable living environment close to amenities. While the fair value assessment reflects reasonable pricing, the modest yield implies that this investment may not experience rapid appreciation in value over time.
Economic Vulnerability The economic stability score of 70/100 indicates a moderate risk of economic downturns affecting property values and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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