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 108 m² on the 4th floor, energy rating D. Located on rua Augusto Gil, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment includes glazed balconies that enhance its energy efficiency and provide seamless indoor-outdoor living while offering panoramic views of the surrounding landscape.
The valuation. The asking price of €350,000 exceeds the fair value of €290,068 by €59,932 (20.7%), indicating the property is overpriced. This discrepancy raises concerns for potential investors considering the market conditions.
Fair value modelled at €290,068 from 6 comparable sales in the area. Asking €350,000 sits €59,932 (20.7%) above — overpriced versus fair value.
Asking €350,000 versus the rua Augusto Gil area baseline of €263,803 (€2,443/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 €263,803, adjusted for condition and micro-location, gives a modelled fair value of €290,068 (€2,686/m²), a €59,932 (20.7%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Augusto Gil | Subject | €350,000 | €3,241 | — | 74 | 81 |
| rua Damião Peres S / N | Active | €325,000 | €3,283 | 1.3% | 72 | 70 |
| rua da Boa Esperança | Active | €245,000 | €2,356 | 27.3% | 65 | 80 |
| rua União Piedense S / N | Active | €358,000 | €2,887 | 10.9% | 80 | 78 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 49b951 | Active | €359,500 | €2,723 | 16.0% | 70 | 79 |
| Median comp | €341,500 | €2,805 | 13.4% | 71 | 79 |
Long-term rental The 3-bed apartment in Almada has a fair value of €290,068, indicating it is overpriced by 20.7% at its current listing price of €350,000. While the area boasts a decent neighbourhood score of 81/100, the gross yield of 3.7% does not justify the premium price. Family rental With a listing price significantly higher than fair value, this 3-bed apartment is not an appealing investment for family rentals. Despite its attractive proximity to amenities and a good neighbourhood rating, the rental yield does not compensate for the 20.7% gap from fair value. Buy-and-hold Investing in this property as a buy-and-hold strategy is unadvisable due to its 20.7% overpricing compared to fair value. The market conditions and tenant quality may support stable long-term demand, but the inflated purchase price raises concerns about future returns on investment.
Tenant turnover risk High tenant turnover is possible due to a tenant stability score of 78/100, which indicates that there may be challenges in retaining tenants over time.
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