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 140 m². Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This apartment features a fully equipped kitchen with stunning Tagus River views and is situated just 20 minutes on foot from the Cacilhas Ferry Terminal, enhancing its accessibility.
The valuation. The asking price of €550,000 sits €46,788 (9.3%) above the fair value of €503,213, indicating it is fairly valued in the current market. This pricing reflects the property’s quality and location within Greater Lisbon.
Fair value modelled at €503,213 from 6 comparable sales in the area. Asking €550,000 sits €46,788 (9.3%) above — overpriced versus fair value.
Asking €550,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €358,344 (€2,560/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €358,344, adjusted for condition and micro-location, gives a modelled fair value of €503,213 (€3,594/m²), a €46,788 (9.3%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · d059e2 | Subject | €550,000 | €3,929 | — | 80 | 76 |
| rua Garcia de Orta, 31 | Active | €475,000 | €4,750 | 20.9% | 80 | 82 |
| parque da Paz | Active | €340,000 | €3,400 | 13.5% | 75 | 75 |
| avenida Rainha D. Leonor | Active | €430,000 | €3,440 | 12.4% | 75 | 71 |
| Laranjeiro e Feijó · 19f7c5 | Active | €299,900 | €3,749 | 4.6% | 75 | 74 |
| Median comp | €385,000 | €3,595 | 8.5% | 75 | 75 |
Long-term rental The property is positioned for long-term rental due to its suburban location in Greater Lisbon, which offers good connectivity to the city. With a fair value gap of 9.3%, this investment exhibits a solid yield of 2.7%, aligning well with the demand for stable long-term housing options. Family rental As a 3-bed apartment with ample space, this property is well-suited for family rental, appealing to tenants seeking suburban living close to the amenities of Greater Lisbon. While priced fairly at €550,000, the yield of 2.7% reflects the potential for steady occupancy rates in a family-oriented neighborhood. Buy-and-hold This property represents a reasonable buy-and-hold strategy, with its fair valuation indicating that it is unlikely to experience significant depreciation. The 2.7% gross yield reinforces its potential for consistent rental income while maintaining a stable asset within a growing suburban area. Short-term vacation rental Given the suburban dynamics and tenant profile associated with this property, it is not ideal for short-term vacation rentals. The neighborhood's characteristics do not align with typical vacation rental demand, which may limit income potential in that segment.
Tenant turnover risk The tenant stability score of 70/100 indicates a potential for higher turnover rates, which can lead to increased vacancy periods and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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