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 62 m² on the 6th floor, built in 1987, energy rating C. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Views: The apartment offers panoramic views of Cova da Piedade from the 6th floor, enhancing natural light exposure throughout the space. Location: Centrally located near shops and public transport access.
The valuation. The asking price of €225,000 sits below the fair value of €240,804 by €15,804 (6.6%), making it a fair investment opportunity. This suggests that while it is not a bargain, it is competitively priced relative to its market value.
Fair value modelled at €240,804 from 6 comparable sales in the area. Asking €225,000 sits €15,804 (6.6%) below — the upside to fair value.
Asking €225,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €257,598 (€4,155/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 €257,598, adjusted for condition and micro-location, gives a modelled fair value of €240,804 (€3,884/m²), a €15,804 (6.6%) gap versus the €225,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 1906ca | Subject | €225,000 | €3,629 | — | 52 | 75 |
| Almada, Cova da Piedade, Pragal e Cacilhas · ade689 | Active | €215,000 | €3,839 | 5.8% | 56 | 73 |
| rua da Liberdade, 1 | Active | €265,000 | €3,955 | 9.0% | 60 | 78 |
| rua da Bela Vista | Active | €275,000 | €3,929 | 8.3% | 66 | 78 |
| parque da Paz | Active | €242,000 | €3,184 | 12.3% | — | 82 |
| Median comp | €253,500 | €3,884 | 7.0% | 60 | 78 |
Long-term rental The 1-bed apartment in Almada offers a gross yield of 3.9%, which aligns well with the suburban rental demand given its close proximity to Lisbon. Although the property is priced slightly below its fair value of €240,804, it still represents a stable investment in a neighborhood rated 75/100 for tenant quality. Family rental This apartment caters well to families looking for comfortable living near Lisbon, supported by its decent condition rating of 57/100. With the listing price of €225,000 reflecting a minor gap from fair value, it remains an attractive option for long-term family rentals in the area. Buy-and-hold Considering the property’s fair valuation, the 1-bed apartment stands as a reasonable buy for investors seeking long-term appreciation in a resilient suburban market. The 3.9% yield indicates moderate income potential while taking advantage of the neighborhood's residential appeal.
Tenant turnover risk A tenant stability score of 70/100 indicates potential challenges in maintaining long-term tenants, which could lead to increased vacancy rates and associated costs.
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