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 80 m² on the 4th floor, built in 1990, energy rating C. Located on avenida António José Gomes, 60, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Outdoor Space: Features a charming balcony for relaxation, plus a closed enclosed porch ideal for additional storage or a cozy reading nook. Building Condition: The building has undergone recent structural improvements ensuring long-term stability.
The valuation. The asking price of €345,000 is €24,291 (7.6%) above the fair value of €320,709, indicating the property is priced fairly within the market context. The valuation aligns with neighborhood dynamics and overall condition.
Fair value modelled at €320,709 from 6 comparable sales in the area. Asking €345,000 sits €24,291 (7.6%) above — overpriced versus fair value.
Asking €345,000 versus the avenida António José Gomes, 60 area baseline of €322,310 (€4,029/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €322,310, adjusted for condition and micro-location, gives a modelled fair value of €320,709 (€4,009/m²), a €24,291 (7.6%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida António José Gomes, 60 | Subject | €345,000 | €4,313 | — | 70 | 80 |
| praça José Afonso | Active | €299,000 | €4,600 | 6.7% | — | 76 |
| Corroios · 0902bb | Active | €270,000 | €3,418 | 20.7% | 65 | 76 |
| Laranjeiro e Feijó · 00179d | Active | €295,000 | €4,609 | 6.9% | — | 69 |
| praceta Gomes Leal, 1 | Active | €340,000 | €3,091 | 28.3% | 68 | 76 |
| Median comp | €297,000 | €4,009 | 7.0% | 67 | 76 |
Long-term rental The 2-bed apartment in Almada presents a fair investment opportunity for long-term rental, with a yield of 2.9% gross. Its solid neighborhood score of 80/100 suggests a stable tenant quality, supporting consistent demand. Family rental With a fair value assessment and proximity to good schools and lower crime rates, this property is well-suited for family rentals. Its 65/100 condition rating indicates that while some improvements may be needed, the apartment remains an attractive option for families looking to settle in a suburban area. Buy-and-hold Investing in this property as a buy-and-hold strategy is viable given its fair valuation and the area's economic characteristics, which indicate potential for long-term appreciation. The apartment's location in Almada ensures ongoing demand, making it a reliable addition to a diversified property portfolio.
Tenant turnover risk The tenant stability score of 75/100 indicates a moderate risk of tenant turnover, which could lead to increased vacancy rates and impact rental income negatively.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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