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 100 m² on the 1st floor, built in 1984, energy rating C. Located on avenida Dom Nuno Álvares Pereira, 41, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment includes a sunroom-style laundry area that enhances functionality, while its proximity of 30 meters to the Surface Metro ensures exceptional connectivity to Lisbon.
The valuation. The asking price of €385,000 sits above the fair value of €356,322 by €28,678 (8.0%), making it a fair deal for potential buyers. This reflects a solid investment opportunity given the quality of the property.
Fair value modelled at €356,322 from 5 comparable sales in the area. Asking €385,000 sits €28,678 (8.0%) above — overpriced versus fair value.
Asking €385,000 versus the avenida Dom Nuno Álvares Pereira, 41 area baseline of €273,677 (€2,737/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 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 €273,677, adjusted for condition and micro-location, gives a modelled fair value of €356,322 (€3,563/m²), a €28,678 (8.0%) gap versus the €385,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Dom Nuno Álvares Pereira, 41 | Subject | €385,000 | €3,850 | — | 88 | 74 |
| avenida 23 de Julho, 383 | Active | €349,500 | €3,883 | 0.9% | 75 | 73 |
| rua do Armeiro-Mor | Active | €367,500 | €4,224 | 9.7% | 78 | 74 |
| Laranjeiro e Feijó · 1e60ec | Active | €310,000 | €3,563 | 7.4% | 78 | 74 |
| rua Dom Manuel I, 16 | Active | €315,000 | €3,247 | 15.7% | 75 | 77 |
| Median comp | €332,250 | €3,723 | 3.3% | 77 | 74 |
Long-term rental The property is listed at €385,000, which is close to its fair value of €356,322, indicating a fair investment opportunity with an 8.0% gap vs fair value. With a gross yield of 3.4%, it provides an acceptable return that aligns with the suburban area's economic prospects and proximity to Lisbon. Family rental Given the property’s fair value positioning and the solid condition rating of 86/100, it is suitable for family rental in the neighborhood, which offers essential amenities and good tenant quality. The proximity to Lisbon enhances its appeal for families seeking reliable and accessible housing options south of the capital. Buy-and-hold While the property is priced fairly at €385,000, the overall balance of yield and condition suggests it is a stable buy-and-hold option in a suburban market with growth potential. The neighborhood’s access to Lisbon’s economic opportunities makes it a reasonable long-term investment, although the yield of 3.4% may limit cash flow enhancement strategies. Short-term vacation rental This property is not ideal for short-term vacation rentals due to its fair valuation and lower yield, which may not support the operational costs typically associated with this rental strategy. The surrounding area, while providing good amenities, is more suited for long-term residents.
Economic and Tenant Instability With both the economic and tenant stability scores at 70/100, there is a heightened risk of fluctuating rental income and potential vacancies, which could adversely affect the property's profitability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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