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.
4-bedroom, 2-bathroom apartment of 103 m², built in 1962, energy rating C. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This apartment features two long balconies that provide picturesque views of the main avenue and partial glimpses of the River, enhancing its appeal as a bright urban retreat.
The valuation. The asking price of €367,000 is slightly below the fair value of €381,347, reflecting a modest discount of €14,347 (3.8%). This property is fairly priced relative to market standards.
Fair value modelled at €381,347 from 6 comparable sales in the area. Asking €367,000 sits €14,347 (3.8%) below — the upside to fair value.
Asking €367,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €292,514 (€2,840/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €292,514, adjusted for condition and micro-location, gives a modelled fair value of €381,347 (€3,702/m²), a €14,347 (3.8%) gap versus the €367,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 38b5ba | Subject | €367,000 | €3,563 | — | 74 | 72 |
| praceta de Ricardo Jorge S / N | Active | €495,000 | €3,613 | 1.4% | 74 | 73 |
| rua de Angola, 21 | Active | €455,000 | €3,792 | 6.4% | 80 | 75 |
| avenida Dom Nuno Álvares Pereira | Active | €320,000 | €3,232 | 9.3% | 73 | 75 |
| Laranjeiro e Feijó · 1e60ec | Active | €310,000 | €3,563 | 0% | 78 | 74 |
| Median comp | €387,500 | €3,588 | 0.7% | 76 | 75 |
Long-term rental The property presents a gross yield of 4.3%, which is a reasonable return in the current market. Given its fair value status, it is positioned to attract stable long-term tenants in a suburban Lisbon neighborhood with good amenities. Family rental With a spacious 103m² layout and four bedrooms, this apartment is well-suited for families looking for proximity to both urban conveniences and coastal leisure. The fair valuation indicates a sound investment for those targeting family-oriented renters in a desirable location. Buy-and-hold This property’s fair value alignment suggests a sensible opportunity for investors pursuing long-term appreciation without immediate market pressures. The favorable neighborhood ratings reinforce its appeal as a hold investment, benefiting from both demographic demand and location advantages.
Potential Rent Delinquency Risk Tenants may struggle to pay rent on time due to the relatively low tenant stability score of 65/100, indicating potential instability in tenant reliability.
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