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, 1-bathroom house of 190 m², built in 1995, energy rating E. Located on rua de Mazagão, 1, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The property includes a sizeable backyard that offers potential for landscaping or outdoor entertainment, enhancing its appeal for family activities and gatherings.
The valuation. The asking price of €382,500 is positioned below the fair value of €408,508, indicating that it is priced within the reasonable range but not a bargain. With a difference of €26,008 (6.4%), this property is fair in valuation.
Fair value modelled at €408,508 from 6 comparable sales in the area. Asking €382,500 sits €26,008 (6.4%) below — the upside to fair value.
Asking €382,500 versus the rua de Mazagão, 1 area baseline of €579,718 (€3,051/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 25/100 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 €579,718, adjusted for condition and micro-location, gives a modelled fair value of €408,508 (€2,150/m²), a €26,008 (6.4%) gap versus the €382,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Mazagão, 1 | Subject | €382,500 | €2,013 | — | 20 | 74 |
| Laranjeiro e Feijó · 874fbb | Active | €600,000 | €1,807 | 10.2% | — | 73 |
| rua Vale de Flores, 18 | Active | €249,000 | €739 | 63.3% | 60 | 75 |
| Laranjeiro e Feijó · f5ebca | Active | €210,000 | €3,818 | 89.7% | 41 | 74 |
| rua de Alcaniça | Active | €200,000 | €2,778 | 38.0% | 65 | 71 |
| Median comp | €229,500 | €2,293 | 13.9% | 60 | 74 |
Long-term rental The property has a gross yield of 5%, which reflects a stable income potential aligned with the Greater Lisbon suburban context. Although the property has a fair valuation at €382,500, its condition rating of 25/100 indicates that significant renovations may be needed to attract long-term tenants. Family rental The neighbourhood's quality rating of 74/100 suggests it is a suitable environment for families, benefiting from access to local amenities and proximity to Lisbon. With a fair market value relative to the listing price, this property presents reasonable potential if renovations can enhance its appeal to family renters. Buy-and-hold With a fair valuation of €408,508, the property offers a long-term investment opportunity, particularly in a growing suburban market like Almada. Potential investors should consider the property’s low condition rating when planning for future investments in maintenance and upgrades to retain value over time.
Market Vulnerability The economic and tenant stability scores of 75/100 suggest a potential vulnerability to market downturns, which could impact rental income and property value significantly.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
