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 142 m² on the 3rd floor, energy rating D. Located on praceta Galileu Saúde Correia, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The property includes a sunroom that enhances natural light and provides additional flexible space, while the kitchen's solid wood countertops offer both durability and aesthetic appeal.
The valuation. The listing price of €485,000 is significantly above the fair value of €412,332, indicating an overpriced status by €72,668 (17.6%). This suggests caution for potential buyers considering the investment.
Fair value modelled at €412,332 from 6 comparable sales in the area. Asking €485,000 sits €72,668 (17.6%) above — overpriced versus fair value.
Asking €485,000 versus the praceta Galileu Saúde Correia area baseline of €403,802 (€2,844/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €403,802, adjusted for condition and micro-location, gives a modelled fair value of €412,332 (€2,904/m²), a €72,668 (17.6%) gap versus the €485,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Galileu Saúde Correia | Subject | €485,000 | €3,415 | — | 70 | 80 |
| praça da Portela | Active | €429,000 | €2,648 | 22.5% | 70 | 75 |
| Caparica e Trafaria · f14da9 | Active | €345,000 | €3,165 | 7.3% | 65 | 73 |
| rua da Bela Vista, 92 | Active | €310,000 | €2,793 | 18.2% | 70 | 75 |
| rua da Boa Esperança | Active | €315,000 | €3,214 | 5.9% | 70 | 79 |
| Median comp | €330,000 | €2,979 | 12.8% | 70 | 75 |
Long-term rental The current listing price of €485,000 represents a 17.6% gap over the fair value of €412,332, indicating the property is overpriced. With a gross yield of 3.9%, investors might find it challenging to achieve satisfactory returns in the long term given the current valuation. Buy-and-hold The property at €485,000, assessed to be overpriced compared to its fair value, could restrict potential capital appreciation for long-term investors. While the neighbourhood enjoys a reasonable score of 80/100, the investment's value does not align with its inflated price point. Family rental At €485,000, the property is overpriced when juxtaposed with the fair value of €412,332, which may deter families seeking affordable long-term housing solutions. Given its decent condition score of 66/100 and a gross yield of 3.9%, the financial metrics do not support a favorable family rental investment in this instance.
Potential Market Fluctuation: With an economic stability score of 80/100 and a tenant stability score of 80/100, there is a risk that changes in the economic environment could lead to a decrease in demand, affecting rental income and occupancy rates significantly.
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