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.
6-bedroom, 3-bathroom apartment of 215 m², built in 1980, energy rating B. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Outdoor Feature: The property includes a private 20m² garden on the ground floor, ideal for creating a personalized outdoor leisure space in a prime urban setting.
The valuation. The asking price of €649,000 is slightly below the fair value of €687,756, indicating it is priced appropriately in the market with a difference of €38,756 (5.6%). Buy-to-flip angle. The property has potential for a buy-to-flip strategy, allowing investors to enhance its appeal and resell it for a profit based on the appreciating suburban market. Buy-to-let angle. For rental income, the estimated gross yield of 3.6% provides a monthly rental income of approximately €1,947, making it a viable long-term investment in the desirable Almada area.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 16265e | Subject | €649,000 | €3,019 | — | — | 80 |
| Estrela · 9119c3 | Active | €630,000 | €5,575 | 84.7% | 36 | 78 |
| rua José Lourenço de Carvalho S / N | Active | €375,000 | €3,125 | 3.5% | 40 | 74 |
| Almada, Cova da Piedade, Pragal e Cacilhas · f14db4 | Active | €360,000 | €3,273 | 8.4% | 42 | 75 |
| rua José Lourenço de Carvalho, 2 | Active | €375,000 | €3,125 | 3.5% | — | 80 |
| Median comp | €375,000 | €3,199 | 6.0% | 40 | 77 |
Long-term rental The property, listed at €649,000, presents a fair value assessment of €687,756 with a yield of 3.6% gross, positioning it as a stable long-term investment. The neighborhood rating of 80/100 suggests a desirable living environment, which could attract reliable tenants over the long haul. Family rental At €649,000, this 6-bed apartment maintains a fair valuation against its fair market value of €687,756, making it an acceptable option for family rentals. The good access to schools in Greater Lisbon enhances its attractiveness to families seeking stable living arrangements. Buy-and-hold This property is fairly valued at €649,000 compared to a fair value of €687,756, which indicates a reasonable entry point for a buy-and-hold investment strategy. With a favorable neighborhood rating of 80/100, the potential for appreciation over time remains intact despite current yields of 3.6%. Not ideal for Short-term vacation rental, Student housing, Luxury market The current asking price of €649,000 exceeds its fair value of €687,756, signaling it is not a fitting option for short-term vacation rentals or housing geared toward students. Likewise, its pricing and condition do not conform to the expectations of the luxury market, which typically demands higher standards.
Tenant turnover risk With a tenant stability score of 75/100, there is a potential risk of higher vacancy rates and turnover-related costs affecting overall 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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