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.
2-bedroom, 1-bathroom penthouse of 87 m² on the 7th floor, energy rating C. Located on avenida Professor Egas Moniz, 22, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Feature: The penthouse's terrace offers highly private outdoor living complemented by panoramic vistas of the Tagus Estuary and Serra da Arrábida, ideal for serene relaxation and entertaining.
The valuation. The property is listed at €410,000, representing a 20.1% discount compared to the fair value of €513,245, making it an appealing purchase opportunity for investors seeking a below-market price.
Fair value modelled at €513,245 from 6 comparable sales in the area. Asking €410,000 sits €103,245 (20.1%) below — the upside to fair value.
Asking €410,000 versus the avenida Professor Egas Moniz, 22 area baseline of €459,933 (€5,287/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €459,933, adjusted for condition and micro-location, gives a modelled fair value of €513,245 (€5,899/m²), a €103,245 (20.1%) gap versus the €410,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Professor Egas Moniz, 22 | Subject | €410,000 | €4,713 | — | 80 | 74 |
| rua Rodrigues de Faria, 103 | Active | €340,000 | €6,800 | 44.3% | 75 | 74 |
| rua João Jacinto de Magalhães | Active | €295,000 | €4,683 | 0.6% | 78 | 73 |
| rua Prior do Crato | Active | €498,000 | €6,640 | 40.9% | 80 | 80 |
| Estrela · 93892a | Active | €535,000 | €8,917 | 89.2% | 80 | 79 |
| Median comp | €419,000 | €6,720 | 42.6% | 79 | 77 |
Long-term rental This property presents an attractive opportunity for long-term rental, as it is priced at €410,000 against a fair value of €513,245, representing a significant variation in potential yield. With a gross yield of 2.7%, this investment allows for steady cash flow in an area benefiting from Lisbon's metropolitan influence. Family rental The penthouse is well-suited for family rental, given its size and amenities in the neighbourhood rated at 74/100, ensuring a comfortable living environment. The gap between the listing price and fair value indicates a lucrative opportunity to secure a family-oriented tenant at a competitive rate. Buy-and-hold As a buy-and-hold investment, this property offers solid potential given its below fair value status, making it an appealing long-term holding in a growing market. The positive condition score of 79/100 enhances its desirability, ensuring potential appreciation over time as demand in the Lisbon metropolitan area increases.
Tenant turnover risk High tenant turnover is a concern due to the tenant stability score of 60/100, which may lead to increased vacancy rates and additional costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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