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, 3-bathroom house of 200 m², energy rating D. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This property features a fully operational shop with a dedicated bathroom and storage area, enhancing its versatility for both residential and commercial use.
The valuation. The asking price of €850,000 is very close to the fair value of €856,324, resulting in a minor discrepancy of just €6,324 (0.7%). This reflects a property that is priced fairly for its market position.
Fair value modelled at €856,324 from 6 comparable sales in the area. Asking €850,000 sits €6,324 (0.7%) below — the upside to fair value.
Asking €850,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €819,306 (€4,097/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 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 €819,306, adjusted for condition and micro-location, gives a modelled fair value of €856,324 (€4,282/m²), a €6,324 (0.7%) gap versus the €850,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · ee8926 | Subject | €850,000 | €4,250 | — | 68 | 74 |
| parque da Paz | Active | €479,900 | €3,934 | 7.4% | 75 | 75 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 5ed0ec | Active | €319,000 | €3,798 | 10.6% | — | 73 |
| travessa das Meloas, 7 | Active | €250,000 | €4,630 | 8.9% | 68 | 74 |
| rua das Ilhas Maldivas | Active | €470,000 | €6,184 | 45.5% | 85 | 77 |
| Median comp | €394,500 | €4,282 | 0.8% | 75 | 75 |
Family rental The property in Almada presents a fair opportunity in the family rental market due to its 3-bedroom configuration and spacious 200m² layout. While the property yields a gross return of 3.5%, the condition and neighborhood scores suggest it can cater to a family-oriented demographic seeking stability. Long-term rental Given the close proximity to employment centers in Greater Lisbon, this property is positioned well for long-term rental potential. Its fair valuation of €850,000, alongside gross yields of 3.5%, aligns with market expectations and provides a steady income stream in a desirable area. Buy-and-hold Investing in this property as a buy-and-hold strategy appears reasonable, especially considering its fair value of €856,324 and solid neighborhood ratings. The property's location and decent yield make it a strategic choice for investors looking to benefit from potential appreciation over time.
Tenant Default Risk Given a tenant stability score of 70/100, there is a heightened risk of tenant defaults, which could impact rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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