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.
1-bedroom, 1-bathroom apartment of 41 m² on the 1st floor, energy rating E. Located on rua Luís de Queirós, 7, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The property boasts an impressive 40m² private terrace, ideal for outdoor dining and leisure, enhancing its appeal as both a personal residence and investment opportunity.
The valuation. The asking price of €235,000 is significantly above the fair value of €190,578, resulting in an excess of €44,422 (23.3%). This property is overpriced. Buy-to-flip angle. The plan for resale focuses on cosmetic updates to improve appeal, with the aim of flipping the apartment shortly after purchase for a higher return. Buy-to-let angle. With an estimated rental income of €685 per month, this strategy offers a gross yield of 3.5%, making it a viable option for long-term investment in a competitive rental market.
Fair value modelled at €190,578 from 6 comparable sales in the area. Asking €235,000 sits €44,422 (23.3%) above — overpriced versus fair value.
Asking €235,000 versus the rua Luís de Queirós, 7 area baseline of €184,506 (€4,500/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 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 €184,506, adjusted for condition and micro-location, gives a modelled fair value of €190,578 (€4,648/m²), a €44,422 (23.3%) gap versus the €235,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Luís de Queirós, 7 | Subject | €235,000 | €5,732 | — | 55 | 74 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 622a79 | Active | €260,000 | €4,815 | 16.0% | 55 | 73 |
| rua da Liberdade | Active | €260,000 | €4,333 | 24.4% | 55 | 68 |
| praça Capitães de Abril, 4 | Active | €248,000 | €4,769 | 16.8% | 65 | 80 |
| alameda de Guerra Junqueiro | Active | €220,000 | €5,116 | 10.7% | 66 | 77 |
| Median comp | €254,000 | €4,792 | 16.4% | 60 | 75 |
Long-term rental Given the current gross yield of 3.5%, this property presents limited value for long-term rental investment, considering it is priced 23.3% above fair value. Additionally, with a condition score of 57/100 and a neighborhood score of 74/100, the potential for consistent tenant demand may not justify the higher price point. Buy-and-hold The property’s price of €235,000 is considerably inflated compared to the fair value of €190,578, suggesting a lack of immediate appreciation potential for buy-and-hold strategies. Although the location benefits from its proximity to Lisbon's amenities, the current pricing undermines long-term investment gains. Family rental While this 1-bed apartment could serve families seeking affordable housing near Lisbon, its current price represents a significant overvaluation at 23.3% above fair market value. The existing yield of 3.5% and moderate condition rating make it less attractive as a family rental investment in this competitive market.
Economic and tenant risk: With both economic and tenant stability scores at 75/100, there is a moderate risk of fluctuations in rental income due to potential market instability.
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