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 63 m² on the 2nd floor, built in 1955, energy rating C. Located on rua Irene Lisboa, 3, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Feature: The property includes a versatile pantry that can be easily transformed into a home office, enhancing its functionality for remote work. Energy Rating: C
The valuation. The asking price of €280,000 sits €33,788 below the fair value of €313,788, representing a potential upside of 10.8%. This suggests the property is currently underpriced in the market.
Fair value modelled at €313,788 from 6 comparable sales in the area. Asking €280,000 sits €33,788 (10.8%) below — the upside to fair value.
Asking €280,000 versus the rua Irene Lisboa, 3 area baseline of €262,005 (€4,159/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €262,005, adjusted for condition and micro-location, gives a modelled fair value of €313,788 (€4,981/m²), a €33,788 (10.8%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Irene Lisboa, 3 | Subject | €280,000 | €4,444 | — | 82 | 74 |
| rua Dom Pedro de Almeida Portugal, 12 | Active | €235,000 | €4,273 | 3.9% | 81 | 78 |
| avenida Heliodoro Salgado, 7 | Active | €210,000 | €5,676 | 27.7% | 70 | 75 |
| rua Rosas do Pombal | Active | €340,000 | €4,722 | 6.3% | 75 | 78 |
| Almada, Cova da Piedade, Pragal e Cacilhas · dc152c | Active | €375,000 | €4,808 | 8.2% | 80 | 70 |
| Median comp | €287,500 | €4,765 | 7.2% | 78 | 77 |
Long-term rental The 1-bed apartment in Almada offers a gross yield of 3.4%, making it a stable investment option for long-term renters seeking proximity to Lisbon's employment opportunities. With a fair value gap of 10.8%, this property not only presents an attractive entry point but also promises potential appreciation over time. Family rental This apartment is ideally suited for families looking for residential stability within a safe neighborhood, which carries a respectable quality rating of 74/100. The property’s condition rating of 81/100 further supports its appeal to families, enhancing its attractiveness as a long-term rental investment. Buy-and-hold Investing in this 1-bed apartment aligns well with a buy-and-hold strategy, given its subvalorizada status and the potential for property value growth over time. The combination of a low risk profile due to neighborhood safety and rental demand driven by the proximity to Lisbon makes it a promising asset for long-term portfolio accumulation.
Economic downturn risk With an economic stability score of 70/100, there is a significant risk that changes in the economic environment could lead to decreased demand or rental income for the property.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
