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, 2-bathroom apartment of 110 m², built in 1984, energy rating C. Located on avenida D. Nuno Álvares Pereira, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Unique Feature: This apartment includes high-durability vinyl flooring and false ceilings with recessed LED lighting, enhancing both aesthetic appeal and energy efficiency throughout the living spaces.
The valuation. The asking price of €385,000 is €35,675 below the fair value of €420,675, representing an 8.5% discount. This positions the property at a fair valuation within the current market dynamics.
Fair value modelled at €420,675 from 6 comparable sales in the area. Asking €385,000 sits €35,675 (8.5%) below — the upside to fair value.
Asking €385,000 versus the avenida D. Nuno Álvares Pereira area baseline of €328,149 (€2,983/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €328,149, adjusted for condition and micro-location, gives a modelled fair value of €420,675 (€3,824/m²), a €35,675 (8.5%) gap versus the €385,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida D. Nuno Álvares Pereira | Subject | €385,000 | €3,500 | — | 85 | 76 |
| rua Rainha D. Leonor | Active | €369,000 | €3,765 | 7.6% | 75 | 75 |
| parque da Paz | Active | €335,000 | €3,045 | 13.0% | 75 | 72 |
| Laranjeiro e Feijó · 6eba23 | Active | €310,000 | €3,370 | 3.7% | 80 | 73 |
| rua do Armeiro-Mor | Active | €367,500 | €4,224 | 20.7% | 80 | 72 |
| Median comp | €351,250 | €3,568 | 1.9% | 78 | 73 |
Long-term rental The property in Almada presents a decent yield of 3.5% gross, which aligns with the demands of the long-term rental market. However, given its fair valuation of €385,000, it may not offer strong upward movement potential was the market stabilizes. Family rental Positioned in a suburban area near Lisbon, this 3-bed apartment is well-suited for families seeking quality housing, reflected in the good condition score of 84/100. Although the fair value indicates a reasonable price, the 8.5% gap suggests that while it is a suitable option, there are potentially better investment opportunities available for family rentals. Buy-and-hold With a strong connection to Lisbon’s economic and cultural amenities, this property could maintain stable demand for future appreciation as a buy-and-hold investment. Nevertheless, priced at €385,000, it sits at fair value, indicating limited immediate capital growth potential in the competitive market of Almada.
Tenant turnover risk The economic and tenant stability scores of 75/100 suggest a moderate risk of tenant turnover, which could impact rental income consistency.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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