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 49 m² on the 5th floor, built in 1977, energy rating B. Located on avenida Rainha Dona Leonor, 50, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment features a custom-designed kitchen with a Silestone peninsula and extensive natural light through double-glazed windows, enhancing the modern aesthetic and spacious feel.
The valuation. The asking price of €274,900 is significantly above the fair value of €162,955, by €111,945 or 68.7%. This property is clearly overpriced, indicating a disconnect from market realities.
Fair value modelled at €162,955 from 6 comparable sales in the area. Asking €274,900 sits €111,945 (68.7%) above — overpriced versus fair value.
Asking €274,900 versus the avenida Rainha Dona Leonor, 50 area baseline of €137,059 (€2,797/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €137,059, adjusted for condition and micro-location, gives a modelled fair value of €162,955 (€3,326/m²), a €111,945 (68.7%) gap versus the €274,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Rainha Dona Leonor, 50 | Subject | €274,900 | €5,610 | — | 80 | 78 |
| avenida Luís de Camões, 41 | Active | €199,000 | €4,422 | 21.2% | 75 | 69 |
| Corroios · 937455 | Active | €210,000 | €2,692 | 52.0% | 65 | 77 |
| rua Armando Cortesão | Active | €284,000 | €3,087 | 45.0% | 78 | 74 |
| rua Irene Lisboa, 3 | Active | €280,000 | €4,444 | 20.8% | 82 | 74 |
| Median comp | €245,000 | €3,755 | 33.1% | 77 | 74 |
Long-term rental The property in Almada is currently overpriced, with a significant gap of 68.7% from its fair value of €162,955. With a gross yield of only 2.9%, the investment may not generate a satisfactory return over the long term. Family rental Given the current pricing, the 1-bed apartment in Almada is overpriced, making it a less appealing option for family rentals. While the neighbourhood offers good amenities, the financial return does not align with the market expectations for a family-oriented tenant base. Buy-and-hold At €274,900, this property is overpriced compared to its fair value, suggesting limited appreciation potential in the buy-and-hold strategy. Investors might find themselves facing challenges in capitalizing on long-term appreciation given the current market dynamics and yield rate. Not ideal for short-term vacation rental This apartment is not suitable for short-term vacation rental, especially considering the significant markup over its fair value. The lower gross yield and high price could deter potential short-term tenants who expect value for their stay.
Economic Dependence The economic stability score of 75/100 suggests a moderate reliance on local economic conditions, which could impact tenant demand and rental income during downturns.
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