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 55 m², energy rating D. Located on rua Ilha de São Tomé, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: This property uniquely retains its original office registration, providing potential for innovative commercial use despite its current residential appearance, enhancing its investment appeal.
The valuation. The asking price of €199,000 exceeds the fair value of €193,286 by €5,714 (3.0%). This property is considered to be priced fairly based on current market conditions.
Fair value modelled at €193,286 from 6 comparable sales in the area. Asking €199,000 sits €5,714 (3.0%) above — overpriced versus fair value.
Asking €199,000 versus the rua Ilha de São Tomé area baseline of €234,043 (€4,255/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 34/100 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 €234,043, adjusted for condition and micro-location, gives a modelled fair value of €193,286 (€3,514/m²), a €5,714 (3.0%) gap versus the €199,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ilha de São Tomé | Subject | €199,000 | €3,618 | — | 30 | 80 |
| Laranjeiro e Feijó · 08ff7e | Active | €189,900 | €3,798 | 5.0% | 30 | 77 |
| rua da Boa Esperança, 8 | Active | €250,000 | €2,907 | 19.7% | 35 | 75 |
| rua Visconde Seabra, 5 | Active | €250,000 | €3,521 | 2.7% | — | 75 |
| rua Dom João IV S / N | Active | €215,000 | €3,308 | 8.6% | 30 | 76 |
| Median comp | €232,500 | €3,415 | 5.6% | 30 | 76 |
Long-term rental The 1-bed apartment in Almada presents a fair investment opportunity for long-term rental, offering a gross yield of 4.3%, which is respectable for the area. The 80/100 neighborhood rating enhances its attractiveness to potential tenants seeking stability in a suburban Lisbon environment. Family rental With a solid neighborhood score of 80/100, this property can cater to families seeking quality living in Almada, despite its condition rating of 34/100. The apartment's features and fair value of €199,000 make it suitable for family rental, though prospective investors should consider renovation costs to meet family needs. Buy-and-hold This 1-bed apartment appears reasonable for a buy-and-hold strategy, given its fair value and potential for rental income generation. The stable neighborhood environment positions it well for long-term appreciation, despite its current condition and the small gap from fair value at 3.0%.
[Tenant turnover risk] With a tenant stability score of 75/100, there is a possibility of higher tenant turnover, which may lead to increased vacancy rates and potential income loss.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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