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 house of 131 m², built in 1988, energy rating D. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The property includes a private yard, enhancing outdoor leisure possibilities, and is situated within a peaceful residential area, ensuring a tranquil living environment.
The valuation. The asking price of €415,000 is €25,639 (6.6%) above the fair value of €389,361, reflecting a valuation that is aligned with market expectations and consistent with the property's quality and location.
Fair value modelled at €389,361 from 6 comparable sales in the area. Asking €415,000 sits €25,639 (6.6%) above — overpriced versus fair value.
Asking €415,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €336,657 (€2,570/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €336,657, adjusted for condition and micro-location, gives a modelled fair value of €389,361 (€2,972/m²), a €25,639 (6.6%) gap versus the €415,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 7cad02 | Subject | €415,000 | €3,168 | — | 80 | 75 |
| Corroios · a80257 | Active | €535,000 | €2,972 | 6.2% | 72 | 83 |
| rua Miguel Torga, 19 | Active | €535,000 | €2,972 | 6.2% | 72 | 74 |
| parque da Paz | Active | €479,900 | €3,934 | 24.2% | 75 | 75 |
| rua São Jorge da Mina, 18 | Active | €450,000 | €2,368 | 25.2% | 72 | 73 |
| Median comp | €507,450 | €2,972 | 6.2% | 72 | 75 |
Long-term rental The property presents a moderate gross yield of 3.8%, making it suitable for long-term rental strategies in a stable housing market. Its condition score of 79/100 indicates that it requires some upkeep, but the fair rating suggests it can generate consistent rental income. Family rental With a solid neighborhood rating of 75/100, this 3-bed house is well-placed for families seeking a long-term residence in a community-oriented environment. The fair value suggests that the investment aligns with market conditions, although not representing a unique opportunity for families. Buy-and-hold Investors may consider a buy-and-hold strategy due to the fair valuation of €415,000, while the consistent demand in the Greater Lisbon area supports long-term property appreciation. However, with a minor gap versus fair value of 6.6%, the property does not promise extraordinary returns over time, reflecting stability rather than growth potential.
Tenant turnover risk With a tenant stability score of 75/100, there is a potential risk of higher turnover rates resulting in increased vacancy costs and an unstable rental income stream.
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
