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 33 m², built in 1979. Located on rua Cândido Capilé, 15, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The property offers a 21 m² courtyard that was converted into two additional rooms, enhancing its living space and versatility in a historic residential area. Location Benefits: Conveniently situated across from Dr. Alberto Araújo Garden, it provides easy access to green areas and local amenities within walking distance.
The valuation. The asking price of €200,000 sits €40,318 (25.2%) above the fair value of €159,682, indicating the property is overpriced. This significant difference suggests potential difficulties in achieving a profitable sale based on current market assessments.
Fair value modelled at €159,682 from 6 comparable sales in the area. Asking €200,000 sits €40,318 (25.2%) above — overpriced versus fair value.
Asking €200,000 versus the rua Cândido Capilé, 15 area baseline of €142,390 (€4,315/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €142,390, adjusted for condition and micro-location, gives a modelled fair value of €159,682 (€4,839/m²), a €40,318 (25.2%) gap versus the €200,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cândido Capilé, 15 | Subject | €200,000 | €6,061 | — | 62 | 76 |
| rua Manuel de Sousa Coutinho | Active | €244,900 | €4,453 | 26.5% | 68 | 74 |
| rua Dom Carlos I, 6 | Active | €229,500 | €4,590 | 24.3% | 70 | 76 |
| avenida Professor Egas Moniz, 9 | Active | €290,000 | €5,088 | 16.1% | 70 | 79 |
| Almada, Cova da Piedade, Pragal e Cacilhas · dee5cc | Active | €249,000 | €4,527 | 25.3% | 72 | 74 |
| Median comp | €246,950 | €4,559 | 24.8% | 70 | 75 |
Long-term rental Given the 25.2% gap from its fair value, the €200,000 listing price suggests that the property is overpriced, which could limit yield potential. While the area has good access to amenities and low crime rates, its gross yield of 4.1% does not justify the elevated price point in the current rental market. Family rental This one-bedroom apartment in Almada, listed at €200,000, is overpriced by 25.2% compared to its fair value of €159,682. Although the neighbourhood quality is moderate and amenities are accessible, the rental yield does not present a compelling value proposition for families seeking affordable housing. Buy-and-hold Investing in this one-bed apartment at €200,000, which is overpriced by 25.2%, may not be advisable for a buy-and-hold strategy given the current valuation. Despite the decent neighbourhood rating of 76/100, the limited yield of 4.1% against this elevated acquisition cost is unlikely to provide satisfactory returns over time.
Potential Inconsistent Revenue The relatively high tenant stability score of 75/100 may indicate potential challenges in maintaining consistent rental payments, which can be exacerbated by the economic stability score of 80/100, suggesting that economic fluctuations could impact tenant reliability over time.
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