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, 1-bathroom apartment of 90 m², built in 1988, energy rating C. Located on rua Francisco Vieira de Almeida, 11, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Notable Feature: The property boasts unobstructed views of Cristo Rei from both balconies, enhancing its appeal in a well-connected urban environment. Potential Note: Kitchen and bathroom updates could further modernize this charming space.
The valuation. The asking price of €320,000 is 8.2% below the fair value of €348,750, indicating that this property is priced fairly based on current market conditions. This suggests a reasonable starting point for negotiation.
Fair value modelled at €348,750 from 6 comparable sales in the area. Asking €320,000 sits €28,750 (8.2%) below — the upside to fair value.
Asking €320,000 versus the rua Francisco Vieira de Almeida, 11 area baseline of €352,051 (€3,912/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 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 €352,051, adjusted for condition and micro-location, gives a modelled fair value of €348,750 (€3,875/m²), a €28,750 (8.2%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Francisco Vieira de Almeida, 11 | Subject | €320,000 | €3,556 | — | 65 | 82 |
| praceta Barbosa do Bocage | Active | €310,000 | €3,875 | 9.0% | — | 72 |
| praceta Barbosa do Bocage | Active | €310,000 | €3,875 | 9.0% | — | 76 |
| praceta Barbosa do Bocage | Active | €310,000 | €3,875 | 9.0% | — | 75 |
| rua José Correia da Serra | Active | €235,000 | €2,901 | 18.4% | 71 | 73 |
| Median comp | €310,000 | €3,875 | 9.0% | 71 | 74 |
Long-term rental This property presents a gross yield of 3.9%, making it a reasonable choice for a long-term rental strategy. Given the fair value of €348,750, this apartment aligns with a sound investment outlook in a suburban area close to Lisbon with good amenities and low crime. Buy-and-hold The apartment's fair value of €348,750 indicates that the current price of €320,000 is neither an opportunity nor a disadvantage, but rather reflective of a stable market condition. With a tenant quality rating of 82/100, this buy-and-hold strategy could yield steady returns over time. Family rental With its proximity to Lisbon and above-average educational infrastructure, this property is well-positioned for family rentals. The neighbourhood score of 82/100 indicates a desirable living environment, supporting consistent demand from families looking for quality housing. Not ideal for student housing Given the suburban location and the property’s condition rating of 64/100, this apartment is not well-suited for student housing. The family-oriented demographics of the area make it less attractive for transient student renters. Not ideal for short-term vacation rental The apartment’s fair valuation and modest yield of 3.9% suggest that it would not perform well as a short-term vacation rental investment. The local market dynamics do not favor the volatility associated with this rental strategy. Not ideal for luxury market This property’s condition score and overall market positioning do not cater to the high expectations associated with the luxury market. Selling at a fair value indicates a stability that counters the premium pricing typically sought in luxury investments.
Economic Vulnerability The economic stability score of 80 suggests potential exposure to market fluctuations that could impact rental income and property value over time. Tenant Vulnerability Although the tenant stability score is high at 85, any significant economic downturn could still lead to increased vacancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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