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 apartment of 112 m² on the 4th floor, built in 1990, energy rating D. Located on rua do Forte, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment includes a sunroom accessible from both the living room and one bedroom, providing a serene outdoor space amidst urban living.
The valuation. The asking price stands at €320,000, which is €33,417 (9.5%) below the fair value of €353,417. This property is valued fairly, offering a reasonable entry point for investment.
Fair value modelled at €353,417 from 6 comparable sales in the area. Asking €320,000 sits €33,417 (9.5%) below — the upside to fair value.
Asking €320,000 versus the rua do Forte area baseline of €352,224 (€3,145/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €352,224, adjusted for condition and micro-location, gives a modelled fair value of €353,417 (€3,156/m²), a €33,417 (9.5%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Forte | Subject | €320,000 | €2,857 | — | 60 | 72 |
| rua Conde Castelo Melhor | Active | €230,000 | €2,584 | 9.6% | 68 | 75 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 3a747c | Active | €312,000 | €3,250 | 13.7% | 66 | 78 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 16238d | Active | €350,000 | €3,211 | 12.4% | — | 77 |
| Laranjeiro e Feijó · 5da14d | Active | €279,000 | €3,100 | 8.5% | 58 | 77 |
| Median comp | €295,500 | €3,156 | 10.4% | 66 | 77 |
Long-term rental With a gross yield of 4.2%, this property presents a reasonable opportunity for stable long-term rental returns, albeit not exceptional given the fair value of €353,417. The location in the Lisbon metropolitan area contributes positively to tenant demand, underlining the appropriateness of this strategy without implying an undervaluation. Buy-and-hold Owning this property for a long-term horizon may align well with market trends, given its fair valuation alongside solid neighborhood scores. The prudent approach is to anticipate value appreciation over time rather than immediate gains, maintaining a focus on the property’s fair market standing. Family rental Targeting families for rental in this area makes sense due to its suburban characteristics and decent neighborhood rating of 72/100, providing good amenities and safety. While the property is fairly priced, prospective owners should be mindful of the competition within the family rental market. Short-term rental Considering the current fair valuation and average condition rating of 63/100, this property may not yield favorable results in the short-term rental market. The overall suburban context and family-oriented neighborhood score indicate lower potential for lucrative short-term rental returns. Luxury market This property is unlikely to meet the demands of the luxury market given its average condition and position within a typical suburban area. The fair value assessment suggests that it doesn't align with high-end investment expectations. Student housing The property isn’t well-suited for student housing given its average condition and the neighborhood's more family-oriented nature. The fair valuation reinforces that this asset doesn't cater to the specific needs of student renters in the Lisbon area.
Tenant turnover risk The tenant stability score of 65/100 indicates a potential for higher tenant turnover, which could lead to increased vacancy periods and associated costs.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
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.
Sign in to buy the report or use a credit
