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 90 m² on the 1st floor, energy rating C. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This apartment features a practical laundry area integrated into the kitchen, maximizing functionality while maintaining a stylish and contemporary design.
The valuation. The asking price of €385,000 is approximately 7.9% below the fair value of €418,136, suggesting it is competitively priced within the market. This aligns with a valuation verdict of fair, appealing to potential investors.
Fair value modelled at €418,136 from 6 comparable sales in the area. Asking €385,000 sits €33,136 (7.9%) below — the upside to fair value.
Asking €385,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €351,837 (€3,909/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €351,837, adjusted for condition and micro-location, gives a modelled fair value of €418,136 (€4,646/m²), a €33,136 (7.9%) gap versus the €385,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 0c0604 | Subject | €385,000 | €4,278 | — | 80 | 72 |
| rua José Gomes Ferreira, 10 | Active | €395,000 | €4,341 | 1.5% | 72 | 79 |
| Laranjeiro e Feijó · 19f8af | Active | €370,000 | €4,684 | 9.5% | 75 | 80 |
| rua João Jacinto de Magalhães S / N | Active | €295,000 | €4,683 | 9.5% | 75 | 72 |
| rua João Jacinto de Magalhães | Active | €285,000 | €4,524 | 5.8% | 80 | 77 |
| Median comp | €332,500 | €4,604 | 7.6% | 75 | 78 |
Long-term rental The property is fairly priced at €385,000, offering a gross yield of 3.4%, which aligns well with the local rental market trends. Its favorable proximity to Lisbon enhances rental demand, particularly among families seeking stable housing. Family rental With an overall condition rating of 81/100 and a neighborhood rating of 72/100, this apartment is well-positioned for attracting families looking for a comfortable living environment. The area’s family-oriented housing characteristics make it a suitable choice for long-term tenants. Buy-and-hold At a fair valuation of €385,000 compared to a fair value of €418,136, this property holds potential for steady appreciation over time. Its location next to Lisbon ensures consistent demand and employment opportunities, making it a reliable asset for long-term investment.
Tenant turnover risk The scores of 70/100 in both economic and tenant stability indicate a potential for moderate tenant turnover, which could impact cash flow and require additional investment in marketing and leasing costs to maintain occupancy 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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