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.
2-bedroom, 1-bathroom apartment of 84 m² on the 1st floor, built in 1953, energy rating D. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This property features unique classic elements, including original moldings and high ceilings, which offer substantial character and potential for stylish renovations.
The valuation. The asking price of €285,000 sits €16,836 (6.3%) above the fair value of €268,164, indicating a fair valuation that aligns with market expectations.
Fair value modelled at €268,164 from 6 comparable sales in the area. Asking €285,000 sits €16,836 (6.3%) above — overpriced versus fair value.
Asking €285,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €264,153 (€3,145/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 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 €264,153, adjusted for condition and micro-location, gives a modelled fair value of €268,164 (€3,192/m²), a €16,836 (6.3%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 0c061d | Subject | €285,000 | €3,393 | — | 65 | 74 |
| rua dos Eucaliptos, 28 | Active | €265,000 | €3,011 | 11.2% | 72 | 71 |
| rua Dom João de Portugal | Active | €256,000 | €3,413 | 0.6% | 65 | 79 |
| praceta Camilo Pessanha | Active | €280,000 | €2,800 | 17.5% | 70 | 77 |
| Laranjeiro e Feijó · 875123 | Active | €280,000 | €3,373 | 0.6% | 62 | 77 |
| Median comp | €272,500 | €3,192 | 5.9% | 68 | 77 |
Long-term rental\nThis property presents a fair-value investment opportunity with a gross yield of 3.9%, indicating a stable return for long-term renters. Its location within the Lisbon metropolitan area further supports demand, although the minor gap from fair value of 6.3% suggests it is priced appropriately for this rental strategy.\n\nFamily rental\nThe apartment is suitably located for families seeking proximity to Lisbon's job market, enhancing its desirability as a family rental option. Although the condition and neighborhood ratings are decent, the fair valuation suggests the property is aligned with the local market expectations for family-oriented accommodations.\n\nBuy-and-hold\nOwning this apartment as a long-term investment aligns well with current market conditions, as it lies at a fair market value of €285,000 despite the minimal appreciation potential suggested by the 6.3% gap. The apartment's solid neighborhood score of 74/100 indicates a stable investment for ongoing value retention.
Economic downturn risk The property faces potential instability due to an economic stability score of 80/100, which may affect tenant demand, particularly if the economy worsens; meanwhile, a tenant stability score of 75/100 indicates a moderate risk of turnover, which could lead to increased vacancy rates.
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