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 80 m², built in 1989, energy rating C. Located on rua Ilha de São Tomé, 31, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment boasts a seamless indoor-outdoor connection with a spacious patio that enhances daily living and entertaining opportunities, complemented by its modern, functional design. Price: 375,000 €.
The valuation. The asking price of €375,000 is slightly above the fair value of €368,750, reflecting a difference of €6,250 (1.7%). Overall, the apartment is fairly priced in the current market context.
Fair value modelled at €368,750 from 6 comparable sales in the area. Asking €375,000 sits €6,250 (1.7%) above — overpriced versus fair value.
Asking €375,000 versus the rua Ilha de São Tomé, 31 area baseline of €337,185 (€4,215/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €337,185, adjusted for condition and micro-location, gives a modelled fair value of €368,750 (€4,609/m²), a €6,250 (1.7%) gap versus the €375,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ilha de São Tomé, 31 | Subject | €375,000 | €4,688 | — | 75 | 81 |
| Laranjeiro e Feijó · 6fbb3c | Active | €295,000 | €4,683 | 0.1% | 80 | 73 |
| Laranjeiro e Feijó · f35efd | Active | €295,000 | €4,609 | 1.7% | 80 | 75 |
| rua João Jacinto de Magalhães S / N | Active | €295,000 | €4,683 | 0.1% | 75 | 72 |
| parque da Paz | Active | €295,000 | €4,609 | 1.7% | 70 | 75 |
| Median comp | €295,000 | €4,646 | 0.9% | 78 | 74 |
Family rental The apartment in Almada represents a stable opportunity for family rental given its fair valuation at €375,000, which is just 1.7% above the fair value. With a gross yield of 3.4% and a strong overall neighborhood rating of 81/100, it caters well to families seeking quality living near Lisbon. Long-term rental This property, valued fairly at €375,000, stands as a reasonable option for long-term rental, featuring a solid gross yield of 3.4%. The high condition score of 78/100 and the suburban environment contributing to low crime make it attractive for reliable tenants. Buy-and-hold With a current listing of €375,000 representing a fair value, investing in this property as a buy-and-hold strategy could yield consistent returns given its stable neighborhood environment. Additionally, its proximity to Lisbon enhances potential appreciation for future gains while offering a comfortable living space for long-term tenants.
Economic Downturn Risk A potential economic downturn could impact tenant stability, currently rated at 75/100, leading to higher vacancy rates and reduced rental income.
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