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 5th floor, energy rating C. Located on avenida Rainha Dona Leonor, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This apartment features three balconies offering panoramic views of the Comandante Júlio Ferraz Urban Park and east-facing bedrooms overlooking the Tagus River.
The valuation. The asking price of €375,000 is above the fair value of €338,359, reflecting an overpricing of €36,641 (10.8%). This property does not represent a financially sound investment based on its current pricing.
Fair value modelled at €338,359 from 6 comparable sales in the area. Asking €375,000 sits €36,641 (10.8%) above — overpriced versus fair value.
Asking €375,000 versus the avenida Rainha Dona Leonor area baseline of €287,025 (€2,563/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €287,025, adjusted for condition and micro-location, gives a modelled fair value of €338,359 (€3,021/m²), a €36,641 (10.8%) gap versus the €375,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Rainha Dona Leonor | Subject | €375,000 | €3,348 | — | 74 | 83 |
| avenida Arsenal do Alfeite | Active | €349,000 | €2,983 | 10.9% | 72 | 71 |
| rua de São Lourenço Poente, 60 | Active | €285,000 | €3,032 | 9.4% | 74 | 76 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 831408 | Active | €310,000 | €3,229 | 3.6% | 72 | 75 |
| parque da Paz | Active | €462,000 | €2,800 | 16.4% | 72 | 69 |
| Median comp | €329,500 | €3,008 | 10.2% | 72 | 73 |
Long-term rental The property in Almada is currently priced at €375,000, which is 10.8% above its fair value of €338,359, indicating that it is overpriced. With a gross yield of 3.7%, the anticipated returns are limited, making this investment less attractive for long-term rental prospects. Buy-and-hold At a listing price of €375,000, this apartment falls short of a favorable buy-and-hold investment due to its 10.8% overpricing compared to the fair value of €338,359. The relatively high acquisition cost could impede future appreciation and overall investment performance. Family rental Offering a comfortable living space in a well-rated neighborhood (83/100), this apartment is overpriced at €375,000, being 10.8% above the fair value of €338,359. While suitability for families is present, the financial metrics suggest a less favorable rental yield, diminishing its appeal in the family rental market.
Economic Vulnerability The high economic stability score of 85 suggests resilience, but a tenant stability score of 75 indicates potential fluctuations in rental income due to varied tenant quality.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
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.
Log in to buy the report or use a credit
