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 74 m² on the 3rd floor, built in 1957, energy rating E. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment includes a sunroom that enhances natural light and offers additional multifunctional space, along with a convenient pantry for extra storage. Location Highlights: Just minutes from Parque da Paz and easily accessible to Lisbon via the 25 de Abril Bridge.
The valuation. The asking price of €320,000 is slightly below the fair value of €342,083, presenting a fair opportunity for investment with a difference of €22,083 (6.5%).
Fair value modelled at €342,083 from 6 comparable sales in the area. Asking €320,000 sits €22,083 (6.5%) below — the upside to fair value.
Asking €320,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €299,059 (€4,041/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €299,059, adjusted for condition and micro-location, gives a modelled fair value of €342,083 (€4,623/m²), a €22,083 (6.5%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 788121 | Subject | €320,000 | €4,324 | — | 86 | 77 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 57f9f6 | Active | €345,000 | €4,662 | 7.8% | 82 | 78 |
| Corroios · f46b77 | Active | €275,000 | €3,667 | 15.2% | 80 | 74 |
| rua União Piedense | Active | €275,000 | €4,583 | 6.0% | 75 | 76 |
| rua Afonso Galo, 36 | Active | €369,000 | €5,197 | 20.2% | 80 | 74 |
| Median comp | €310,000 | €4,623 | 6.9% | 80 | 75 |
Long-term rental The property at €320,000 provides a gross yield of 3.3%, indicating a steady income potential aligned with its fair valuation. Given the neighborhood's economic stability and favorable tenant quality, it presents a viable option for landlords seeking dependable long-term rental income. Buy-and-hold With a listing price reflecting a fair valuation of €320,000, this apartment can serve as a long-term asset that appreciates in value over time, backed by the Greater Lisbon area's suburban characteristics. The overall condition rating of 84/100 further supports its durability as a buy-and-hold investment in a stable market. Family rental The property’s appeal to families is bolstered by its location in Almada, which boasts amenities and a neighborhood score of 77/100, making it suitable for long-term tenants. Although at a fair price, it provides the opportunity to cater to family needs while securing consistent rental yields over time.
Tenant turnover risk High tenant turnover may be a concern given the Tenant stability score of 75/100, indicating potential instability in rental income.
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