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.
1-bedroom, 1-bathroom apartment of 60 m² on the 6th floor, built in 1971, energy rating E. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This apartment features a spacious entrance hall and a bright living room with a large balcony offering picturesque river views, enhancing both comfort and aesthetics.
The valuation. The asking price of €265,000 is slightly below the fair value of €287,521 by €22,521 (7.8%), indicating it is priced fairly in the current market.
Fair value modelled at €287,521 from 4 comparable sales in the area. Asking €265,000 sits €22,521 (7.8%) below — the upside to fair value.
Asking €265,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €286,912 (€4,782/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 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 €286,912, adjusted for condition and micro-location, gives a modelled fair value of €287,521 (€4,792/m²), a €22,521 (7.8%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · e553e6 | Subject | €265,000 | €4,417 | — | 60 | 74 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 43927c | Active | €246,000 | €4,241 | 4.0% | 68 | 71 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 622a79 | Active | €260,000 | €4,815 | 9.0% | 55 | 73 |
| praça Capitães de Abril, 4 | Active | €248,000 | €4,769 | 8.0% | 65 | 80 |
| alameda de Guerra Junqueiro | Active | €220,000 | €5,116 | 15.8% | 66 | 77 |
| Median comp | €247,000 | €4,792 | 8.5% | 66 | 75 |
Long-term rental This property presents a stable option for long-term rental, offering a yield of 3.5% gross, which aligns with the expectations for residential investments in Almada. While the apartment sits slightly below its fair value by 7.8%, it indicates consistent rental potential without significant upside. Family rental Ideal for family rental, this apartment benefits from a neighbourhood score of 74/100, attracting quality tenants seeking proximity to Lisbon's employment hubs and amenities. The current valuation at €265,000 is fair, suggesting that the investment can sustain moderate returns over the long term. Buy-and-hold The buy-and-hold strategy for this property can be practical given its fair value standing and respectable gross yield of 3.5%. As the area of Almada continues to develop and appeal to families and commuting professionals, this investment is positioned well for gradual appreciation without immediate pressures on pricing.
Tenant turnover risk The tenant stability score of 73/100 indicates a moderate likelihood of tenant turnover, which could lead to increased vacancy rates and subsequent loss of rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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