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 80 m², energy rating E. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment includes a sunroom with direct views of Parque da Paz, enhancing the living space with abundant natural light and a connection to high biodiversity areas.
The valuation. The asking price of €32,000,000 is significantly above fair value at €383,362, indicating an overvaluation of €31,616,638 (8247.2%). This property is overpriced considering market standards and intrinsic value. Buy-to-flip angle. The resale strategy for this property appears unfeasible, given its current valuation far exceeds practical market limits, limiting potential quick resale opportunities. Buy-to-let angle. As it stands, the property offers a gross yield of 0% with an estimated rental income of €0/month, making it unsuitable for a rental strategy in its current condition.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 096e16 | Subject | €32,000,000 | €400,000 | — | — | 75 |
| Almada, Cova da Piedade, Pragal e Cacilhas · e553e6 | Active | €265,000 | €4,417 | 98.9% | 60 | 74 |
| rua Luís de Queirós, 7 | Active | €235,000 | €5,732 | 98.6% | 55 | 74 |
| praça Capitães de Abril, 4 | Active | €248,000 | €4,769 | 98.8% | 65 | 80 |
| rua da Liberdade | Active | €260,000 | €4,333 | 98.9% | 55 | 68 |
| Median comp | €254,000 | €4,593 | 98.9% | 58 | 74 |
Long-term rental The €32,000,000 listing price for this 1-bed apartment is excessively high compared to the fair value of €383,362, representing a staggering 8247.2% gap. With a gross yield of 0% and a property condition score of 0/100, pursuing long-term rental in this scenario is not feasible. Family rental At a listing price of €32,000,000, the property is significantly overpriced relative to its fair value of €383,362, a discrepancy of 8247.2%. The lack of condition with a score of 0/100 indicates that this apartment would not appeal to families looking for a quality living space. Buy-and-hold With a listing price of €32,000,000 that far exceeds the fair value of €383,362 by 8247.2%, this investment presents a fiscal strain for buy-and-hold strategies. The property’s condition score of 0/100 further complicates its potential for appreciation over time, making it an unsuitable long-term holding investment.
Economic downturn risk A slight decline in economic stability with a score of 80/100 could lead to reduced rental demand and tenant turnover affecting long-term 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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