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 78 m² on the 1st floor, built in 1969, energy rating D. Located on rua Capitão Leitão, 48, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: This modern apartment features architecturally overseen renovations, ensuring quality craftsmanship and durability, along with vinyl flooring and LED ambient lighting that enhance the contemporary design.
The valuation. The asking price of €329,000 is slightly above the fair value of €313,606 by €15,394 (4.9%), indicating a fair valuation given the quality of this property. Buy-to-flip angle. This property, with its high-quality finishes and modern amenities, could attract quick buyers, making it suitable for a resale strategy. Buy-to-let angle. The estimated rental income of €1,042/month yields a gross return of 3.8%, appealing for long-term rental investment in a prime location close to Lisbon city center.
Fair value modelled at €313,606 from 6 comparable sales in the area. Asking €329,000 sits €15,394 (4.9%) above — overpriced versus fair value.
Asking €329,000 versus the rua Capitão Leitão, 48 area baseline of €223,787 (€2,869/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 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 €223,787, adjusted for condition and micro-location, gives a modelled fair value of €313,606 (€4,021/m²), a €15,394 (4.9%) gap versus the €329,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Capitão Leitão, 48 | Subject | €329,000 | €4,218 | — | 80 | 76 |
| parque da Paz | Active | €385,000 | €3,850 | 8.7% | 82 | 74 |
| parque da Paz | Active | €385,000 | €3,667 | 13.1% | 78 | 75 |
| Almada, Cova da Piedade, Pragal e Cacilhas · ade5f4 | Active | €285,000 | €4,191 | 0.6% | 74 | 80 |
| rua do Olival | Active | €590,000 | €5,566 | 32.0% | 78 | 75 |
| Median comp | €385,000 | €4,021 | 4.7% | 78 | 75 |
Long-term rental The property’s proximity to Lisbon city center provides a solid foundation for long-term rental demand, supported by a gross yield of 3.8%. With the neighborhood rating at 76/100, this location attracts reliable tenants, making it a stable investment option. Buy-and-hold At a listing price of €329,000, the property aligns closely with its fair value of €313,606, indicating a stable market without significant capital appreciation potential. This investment strategy will benefit from consistent rental income in a neighborhood rated highly for economic and housing stability. Family rental Given its spacious 78m² layout and favorable condition rating of 86/100, this apartment is well-suited for family rentals, appealing to residents seeking living space near Lisbon. The property’s fair valuation suggests that it will continue to attract families looking for quality accommodation in a community-focused area.
Tenant turnover risk High tenant turnover is indicated by the tenant stability score of 70/100, suggesting potential vacancies and increased costs associated with finding new tenants.
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