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 80 m² on the 4th floor, built in 2005, energy rating C. Located on avenida António José Gomes, 60, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment boasts abundant natural light from an open balcony and an adjacent sunroom, enhancing both energy efficiency and aesthetic appeal.
The valuation. The asking price of €355,000 is slightly below the fair value of €369,052, indicating a difference of €14,052 (3.8%). This positions the property as a fair opportunity in a strong market. Buy-to-flip angle. The strategy for resale could capitalize on the modest renovation budget, enhancing finishes to appeal to buyers seeking modern aesthetics in a suburban Lisbon model. Targeting the family demographic in this mixed neighborhood could yield profitable returns. Buy-to-let angle. With an estimated rental income of approximately €858/month, the gross yield sits at 2.9%. This rental strategy can cater to long-term tenants, particularly families attracted to the area's good schools and low crime rates.
Fair value modelled at €369,052 from 6 comparable sales in the area. Asking €355,000 sits €14,052 (3.8%) below — the upside to fair value.
Asking €355,000 versus the avenida António José Gomes, 60 area baseline of €356,378 (€4,455/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €356,378, adjusted for condition and micro-location, gives a modelled fair value of €369,052 (€4,613/m²), a €14,052 (3.8%) gap versus the €355,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida António José Gomes, 60 | Subject | €355,000 | €4,438 | — | 70 | 74 |
| avenida 25 de Abril, 58 | Active | €266,500 | €3,553 | 19.9% | 68 | 76 |
| avenida António José Gomes S / N | Active | €355,000 | €5,071 | 14.3% | 70 | 78 |
| avenida António José Gomes, 60 | Active | €345,000 | €4,313 | 2.8% | 70 | 80 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 38c3f6 | Active | €430,000 | €6,719 | 51.4% | 80 | 75 |
| Median comp | €350,000 | €4,692 | 5.7% | 70 | 77 |
Long-term rental The property's fair value of €369,052 indicates a narrow gap of 3.8%, suggesting stable pricing but no room for growth. With a gross yield of 2.9%, it offers moderate returns that align with conservative investment strategies in this suburban Lisbon location. Family rental Given the good access to schools and the low crime rates in the Almada region, this property is positioned well for family-oriented tenants. The property's condition score of 70/100 indicates it will likely meet the needs of families seeking quality housing in a safe neighborhood. Buy-and-hold Holding onto this property for the long term may yield steady appreciation in a growing suburban market, supported by solid economic indicators. The neighborhood's overall rating of 74/100 reflects its appeal, although the current fair value confirms that the property is priced accurately without significant upside potential.
Tenant turnover risk With a tenant stability score of 65/100, there is a notable risk of increased turnover, which could lead to higher vacancy rates and potential loss of rental income.
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