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 70 m² on the 1st floor, built in 1985, energy rating C. Located on rua de José Justino Lopes, 10, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: This property boasts a dual-access bathroom design ideal for conversion, along with a smoke outlet that enhances its adaptability for various uses.
The valuation. The asking price of €205,000 is approximately €18,201 (9.7%) above the fair value of €186,799, indicating that the property is valued fairly in the current market. This pricing aligns closely with the area's economic outlook. Buy-to-flip angle. A buy-to-flip strategy could involve minor cosmetic upgrades to appeal to young professionals, potentially increasing resale value significantly. Quick renovations could allow for a profitable exit within 6-12 months. Buy-to-let angle. With an estimated rental income of €752 per month, the property showcases a gross yield of 4.4%, making it an attractive option for long-term rental. The suburban location near Lisbon enhances its appeal to families seeking stability.
Fair value modelled at €186,799 from 6 comparable sales in the area. Asking €205,000 sits €18,201 (9.7%) above — overpriced versus fair value.
Asking €205,000 versus the rua de José Justino Lopes, 10 area baseline of €212,783 (€3,040/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 50/100 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 €212,783, adjusted for condition and micro-location, gives a modelled fair value of €186,799 (€2,669/m²), a €18,201 (9.7%) gap versus the €205,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de José Justino Lopes, 10 | Subject | €205,000 | €2,929 | — | 56 | 78 |
| rua Afonso de Paiva | Active | €299,999 | €2,400 | 18.0% | 45 | 74 |
| Caparica e Trafaria · 1e62c2 | Active | €149,900 | €2,630 | 10.2% | 45 | 74 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 8312cf | Active | €200,000 | €3,279 | 12.0% | 39 | 73 |
| Almada, Cova da Piedade, Pragal e Cacilhas · ade689 | Active | €215,000 | €3,839 | 31.1% | 56 | 73 |
| Median comp | €207,500 | €2,955 | 0.9% | 45 | 74 |
Long-term rental The apartment in Almada offers a gross yield of 4.4%. Given the fair valuation, it serves as a stable investment for long-term rental in a suburban area with access to Lisbon amenities. Family rental This property accommodates families seeking proximity to Lisbon while enjoying a suburban setting. Despite being fairly priced, it is suitable for long-term family rental, capitalizing on its neighborhood quality. Buy-and-hold Investing in this 1-bed apartment aligns with a buy-and-hold strategy, as it is located in a desirable neighborhood with good access to job markets. Despite its fair value, the property has potential for appreciation given the ongoing growth in Almada. Short-term vacation rental The apartment is not suitable for short-term vacation rental due to its location and market dynamics. The pricing does not create the yield typically required for this strategy. Student housing This property is not ideal for student housing, given the suburban context and appeal to families. The fair valuation further limits its attractiveness in markets that favor high turnover rates and furnish potential profit opportunities. Luxury market Positioning this apartment in the luxury market is misguided as it lacks the required amenities and upscale appeal. Its fair value does not detract from the understanding that luxury investments often necessitate premium pricing and traction in elite neighborhoods.
Tenant turnover risk High tenant turnover can impact cash flow, given the tenant stability score of 70/100, indicating potential challenges in tenant retention and rental income continuity.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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