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 88 m², energy rating E. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This property includes a fantastic enclosed balcony, providing a flexible space for dining or laundry with excellent natural light, enhancing its overall functionality and appeal.
The valuation. The asking price of €336,500 sits slightly above the fair value of €329,206, indicating a difference of €7,294 (2.2%). This property is fairly priced based on current market conditions.
Fair value modelled at €329,206 from 6 comparable sales in the area. Asking €336,500 sits €7,294 (2.2%) above — overpriced versus fair value.
Asking €336,500 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €286,731 (€3,258/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €286,731, adjusted for condition and micro-location, gives a modelled fair value of €329,206 (€3,741/m²), a €7,294 (2.2%) gap versus the €336,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 51b68d | Subject | €336,500 | €3,824 | — | 74 | 72 |
| rua Vila do Seixal | Active | €275,000 | €3,161 | 17.3% | 75 | 75 |
| Almada, Cova da Piedade, Pragal e Cacilhas · ade5f4 | Active | €285,000 | €4,191 | 9.6% | 74 | 80 |
| praça de Ceuta | Active | €299,000 | €3,646 | 4.6% | 68 | 74 |
| rua Rosas do Pombal | Active | €289,000 | €4,129 | 8.0% | 76 | 74 |
| Median comp | €287,000 | €3,888 | 1.7% | 75 | 75 |
Long-term rental Given the fair pricing of this 3-bed apartment at €336,500, slightly above the fair value of €329,206, it presents a stable investment opportunity for long-term rentals due to a gross yield of 3.2%. The decent condition score of 77/100 and neighborhood rating of 72/100 indicate a reliable demand for leases from quality tenants. Family rental With the proximity to Lisbon's metro area and good access to amenities, this property is poised to attract families seeking long-term rentals. The apartment's fair value, alongside its favorable condition and neighborhood ratings, supports its suitability as a family rental investment. Buy-and-hold This apartment represents a fair value investment strategy where holding onto the property allows for potential appreciation in a desirable suburban area of Almada. The combination of a 3.2% gross yield and a stable neighborhood indicates a sound strategy for investors focused on long-term capital growth.
Tenant turnover risk High tenant turnover can occur due to the 70/100 tenant stability score, potentially leading to increased vacancy rates and higher leasing costs.
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