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 99 m² on the 3rd floor, built in 1998, energy rating E. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Feature: The enclosed balcony offers flexible use as a bright workspace or reading nook, enhancing the apartment's functional living space with excellent natural light.
The valuation. The asking price of €335,000 is €25,175 (8.1%) above the fair value of €309,825. Overall, the property is valued fairly within the current market context.
Fair value modelled at €309,825 from 6 comparable sales in the area. Asking €335,000 sits €25,175 (8.1%) above — overpriced versus fair value.
Asking €335,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €247,471 (€2,500/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €247,471, adjusted for condition and micro-location, gives a modelled fair value of €309,825 (€3,130/m²), a €25,175 (8.1%) gap versus the €335,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 76b16e | Subject | €335,000 | €3,384 | — | 88 | 72 |
| rua Afonso de Paiva | Active | €335,000 | €3,317 | 2.0% | 80 | 67 |
| travessa da Liberdade | Active | €280,000 | €2,617 | 22.7% | 77 | 78 |
| rua do Armeiro-Mor, 13 | Active | €319,900 | €3,231 | 4.5% | 78 | 77 |
| praça da Portela, 9 | Active | €310,000 | €3,407 | 0.7% | 81 | 80 |
| Median comp | €314,950 | €3,274 | 3.2% | 79 | 78 |
Long-term rental The property presents a fair gap of 8.1% against its fair value, which suggests a stable rental income potential without significant upside. With a gross yield of 3.2%, it aligns well with the consistent demand in the Almada region due to its proximity to Lisbon. Family rental This apartment is positioned as a reasonable choice for families seeking residential stability in a neighbourhood that offers decent amenities and tenant quality. Given its condition rating of 84/100, it remains an attractive option for long-term family tenants. Buy-and-hold Holding this property appears sensible, as it is fairly priced and situated in a location that benefits from the strong economic fundamentals connected to nearby Lisbon. The neighbourhood's housing market and amenities provide a foundation for potential future appreciation, despite the current fair valuation.
Economic and Tenant Instability Both economic and tenant stability scores are at 70/100, indicating a moderate risk of fluctuations in rental income or tenant turnover, which could impact overall profitability and cash flow.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
