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, 2-bathroom apartment of 103 m² on the 4th floor, built in 1990, energy rating D. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment includes two balconies, providing both unobstructed views and additional outdoor living space, alongside high-quality marble finishes in the primary living areas.
The valuation. The asking price of €313,250 sits slightly below the fair value of €332,434, creating a difference of €19,184 (5.8%). Verdict: fair.
Fair value modelled at €332,434 from 6 comparable sales in the area. Asking €313,250 sits €19,184 (5.8%) below — the upside to fair value.
Asking €313,250 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €288,591 (€2,802/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 €288,591, adjusted for condition and micro-location, gives a modelled fair value of €332,434 (€3,228/m²), a €19,184 (5.8%) gap versus the €313,250 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · e3a993 | Subject | €313,250 | €3,041 | — | 78 | 73 |
| rua União Piedense S / N | Active | €358,000 | €2,887 | 5.1% | 80 | 78 |
| rua Augusto Gil | Active | €350,000 | €3,241 | 6.6% | 74 | 81 |
| rua da Boa Esperança | Active | €315,000 | €3,214 | 5.7% | 70 | 79 |
| rua Luís de Camões | Active | €290,000 | €2,990 | 1.7% | 70 | 75 |
| Median comp | €332,500 | €3,102 | 2.0% | 72 | 79 |
Long-term rental The property presents a gross yield of 3.9%, which aligns with standard expectations for long-term rental returns in suburban areas. With a fair value of €332,434 and a listing price only 5.8% lower, the investment demonstrates stability without significant upside potential. Family rental With a solid tenant quality in a neighborhood rated 73/100 and good amenities, this apartment is well-suited for family rentals. The location's proximity to Lisbon, combined with a fair pricing structure, enhances its appeal for families seeking stable housing options. Buy-and-hold This property’s fair value indicates a stable investment without the risk of overvaluation, making it suitable for a buy-and-hold strategy. Given the suburban setting and its decent condition rated at 77/100, long-term appreciation in value is plausible due to the region's proximity to Lisbon.
Tenant turnover risk The tenant stability score of 65/100 indicates a potential for higher tenant turnover, which could lead to increased vacancy rates and associated costs.
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