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 105 m² on the 6th floor, built in 1979, energy rating C. Located on rua Alves Redol, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The property includes a built-in pantry in the functional kitchen and benefits from dual solar fronts, enhancing natural light throughout its living spaces.
The valuation. The asking price of €310,000 is just €5,256 (1.7%) below the fair value of €315,256, positioning this property fairly within the market. This slight discrepancy suggests the price is reasonable for potential buyers.
Fair value modelled at €315,256 from 6 comparable sales in the area. Asking €310,000 sits €5,256 (1.7%) below — the upside to fair value.
Asking €310,000 versus the rua Alves Redol area baseline of €285,892 (€2,723/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €285,892, adjusted for condition and micro-location, gives a modelled fair value of €315,256 (€3,002/m²), a €5,256 (1.7%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Alves Redol | Subject | €310,000 | €2,952 | — | 58 | 74 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 2fce04 | Active | €278,000 | €3,124 | 5.8% | 65 | 75 |
| Caparica e Trafaria · 87506f | Active | €275,000 | €3,022 | 2.4% | 68 | 76 |
| avenida Dom Nuno Álvares Pereira | Active | €420,000 | €2,625 | 11.1% | 65 | 71 |
| largo Costa Pinto, 18 | Active | €375,000 | €3,099 | 5.0% | 70 | 72 |
| Median comp | €326,500 | €3,061 | 3.7% | 67 | 74 |
Family rental The property in Almada meets the needs of families due to its size and the safety of the suburban environment, where the neighborhood scores 74/100. With a gross yield of 4.5%, it provides a steady income stream while benefiting from Lisbon's economic magnetism. Long-term rental Given the fair valuation of €310,000 compared to a fair value of €315,256, this apartment can be considered a reasonable option for long-term rental investors in the Almada area. The combination of a good yield and a supportive neighborhood environment makes it an appealing choice for stable rental returns. Buy-and-hold Investors looking for a buy-and-hold strategy might find this property in Almada appealing due to its proximity to Lisbon and the favorable neighborhood rating of 74/100. Although the fair value indicates minimal potential capital appreciation, the gross yield of 4.5% provides cash flow stability over time.
Economic downturn risk A slight decrease in economic stability from 70/100 can lead to potential rent reductions or tenant turnover, impacting overall returns on investment.
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