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 112 m² on the 2nd floor, built in 1998, energy rating C. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This apartment features premium stone countertops and a stone-textured fireplace wall, reflecting high-quality contemporary design while offering excellent solar exposure and a tranquil balcony with unobstructed views.
The valuation. The asking price of €430,000 is approximately 5.5% above the fair value of €407,614, indicating that the property is fairly valued. This positioning may attract buyers looking for quality in a competitive market.
Fair value modelled at €407,614 from 6 comparable sales in the area. Asking €430,000 sits €22,386 (5.5%) above — overpriced versus fair value.
Asking €430,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €368,606 (€3,291/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 €368,606, adjusted for condition and micro-location, gives a modelled fair value of €407,614 (€3,639/m²), a €22,386 (5.5%) gap versus the €430,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 07f873 | Subject | €430,000 | €3,839 | — | 78 | 74 |
| Almada, Cova da Piedade, Pragal e Cacilhas · c17982 | Active | €450,000 | €3,913 | 1.9% | 74 | 73 |
| rua Infante Dom Pedro S / N | Active | €359,000 | €3,205 | 16.5% | 72 | 77 |
| Almada, Cova da Piedade, Pragal e Cacilhas · b7c258 | Active | €299,000 | €3,477 | 9.4% | 78 | 76 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 4a7cb8 | Active | €365,000 | €3,802 | 1.0% | 72 | 80 |
| Median comp | €362,000 | €3,640 | 5.2% | 73 | 77 |
Long-term rental The property offers a gross yield of 3.2%, which aligns moderately with the average rental demand in suburban Lisbon. However, with a current listing price of €430,000 compared to the fair value of €407,614, this investment sits at a fair valuation, suggesting cautious optimism for long-term rental income potential. Family rental Targeting families in this suburban area can benefit from the local amenities and good schools, making the apartment an attractive option. Nevertheless, given the fair valuation status of €430,000, investors should be mindful of the competitive landscape in the family rental segment, despite the sound neighborhood ratings. Buy-and-hold This property can serve well as a buy-and-hold strategy, contributing to a steady income over time in a location with strong employment opportunities. Yet, considering it is listed at €430,000 against a fair value of €407,614, the investment should be approached with the expectation of moderate appreciation in value rather than immediate capital gains.
Economic vulnerability With an economic stability score of 75, the property may be susceptible to downturns, impacting tenant stability which is at 70, suggesting potential for increased vacancy rates in adverse conditions.
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
