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 84 m² on the 2nd floor, built in 1988, energy rating C. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment includes a sunroom off the living area, providing additional natural light and versatile space for relaxation or informal dining. Imóvel Destaque: O apartamento inclui uma marquise ao lado da sala, proporcionando luz natural adicional e um espaço versátil para relaxamento ou refeições informais.
The valuation. The asking price of €287,000 is significantly above the fair value of €246,675, indicating it is overpriced by €40,325 (16.3%). This suggests potential buyers should approach with caution.
Fair value modelled at €246,675 from 6 comparable sales in the area. Asking €287,000 sits €40,325 (16.3%) above — overpriced versus fair value.
Asking €287,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €200,444 (€2,386/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €200,444, adjusted for condition and micro-location, gives a modelled fair value of €246,675 (€2,937/m²), a €40,325 (16.3%) gap versus the €287,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 2ce111 | Subject | €287,000 | €3,417 | — | — | 69 |
| travessa dos Eucaliptos, 5C | Active | €285,000 | €2,375 | 30.5% | 68 | 74 |
| Laranjeiro e Feijó · 375096 | Active | €249,500 | €3,240 | 5.2% | 72 | 73 |
| Caparica e Trafaria · 6226e6 | Active | €295,000 | €3,172 | 7.2% | 72 | 74 |
| Caparica e Trafaria · 87506f | Active | €275,000 | €3,022 | 11.6% | 68 | 76 |
| Median comp | €280,000 | €3,097 | 9.4% | 70 | 74 |
Buy-and-hold This property is currently listed at €287,000, which exceeds its fair value of €246,675 by 16.3%, reflecting a significant pricing issue in the market. While the neighborhood ratings and gross yield of 4.5% might suggest potential, the property is overpriced and might underperform in terms of long-term capital appreciation. Long-term rental The gross yield of 4.5% indicates some income potential; however, the property is priced above its fair value, which may hinder overall profitability as a rental investment. With a neighborhood rating of 69/100, the area offers some amenities, but the overpricing could limit tenant demand and rental income stability. Family rental Although this property appears to have a suitable size and neighborhood for family living, its pricing at €287,000 is not justified against the fair value of €246,675. Therefore, focusing on this property for family rental may not be wise, as its overpriced status poses risks regarding rental market competitiveness and overall investment returns.
Moderate economic uncertainty The economic stability score of 70/100 suggests potential fluctuations in the local economy that may affect property demand and value.
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