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.
2-bedroom, 1-bathroom apartment of 75 m² on the 3rd floor, built in 1970, energy rating C. Located on rua Câmara Pestana, 2, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Feature: The apartment's clever redesign from a 3-bedroom layout has created an unusually spacious living area, enhancing modern functionality and comfort. Other Features: Two fronts provide ample natural light and ventilation.
The valuation. The asking price of €350,000 sits slightly above the fair value of €336,879 by €13,121 (3.9%). This indicates a fair pricing scenario for potential buyers, aligning the property valuation with market expectations.
Fair value modelled at €336,879 from 6 comparable sales in the area. Asking €350,000 sits €13,121 (3.9%) above — overpriced versus fair value.
Asking €350,000 versus the rua Câmara Pestana, 2 area baseline of €299,199 (€3,989/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 €299,199, adjusted for condition and micro-location, gives a modelled fair value of €336,879 (€4,492/m²), a €13,121 (3.9%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Câmara Pestana, 2 | Subject | €350,000 | €4,667 | — | 78 | 74 |
| rua João Jacinto de Magalhães S / N | Active | €285,000 | €4,453 | 4.6% | 74 | 73 |
| rua João Jacinto de Magalhães | Active | €295,000 | €4,683 | 0.3% | 78 | 73 |
| rua Afonso Galo, 29 | Active | €280,000 | €4,308 | 7.7% | 74 | 77 |
| Laranjeiro e Feijó · 5b864c | Active | €299,000 | €4,530 | 2.9% | 75 | 70 |
| Median comp | €290,000 | €4,492 | 3.8% | 75 | 73 |
Long-term rental The 2-bed apartment in Almada is priced at €350,000, slightly above its fair value of €336,879, indicating a gap of 3.9%. With a gross yield of 3.1%, this property can still offer a reasonable return, given the stable demand in the suburban market. Buy-and-hold The apartment's fair value assessment reflects a small premium, making it suitable for long-term investment in a suburban area that benefits from access to Lisbon's economy. While appreciation may be slow, the consistent demand in the housing market may support steady value retention over time. Family rental With its size and location, this apartment meets the needs of families looking for spacious accommodation in a suburban neighborhood. The fair pricing at €350,000 means that while there are no discounts to capitalize on, it remains a viable option for families seeking stability in rental housing.
Moderate economic and tenant risk With both economic stability and tenant stability scores at 70/100, there is a moderate risk of fluctuations in tenant occupancy and income stability due to potential economic downturns.
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