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 160 m², energy rating C. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The property includes a spacious 70m² renovated interior complemented by an additional 160m² commercial store, presenting potential for dual-use investment opportunities.
The valuation. The asking price of €250,000 is significantly below the fair value of €437,259, indicating the property is subvalued by €187,259 (42.8%). This presents an attractive opportunity for potential investors seeking value in a competitive market.
Fair value modelled at €437,259 from 6 comparable sales in the area. Asking €250,000 sits €187,259 (42.8%) below — the upside to fair value.
Asking €250,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €435,215 (€2,720/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 €435,215, adjusted for condition and micro-location, gives a modelled fair value of €437,259 (€2,733/m²), a €187,259 (42.8%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 51cd16 | Subject | €250,000 | €1,563 | — | 60 | 74 |
| rua Dom João IV, 12 | Active | €178,000 | €2,738 | 75.3% | — | 73 |
| rua Padre Manuel Bernardes | Active | €240,000 | €2,727 | 74.5% | 60 | 72 |
| rua Dom Carlos I S / N | Active | €315,000 | €2,333 | 49.3% | 53 | 66 |
| Laranjeiro e Feijó · 622b44 | Active | €280,000 | €1,564 | 0.1% | 70 | 76 |
| Median comp | €260,000 | €2,530 | 61.9% | 60 | 73 |
Long-term rental The property presents an attractive opportunity for long-term rental given its fair value of €437,259, indicating it is currently underpriced at €250,000 with a significant gap of 42.8%. Additionally, the gross yield of 5.1% combined with a solid neighborhood score of 74/100 suggests a reliable income stream from potential tenants. Buy-and-hold Investing in this property for a buy-and-hold strategy makes sense due to its substantial valuation gap of 42.8%, positioning it underpriced at €250,000 while the fair value stands at €437,259. This long-term appreciation potential aligns well with the property’s decent condition rating of 63/100, indicating limited immediate investments might be necessary. Family rental The apartment, underpriced at €250,000 with a fair value of €437,259, is suitable for family rental as it exhibits a solid yield of 5.1% and is located in a suburban area of the Lisbon metropolitan region. The neighborhood rating of 74/100 suggests that families will find the area attractive, ensuring a steady demand for rental occupancy.
Tenant turnover risk With a tenant stability score of 70/100, there is a heightened risk of tenant turnover, which could lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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