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.
1-bedroom, 1-bathroom apartment of 77 m², built in 1969, energy rating E. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: This apartment boasts a generous covered terrace with stunning views over the Tagus River, providing exceptional outdoor space ideal for relaxation or a winter garden.
The valuation. The asking price of €255,000 sits €22,675 (9.8%) above the fair value of €232,325, indicating a property priced fairly but not favorably for immediate investment gains.
Fair value modelled at €232,325 from 6 comparable sales in the area. Asking €255,000 sits €22,675 (9.8%) above — overpriced versus fair value.
Asking €255,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €228,394 (€2,966/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 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 €228,394, adjusted for condition and micro-location, gives a modelled fair value of €232,325 (€3,017/m²), a €22,675 (9.8%) gap versus the €255,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 51cfa3 | Subject | €255,000 | €3,312 | — | 55 | 76 |
| rua Doutor António Elvas, 97 | Active | €240,000 | €2,500 | 24.5% | 62 | 72 |
| Laranjeiro e Feijó · 627026 | Active | €220,000 | €3,143 | 5.1% | 70 | 73 |
| Caparica e Trafaria · 3d9906 | Active | €179,000 | €3,377 | 2.0% | 58 | 77 |
| rua Dom João de Portugal | Active | €256,000 | €3,413 | 3.1% | 65 | 79 |
| Median comp | €230,000 | €3,260 | 1.6% | 64 | 75 |
Long-term rental The property is fairly positioned in a strong market, with a gross yield of 4.1% contributing to a secure long-term rental strategy. Its proximity to public transport and strong neighbourhood quality enhance its appeal to stable tenants. Family rental With a spacious 77m² layout, this 1-bed apartment is suitable for small families seeking residential stability within a suburban setting. The neighbourhood score of 76/100 indicates a desirable environment, making it an attractive option for family renting. Buy-and-hold Despite the slight gap to fair value at 9.8%, the property’s location within Greater Lisbon and its good public transport access suggests potential for appreciation over time. A buy-and-hold strategy could benefit from the area's ongoing demand dynamics, particularly given the overall quality of the neighbourhood. Not ideal for short-term vacation rental The property’s size and configuration do not align well with the demands of short-term vacation rentals, which typically favor larger spaces and amenities. Additionally, increased competition in the area indicates a saturated market that might not yield profitable short-term returns. Not ideal for student housing Given the property's one-bedroom layout and the more suburban nature of Almada, it is less attractive for student housing which often requires multiple accommodations nearby educational institutions. The overall appeal of the neighbourhood may not resonate with typical student needs, further diminishing its suitability for this strategy.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate risk of high tenant turnover, which could lead to increased vacancy rates and associated costs for the property.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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