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 120 m², energy rating D. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment boasts two closed balconies offering unobstructed views of Parque da Paz and an independent storage room on the upper floor, enhancing practicality and comfort.
The valuation. The asking price of €313,760 is slightly below the fair value of €331,250, reflecting a reasonable variance of €17,490 (5.3%). This valuation indicates that the property is fairly priced within the current market.
Fair value modelled at €331,250 from 5 comparable sales in the area. Asking €313,760 sits €17,490 (5.3%) below — the upside to fair value.
Asking €313,760 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €281,868 (€2,349/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €281,868, adjusted for condition and micro-location, gives a modelled fair value of €331,250 (€2,760/m²), a €17,490 (5.3%) gap versus the €313,760 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 9c7ac8 | Subject | €313,760 | €2,615 | — | 78 | 68 |
| Laranjeiro e Feijó · 3a7397 | Active | €264,000 | €2,640 | 1.0% | 68 | 80 |
| praça Mário Dionísio Caparica | Active | €265,000 | €2,760 | 5.6% | 70 | 76 |
| Laranjeiro e Feijó · efdcdf | Active | €237,000 | €2,633 | 0.7% | 72 | 72 |
| rua União Piedense S / N | Active | €358,000 | €2,887 | 10.4% | 80 | 78 |
| Median comp | €264,500 | €2,700 | 3.3% | 71 | 77 |
Long-term rental This property in Almada presents a fair investment opportunity with a gross yield of 4.4%, slightly under the fair value of €331,250. The proximity to Lisbon enhances the desirability for long-term tenants, even as it ranks at 68/100 for neighborhood quality. Family rental With three bedrooms and a size of 120m², this apartment is well-suited for family rentals, ensuring a consistent demand in a location that benefits from good public services. The current listing price of €313,760 aligns closely with its fair valuation, showcasing its suitability for stable family-oriented tenants in a safe area. Not ideal for luxury market Given the fair valuation and the property’s overall condition score of 78/100, it does not cater to the luxury market demands in the vicinity. Potential buyers should note that while its attributes are favorable for general occupants, they may fall short of attracting high-end clientele. Not ideal for short-term vacation rental While the property benefits from its proximity to Lisbon, the current yield and neighborhood score suggest it is not optimized for short-term vacation rentals. The current listing price does not provide the profit margins typically necessary for short-term rental investments in the area.
Tenant turnover risk With a tenant stability score of 60/100, there is an increased likelihood of vacancies, which could lead to lower rental income and higher turnover 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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