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 105 m² on the 3rd floor, energy rating D. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment boasts an expansive living room designed for optimal natural light, complemented by contemporary finishes and high-quality insulation for a quieter indoor environment.
The valuation. The asking price of €360,000 is above the fair value of €327,340 by €32,660 (10.0%), indicating a fair market position. This aligns with a balanced valuation approach. Buy-to-flip angle. The strategy for resale would involve targeting renovations to improve appeal, with the goal of flipping within a 6-12 month timeline for a potential profit. Buy-to-let angle. A long-term rental strategy could yield approximately €1,140 monthly, leading to a gross yield of 3.8%, making it a stable income property in a suburban area near Lisbon.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 0ac575 | Subject | €360,000 | €3,429 | — | — | 80 |
| rua União Piedense, 76 | Active | €245,000 | €3,224 | 6.0% | 70 | 75 |
| praça Gil Vicente | Active | €340,000 | €2,764 | 19.4% | 68 | 74 |
| rua dos Eucaliptos, 28 | Active | €265,000 | €3,011 | 12.2% | 72 | 71 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 2ce111 | Active | €287,000 | €3,417 | 0.3% | — | 69 |
| Median comp | €276,000 | €3,118 | 9.1% | 70 | 73 |
Long-term rental The property at €360,000 aligns closely with its fair value of €327,340, indicating it is fairly priced for long-term rental opportunities. With a gross yield of 3.8% in a suburban area with easy access to Lisbon's amenities, it shows potential for stable rental income. Buy-and-hold Investing in this property for a buy-and-hold strategy allows for capital appreciation in a neighbourhood rated 80/100 for its quality and amenities. Although the price is fair, the lack of renovation (0/100 condition) may affect long-term value retention. Family rental This apartment presents a suitable option for families given its proximity to Lisbon and the neighborhood's solid rating. While the price is fair and the gross yield is acceptable, attention should be given to its poor condition in order to attract quality tenants. Not ideal for short-term vacation rental The current pricing and condition of the property do not align with the expectations for short-term vacation rentals in the area. With a fair price point and no features conducive to high turnover, this strategy would likely yield disappointing returns.
Economic Fluctuation Risk With an economic stability score of 80/100, there is a potential risk of economic downturns impacting rental income and property value due to fluctuations in the local market.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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