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 90 m², built in 1984, energy rating C. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment boasts extensive LED ceiling lighting throughout and double-glazed PVC windows for enhanced energy efficiency and sound insulation, ensuring a peaceful living environment. Unique Location: Situated just 30 meters from the Surface Metro, providing quick access to the Ferry Terminal and Lisbon, while being surrounded by essential amenities.
The valuation. The asking price of €385,000 is significantly below the fair value of €515,730, presenting a remarkable opportunity at €130,730 (25.3%) underpriced. This suggests potential for appreciation in value.
Fair value modelled at €515,730 from 2 comparable sales in the area. Asking €385,000 sits €130,730 (25.3%) below — the upside to fair value.
Asking €385,000 versus the Almada, Cova da Piedade, Pragal e Cacilhas, Almada, Setúbal area baseline of €416,992 (€4,633/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €416,992, adjusted for condition and micro-location, gives a modelled fair value of €515,730 (€5,730/m²), a €130,730 (25.3%) gap versus the €385,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almada, Cova da Piedade, Pragal e Cacilhas · 0ac828 | Subject | €385,000 | €4,278 | — | 90 | 73 |
| via A2 | Active | €550,000 | €5,000 | 16.9% | 75 | 78 |
| largo do Calvário S / N | Active | €1,150,000 | €6,461 | 51.0% | 78 | 78 |
| Median comp | €850,000 | €5,731 | 34.0% | 77 | 78 |
Long-term rental This 3-bed apartment in Almada, listed at €385,000, presents a strong opportunity for long-term rental due to its competitive price against the fair value of €515,730. With a gross yield of 3.3%, it aligns well for steady cash flow and capital appreciation over time. Buy-and-hold Considering the apartment's listing price is 25.3% below the fair value, this property is an attractive investment for a buy-and-hold strategy aimed at long-term appreciation. The favorable condition rating of 84/100 further enhances its appeal for potential future resale. Family rental Given its size and layout, this apartment is well-suited for family rental, especially at a price point significantly below market value. The strong local amenities and suburban location within the Lisbon Metropolitan Area make it desirable for families seeking a balance of accessibility and comfort.
Tenant turnover risk The tenant stability score of 65/100 indicates potential for higher tenant turnover, which may impact rental income stability.
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