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, 3-bathroom apartment of 70 m² on the 2nd floor, energy rating C. Located on rua Luís Teotónio Pereira, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. Noteworthy Features: The apartment includes two balconies with distinct orientations, providing both morning and evening sunlight, and features high-security Dierre doors for enhanced safety.
The valuation. The asking price of €365,000 is €65,556 (21.9%) above the fair value of €299,444, indicating the property is overpriced. This discrepancy suggests a need for negotiation to align expectations with market conditions.
Fair value modelled at €299,444 from 6 comparable sales in the area. Asking €365,000 sits €65,556 (21.9%) above — overpriced versus fair value.
Asking €365,000 versus the rua Luís Teotónio Pereira area baseline of €260,968 (€3,728/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 €260,968, adjusted for condition and micro-location, gives a modelled fair value of €299,444 (€4,278/m²), a €65,556 (21.9%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Luís Teotónio Pereira | Subject | €365,000 | €5,214 | — | — | 82 |
| Laranjeiro e Feijó · 19f8af | Active | €370,000 | €4,684 | 10.2% | 75 | 80 |
| avenida Dom Nuno Álvares Pereira | Active | €385,000 | €4,278 | 18.0% | 80 | 73 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 3750c4 | Active | €385,000 | €4,278 | 18.0% | 80 | 72 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 0c0604 | Active | €385,000 | €4,278 | 18.0% | 80 | 72 |
| Median comp | €385,000 | €4,278 | 18.0% | 80 | 73 |
Long-term rental The property, priced at €365,000, exceeds the fair value by 21.9%, indicating it may not attract long-term tenants effectively. With a gross yield of only 3.5%, the investment may yield lower returns compared to other options in the market. Family rental For family rentals, this property appears overpriced at €365,000 relative to its fair value of €299,444, limiting its appeal to potential tenants. Additionally, while the neighborhood scores well at 82/100, the financial dynamics may discourage families from opting for this unit. Buy-and-hold Investing in this property for a buy-and-hold strategy seems less favorable, given its 21.9% overpricing compared to the fair value of €299,444. Although in decent condition with a score of 84/100, the overall financial impracticality may deter long-term appreciation potential.
Tenant turnover risk The tenant stability score of 80 indicates a potential for moderate turnover, which could lead to higher vacancy rates and increased costs for re-leasing the property.
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