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.
4-bedroom, 2-bathroom apartment of 91 m², built in 2010, energy rating C. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. The apartment features five air conditioning units, ensuring consistent thermal comfort throughout the year in all major living areas.
The asking price of €379,000 is above our assessed fair value of €326,000, indicating a downside of 13.9%. Confidence in this fair value is low. Rental income. The property offers a gross yield of 5.3%, which is above the national average, making it a potentially profitable investment for generating rental income.
The asking price is above the fair value. This property's fair value was calculated using a combination of the Transaction model, which accounts for 55% based on 67 recorded sales in Almada, and the Adjusted asking-price model at 45%, which adjusts current listings to match actual sale levels. No conservative adjustments were applied to this property. The final fair value is €326,000, indicating that the asking price of €379,000 exceeds the fair value by €53,000 (13.9% downside). Confidence in this valuation is low due to relevant data limitations.
Gross yield 5.3% (before costs)
The property presents a noteworthy investment opportunity given its rental income potential, with an estimated gross yield of 5.3%, which stands above the national average. However, the asking price of €379,000 significantly exceeds the fair value of €326,000, indicating a 13.9% downside when compared to the fair market conditions. This discrepancy raises concerns about the property being overpriced, despite its reasonable condition rating of 80/100. Investors should consider the location and neighborhood rated at 50/100, which might affect long-term tenant quality and appreciation prospects.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score of 50/100 paired with a tenant stability score of 50/100 indicates a mixed and potentially volatile rental market situation, which may impact the overall investment success. Fair value certainty risk The fair value of €326,000 carries low confidence due to discrepancies in estimates that exceed tolerance, indicating significant uncertainty in accurately assessing the property's market value.
Grade AFindings: 0
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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