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 85 m² on the 1st floor, energy rating D. Located on praceta Francisco Vieira de Almeida, 4, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. The apartment uniquely features two bedrooms with views of the iconic Cristo Rei, enhancing its appeal in a tranquil neighborhood.
The asking price of €400,000 significantly exceeds our estimated fair value of €311,000, indicating a substantial gap of €89,000, or 22.3% downside risk. The estimated gross yield stands at 4.7%, providing context on potential income before costs and vacancies.
The asking price is above the fair value. The fair value of this property is based on a combination of the Transaction model, which uses real transaction data from 227 recorded sales, and the Adjusted asking-price model, based on current listings. This combination applies a weighted blend, with 55% from the Transaction model and 45% from the Adjusted asking-price model. No conservative adjustments were made for this property. As a result, the fair value is €311,000, indicating that the asking price is €400,000, which is 22.3% downside vs the asking price. Confidence in this valuation is high.
Gross yield 4.7% (before costs)
No specific strategy stands out for this property.
This 3-bedroom apartment in Almada is listed at €400,000, significantly above its fair value of €311,000, indicating a downside of 22.3% compared to the asking price. Despite a respectable condition score of 82/100, the neighborhood only scores 50/100, which may impact long-term desirability. Investors should carefully consider the gap between price and value, as well as the property’s location and condition, before proceeding.
Indicative, before costs, vacancy and management. Not investment advice.
Tenant and economic instability risk Both the economic stability score and tenant stability score are rated at 50/100, indicating a potential risk of tenant turnover and economic fluctuations that could affect rental income and property value.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
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Models 3.4.3 (Data quality v3 · Valuation v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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