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, 3-bathroom apartment of 110 m² on the 4th floor, built in 1970, energy rating C. Located on rua António Nobre, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This apartment features premium AEG kitchen appliances and elegant marble surfaces in all bathrooms, highlighting a commitment to high-quality finishes throughout its modern design.
The asking price of €488,000 is significantly above our assessed fair value of €419,000, indicating the property is overpriced by €69,000, which represents a 14.2% downside versus the asking price. Confidence in this fair value is low.
The fair value of this property is derived using a Transaction model based on 67 recorded sales in the parish area, which contributes 55% to the overall estimate. The Adjusted asking-price model, accounting for current listings and their adjustments, makes up the remaining 45%. These models are combined to create a comprehensive value assessment with conservative adjustments assessed but found unnecessary for this property. As a result, the fair value is determined to be €419,000. However, the asking price is above the fair value, reflecting a downside of 14.2% against it. Confidence in this valuation is low.
Gross yield 5.2% (before costs)
This 4-bed apartment in Almada offers an estimated gross yield of 5.2%, positioning it above the national average, making it suitable for rental income generation despite the asking price being 14.2% higher than the fair value of €419,000. The property, while in good condition with a score of 84/100, is situated in a neighbourhood with a score of 50/100, suggesting some potential challenges in tenant quality and amenities. Overall, the asking price is above the fair value, indicating that it may not provide the optimal investment opportunity for potential buyers looking for immediate returns.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score of 50/100 and tenant stability score of 50/100 indicate a weakness in both economic and rental demand, which could impact potential rental income or long-term property value. Fair value certainty risk The valuation process yields a fair value of €419,000 with low confidence, coupled with the absence of micro-location transaction data and significant variances between estimates, raising doubts about its accuracy and market acceptance.
Grade AFindings: 0
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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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