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 128 m² on the 1st floor, built in 1972, energy rating E. Located on praceta Florbela Espanca, Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. The apartment features a unique blend of vintage 1970s wooden cabinetry in some areas, contrasting with modern minimalist renovations that enhance the character of the living spaces.
Market reference data is out of date. The rental income strategy applies strongly to this property, with a gross yield estimated at 5.6%, positioning it among the top quarter of national returns before costs, vacancy, and management fees.
We currently do not provide a fair value or verdict on the asking price for this property. Reason: "Market reference data is out of date". A fair value is built using the Transaction model based on real transaction data in the area and the Adjusted asking-price model trained on current listings that adjust asking prices to sale level.
Gross yield 5.6% (before costs)
This 4-bed apartment in Cova da Piedade, Pragal e Cacilhas, offered at €385,000, presents a compelling investment opportunity with a strong rental income strategy supported by an estimated gross yield of 5.6%, placing it in the top quarter of the national range. The property's condition, rated 68/100, along with its neighbourhood rating of 50/100, indicates a manageable renovation potential while still being positioned in a desirable location for tenants. Market reference data is out of date.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property has an economic stability score of 50/100 and a tenant stability score of 50/100, indicating potential vulnerabilities in both areas that may impact rental income and occupancy levels. Absence of fair-value estimate risk No fair-value estimate is available for the property, as "Market reference data is out of date."
Grade AFindings: 0
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Models 3.4.3 (Data quality v3 · Valuation v4.1 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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