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.
2-bedroom, 1-bathroom apartment of 60 m², built in 1988, energy rating C. Located Almada, Cova da Piedade, Pragal e Cacilhas parish, Almada municipality, Setúbal district. This apartment boasts a private outdoor terrace, enhancing its appeal for relaxation and social gatherings in a central Almada location.
The asking price is above the fair value, with a gap of €92,000; 26.3% downside versus the asking price. The estimated gross yield is 4.9%.
The asking price is above the fair value. The fair value is determined by combining two models: the Transaction model, based on 377 recorded sales in Almada, accounting for 55% of the valuation, and the Adjusted asking-price model, which contributes 45% based on current listings. No conservative adjustments were applied to this property. The resulting fair value is €258,000, indicating a significant gap. This means the asking price of €350,000 is above the fair value by €92,000, reflecting a 26.3% downside. Confidence in this assessment is high.
Gross yield 4.9% (before costs)
No specific strategy stands out for this property.
The asking price for this 2-bed apartment in Almada significantly exceeds the fair value, indicating that it may not be the best opportunity for an investor considering the potential for price adjustments. The condition score of 84/100 suggests the apartment is in good shape, yet the neighbourhood score of 50/100 points to some weaknesses in the local area that could affect future value. With a gross yield of 4.9%, investors should carefully weigh the high asking price against the overall property value and location factors.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk: The property is situated in an area with both economic and tenant stability scores of only 50/100, indicating a heightened risk of tenant turnover and potential difficulties in maintaining consistent rental income.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
