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 62 m². Located on avenida Bocage, 24, Alto do Seixalinho, Santo André e Verderena parish, Barreiro municipality, Setúbal district. Noteworthy Features: The apartment includes a spacious pantry in the hallway for enhanced organization and is situated on a major access road to Lisbon, providing convenient transport links.
The valuation. The asking price of €242,000 sits €132,952 (54.9%) above fair value, which is set at €109,048. As such, the property is considered overpriced.
Fair value modelled at €109,048 from the area baseline, adjusted for condition and location. Asking €242,000 sits €132,952 (54.9%) above — overpriced versus fair value.
Asking €242,000 versus the avenida Bocage, 24 area baseline of €106,640 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 72 · Materials 75 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 67/100 (Housing Market 75 · Amenities 65 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
avenida Bocage, 24
Area baseline €106,640 + condition -€4,844 + location +€7,252 = modelled fair value of €109,048 (€1,759/m²), a €132,952 (54.9%) gap versus the €242,000 asking price.
Family rental The property may attract families seeking a suburban lifestyle, yet its current price of €242,000 significantly exceeds the fair value of €109,048, indicating it is overpriced. This misalignment could deter prospective renters who often compare options within the local market. Long-term rental While the location benefits from decent amenities and schools, the 3.6% gross yield reflects a significant risk due to the excessive listing price compared to fair value. Investors should be cautious, as the high entry cost could limit profitability over the long term. Buy-and-hold Investing in this property as a buy-and-hold strategy seems unwise given the current valuation gap of 54.9%, labeling the property as overpriced. The potential for appreciation may not justify the initial investment, leading to concerns about long-term returns in a suburban market with moderate ratings. Not ideal for luxury market The property’s attributes do not align with luxury expectations and its overpriced status detracts from its appeal in a competitive high-end market. Buyers looking for luxury will likely seek out properties that reflect their value through unique features and premium pricing. Not ideal for short-term vacation rental As a short-term vacation rental, this property struggles with its high price relative to fair market value, making it less appealing for investors. The suburban setting also lacks the lively attractions typically sought after in lucrative short-term rental markets. Not ideal for student housing The property is not ideally suited for student housing due to its overpriced listing and a tenant quality that may not attract students seeking budget-friendly accommodations. Additionally, proximity to universities and vibrant youth culture could play a crucial role in viability, which seems limited in this case.
Economic Risk The economic stability score of 65 suggests a potential for volatile market conditions, which could impact rental demand and property value.
