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 119 m², energy rating A. Located on praça Doutor Manuel Simões Arrôs, 58, Alcochete parish, Alcochete municipality, Setúbal district. This apartment features stunning river views and is located just steps from historic Alcochete's charming streets and amenities, providing a unique blend of tranquility and accessibility.
The valuation. The asking price of €406,000 is significantly above the fair value of €195,678, marking a €210,322 (51.8%) difference. Verdict: overpriced.
Fair value modelled at €195,678 from the area baseline, adjusted for condition and location. Asking €406,000 sits €210,322 (51.8%) above — overpriced versus fair value.
Asking €406,000 versus the praça Doutor Manuel Simões Arrôs, 58 area baseline of €188,972 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 80 · Materials 75 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 51/100 (Housing Market 50 · Amenities 55 · Economic 45 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
praça Doutor Manuel Simões Arrôs, 58
Area baseline €188,972 + condition +€5,950 + location +€756 = modelled fair value of €195,678 (€1,644/m²), a €210,322 (51.8%) gap versus the €406,000 asking price.
Buy-and-hold The 2-bed apartment in Alcochete is overpriced at €406,000, significantly exceeding the fair value of €195,678 by 51.8%. With a low gross yield of 3.3% and a mediocre neighbourhood rating of 51/100, this strategy is unlikely to provide satisfactory long-term returns. Value-add renovation Investing in refurbishment for the Alcochete apartment does not warrant consideration due to its current pricing at €406,000, which is above the fair value by 51.8%. The apartment’s condition rated at 78/100 and a neighbourhood score of 51/100 mean that potential renovations may not yield sufficient returns in line with market expectations. Family rental The property is not a viable option for family rentals as it is overpriced at €406,000, substantially higher than the fair value of €195,678. Additionally, the limited neighbourhood amenities and accessibility to urban centers suggest that rental demand may be weak, making this strategy unappealing. Not ideal for: Luxury market, Student housing, Short-term vacation rental
Economic Vulnerability The low Economic stability score of 45/100 indicates a significant risk of economic downturns potentially affecting rental income and property value.
