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.
3-bedroom, 2-bathroom apartment of 92 m², built in 1983, energy rating D. Located on rua da Pirada, 6, Amora parish, Seixal municipality, Setúbal district. Noteworthy Features: This apartment boasts two balconies, enhancing outdoor space options, and benefits from recent maintenance updates that improve the overall aesthetic and livability of the home.
The valuation. The asking price of €340,000 is significantly above fair value, which is determined to be €153,248, resulting in an overpriced verdict of €186,752 (54.9%). This suggests a reevaluation is necessary before considering any investment. Buy-to-flip angle. The strategy for reselling involves renovations to enhance curb appeal and modernize interiors to appeal to buyers, potentially increasing the resale value beyond initial projections. However, given its current status, quick flips are not likely to yield substantial profits. Buy-to-let angle. The estimated rental income of €878 per month offers a gross yield of 3.1%, positioning the property for long-term family rentals in a suburban Lisbon area known for good transport links and schools. This steady income stream could provide a reliable return in a mixed neighborhood.
Fair value modelled at €139,987 from the area baseline, adjusted for condition and location. Asking €340,000 sits €200,013 (58.8%) above — overpriced versus fair value.
Asking €340,000 versus the rua da Pirada, 6 area baseline of €146,096 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 (Condition 65 · Materials 60 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 73/100 (Housing Market 75 · Amenities 75 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua da Pirada, 6
Area baseline €146,096 + condition -€19,550 + location +€13,441 = modelled fair value of €139,987 (€1,522/m²), a €200,013 (58.8%) gap versus the €340,000 asking price.
Long-term rental The property is overpriced at €340,000, with a fair value of only €153,248, indicating a significant gap of 54.9%. With a gross yield of 3.1% and a neighborhood rating of 73/100, it may not attract tenants willing to pay a premium for this property. Family rental Despite being located in a suburban area of Lisbon with good schools, the price of €340,000 does not align with the fair value of €153,248. The condition score of 61/100 suggests that families may seek better value elsewhere, particularly given the substantial price gap. Buy-and-hold Investors should approach the buy-and-hold strategy cautiously, as the listing price of €340,000 is considerably above the fair value of €153,248. The current yield of 3.1% does not warrant the investment given the high purchase price relative to market conditions, indicating potential challenges in achieving long-term returns.
Tenant turnover risk With both economic and tenant stability scores at 70, there is a moderate risk of tenant turnover impacting consistent rental income.
