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, 2-bathroom apartment of 150 m², built in 2002, energy rating D. Located on alameda do Tejo, Alcochete parish, Alcochete municipality, Setúbal district. Noteworthy Features: This apartment includes a private balcony with views of the Tagus River, enhancing the living experience with a serene outdoor space for relaxation or entertainment.
The valuation. The asking price of €365,000 is significantly above the fair value of €262,268, representing an overprice of €102,732 (28.1%). As such, this property is not aligned with market expectations.
Fair value modelled at €242,230 from the area baseline, adjusted for condition and location. Asking €365,000 sits €122,770 (33.6%) above — overpriced versus fair value.
Asking €365,000 versus the alameda do Tejo area baseline of €238,200 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 80 · Room dimensions 74). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 53/100 (Housing Market 50 · Amenities 50 · Economic 55 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
alameda do Tejo
Area baseline €238,200 + condition +€1,172 + location +€2,858 = modelled fair value of €242,230 (€1,615/m²), a €122,770 (33.6%) gap versus the €365,000 asking price.
Long-term rental This property presents a gross yield of 4.3%, which is relatively low given its listing price of €365,000 compared to the fair value of €262,268. Additionally, the neighborhood score of 53/100 indicates potential challenges in attracting quality tenants, further supporting that this investment is overpriced. Buy-and-hold Given the significant gap of 28.1% between the listing price and fair value, the potential for capital appreciation in this suburban area of Alcochete appears limited. The current condition score of 76/100 does not mitigate the risk of a declining market influenced by reliance on a larger urban center economy, reaffirming that this property is overpriced.
Economic Vulnerability With an Economic stability score of 55/100, the property may be at risk of declining property values due to potential economic downturns that could further impact tenant stability, also rated at 55/100.