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 133 m², built in 1998, energy rating D. Located on praceta João Azevedo, Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: The apartment features a versatile 35 m2 living room that allows for separate living and dining areas, enhancing both comfort and functionality for daily life.
The valuation. The asking price of €370,000 is significantly above the fair value of €233,752, leaving an overvaluation of €136,248 (36.8%). This excess price indicates that the property is overpriced. Buy-to-flip angle. A resale strategy could focus on enhancing aesthetic appeal through minor renovations, potentially increasing market value for a quicker flip in a desirable neighborhood, capitalizing on the growing interest in Corroios. Buy-to-let angle. By renting the 3-bed apartment at an estimated €1,079/month, the expected gross yield at 3.5% suggests a stable, albeit modest, income stream for long-term rental investors seeking property in the suburb near Lisbon.
Fair value modelled at €233,752 from the area baseline, adjusted for condition and location. Asking €370,000 sits €136,248 (36.8%) above — overpriced versus fair value.
Asking €370,000 versus the praceta João Azevedo area baseline of €211,204 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
praceta João Azevedo
Area baseline €211,204 + condition +€3,117 + location +€19,431 = modelled fair value of €233,752 (€1,758/m²), a €136,248 (36.8%) gap versus the €370,000 asking price.
Long-term rental The apartment in Corroios is overpriced at €370,000 compared to its fair value of €233,752, resulting in a significant gap of 36.8%. With a gross yield of only 3.5%, this investment strategy is unlikely to deliver satisfactory returns in the long run. Family rental Despite its proximity to Lisbon and decent amenities, the property is priced above its fair value, making it a less attractive option for family rentals. The neighborhood's score of 73/100 indicates a reasonable living environment, but the financial metrics signal a missed opportunity. Buy-and-hold Investing in this Corroios apartment as a buy-and-hold strategy appears unwise due to its current valuation of €370,000, which is 36.8% above fair value. While the location provides good commuting options, the yield and pricing dynamics suggest that long-term appreciation may not compensate for the initial overvaluation.
Economic Dependence Risk The property's economic stability score of 70/100 indicates a potential vulnerability to market fluctuations that could impact rental income.
