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, 3-bathroom apartment of 127 m², built in 2002, energy rating C. Located on praceta António Andrade, Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: The apartment boasts an equipped kitchen with modern appliances and a living room featuring a small balcony with air conditioning, enhancing both comfort and functionality.
The valuation. The asking price of €348,000 is significantly above its fair value of €241,158, resulting in an overpricing of €106,842 (30.7%). This indicates that the property is not a financially sound investment at its current asking price.
Fair value modelled at €222,650 from the area baseline, adjusted for condition and location. Asking €348,000 sits €125,350 (36.0%) above — overpriced versus fair value.
Asking €348,000 versus the praceta António Andrade area baseline of €201,676 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 76/100 (Housing Market 80 · Amenities 75 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
praceta António Andrade
Area baseline €201,676 + condition +€0 + location +€20,974 = modelled fair value of €222,650 (€1,753/m²), a €125,350 (36.0%) gap versus the €348,000 asking price.
Long-term rental The property in Corroios, Seixal is overpriced with a gap of 30.7% from its fair value, making it a less attractive option for long-term rental investment. While the gross yield of 3.6% may seem reasonable, the overall investment does not align with the property's intrinsic value. Family rental Given the family-oriented nature of the neighborhood and decent condition rating of 75/100, the property appears to be suitable for a family rental. However, investors should be cautious, as its pricing is significantly above fair value, highlighting a risk in securing profitable returns. Buy-and-hold This property presents challenges for a buy-and-hold strategy due to its overpriced status with a fair value gap of 30.7%. Investors may face difficulties in realizing long-term appreciation, as the current market price does not reflect the true value of the asset.
Economic-tenant correlation risk With both economic and tenant stability scores at 75/100, there is a potential risk that any downturn in the economy could directly impact tenant retention and overall rental income stability.
