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.
4-bedroom, 2-bathroom house of 125 m², built in 1980, energy rating E. Located Porto Covo parish, Sines municipality, Setúbal district. Noteworthy Features: The property includes a secondary building suitable for storage or support, and boasts substantial land area of 12.6 hectares with two year-round water wells.
The valuation. The asking price of €875,000 sits significantly above the fair value of €155,506, resulting in an overvaluation of €719,494 (82.2%). This property is overpriced based on current market conditions.
Fair value modelled at €155,506 from the area baseline, adjusted for condition and location. Asking €875,000 sits €719,494 (82.2%) above — overpriced versus fair value.
Asking €875,000 versus the Porto Covo, Sines, Setúbal area baseline of €351,000 (€2,808/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 54/100 (Condition 52 · Materials 55 · Room dimensions 58). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 48/100 (Housing Market 40 · Amenities 45 · Economic 35 · Tenant Quality 60). Softer demand indicators apply a discount to baseline.
Porto Covo, Sines, Setúbal
Area baseline €351,000 + condition -€41,406 + location -€1,588 = modelled fair value of €155,506 (€1,244/m²), a €719,494 (82.2%) gap versus the €875,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Porto Covo · 38bb7f | Subject | €875,000 | €7,000 | — | 52 | 48 |
| Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra · 023964 | Active | €525,000 | €5,833 | 16.7% | 45 | 46 |
| Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra · 25f636 | Active | €525,000 | €5,833 | 16.7% | — | 50 |
| Porto Covo · 25f8bd | Active | €850,000 | €2,623 | 62.5% | — | 43 |
| São Domingos e Vale de Água · 82c6d2 | Active | €570,000 | €6,000 | 14.3% | — | 46 |
| Median comp | €547,500 | €5,833 | 16.7% | 45 | 46 |
Long-term rental The 4-bed house in Porto Covo is overpriced at €875,000, significantly exceeding the fair value of €155,506, presenting a gap of 82.2%. With a gross yield of 0% and a condition score of 54/100, this property does not align with the financial expectations typically required for long-term rental investments. Buy-and-hold Investing in this property for a buy-and-hold strategy is not advisable given its 82.2% overvaluation and weak performance metrics, including a low condition rating of 54/100 and a neighbourhood score of 48/100. Such factors suggest a lack of strong appreciation potential, making the current price unjustifiable for this strategy.
Low Economic Stability Risk With an economic stability score of 35/100, there is a significant risk of economic downturns negatively affecting property demand and tenant reliability.
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