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.
1-bedroom, 1-bathroom apartment of 50 m², built in 1981, energy rating C. Located Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: The apartment includes two balconies, enhancing outdoor space and offering distinct views, while the modern finishes elevate overall aesthetics significantly. Valuation Verdict: Fair.
The valuation. The asking price of €228,000 sits significantly above the fair value of €82,668, creating a gap of €145,332 (63.7%). This property is clearly overpriced in the current market context. Buy-to-flip angle. A buy-to-flip strategy would be challenging due to the asking price being 63.7% above fair value, significantly limiting potential profit margins upon resale. Buy-to-let angle. With an estimated rental income of €684 per month, the gross yield of 3.6% aligns with long-term rental strategies but does not provide compelling returns considering the high purchase price.
Fair value modelled at €82,668 from the area baseline, adjusted for condition and location. Asking €228,000 sits €145,332 (63.7%) above — overpriced versus fair value.
Asking €228,000 versus the Corroios, Seixal, Setúbal area baseline of €150,900 (€3,018/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 72 · Materials 70 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 80 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Corroios, Seixal, Setúbal
Area baseline €150,900 + condition -€5,625 + location +€8,893 = modelled fair value of €82,668 (€1,653/m²), a €145,332 (63.7%) gap versus the €228,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Corroios · 4baa2f | Subject | €228,000 | €4,560 | — | 72 | 78 |
| alameda de Guerra Junqueiro | Active | €210,000 | €5,526 | 21.2% | 70 | 74 |
| rua Miguel Bombarda | Active | €135,000 | €2,411 | 47.1% | 72 | 67 |
| rua Santiago Kastner, 11 | Active | €310,000 | €3,010 | 34.0% | 70 | 74 |
| Almada, Cova da Piedade, Pragal e Cacilhas · dee5cc | Active | €249,000 | €4,527 | 0.7% | 72 | 74 |
| Median comp | €229,500 | €3,769 | 17.4% | 71 | 74 |
Long-term rental This 1-bed apartment in Corroios is priced at €228,000, significantly exceeding its fair value of €82,668, which indicates it is overpriced by 63.7%. With a gross yield of only 3.6% and a condition score of 68/100, it may not provide the rental returns that justify its high price point. Buy-and-hold Investing in this property as a buy-and-hold strategy seems unwise, given its substantial markup above fair value of €82,668. The low yield of 3.6% does not align with an effective long-term investment performance, especially with the property being judged as overpriced. Family rental While the apartment is situated in a decent neighbourhood with a quality rating of 78/100, its asking price of €228,000 still far exceeds the fair market value of €82,668, reflecting a significant overpricing of 63.7%. Consequently, the potential for attracting family renters at such a price point may be limited due to the low yield and high cost relative to fair value.
Tenant turnover risk There is a moderate risk of tenant turnover due to the tenant stability score of 75/100, which may lead to increased vacancy rates and associated costs.
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