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, 1-bathroom apartment of 75 m², built in 1985, energy rating E. Located on rua Alves Redol, 9, Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: The apartment enjoys an efficient layout that maximizes space, complemented by abundant natural light and proximity to essential local amenities and public transport hubs.
The valuation. The asking price of €244,900 is significantly above fair value, which is assessed at €122,682. This reflects a notable discrepancy of €122,218 (49.9%), indicating that the property is overpriced.
Fair value modelled at €122,682 from the area baseline, adjusted for condition and location. Asking €244,900 sits €122,218 (49.9%) above — overpriced versus fair value.
Asking €244,900 versus the rua Alves Redol, 9 area baseline of €119,100 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 70 · Amenities 75 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Alves Redol, 9
Area baseline €119,100 + condition -€7,852 + location +€11,434 = modelled fair value of €122,682 (€1,636/m²), a €122,218 (49.9%) gap versus the €244,900 asking price.
Long-term rental The 2-bed apartment in Corroios commands a price that is significantly higher than its fair value, resulting in a substantial gap of 49.9%. With a gross yield of only 4.2%, the potential for strong long-term rental returns appears limited given the current pricing situation. Buy-and-hold Investing in this property for a buy-and-hold strategy is questionable, as its current market price significantly exceeds its fair value of €122,682. The long-term appreciation potential may not compensate for the initial overvaluation, making this a challenging investment prospect. Family rental While the property is situated in a suburban area with good amenities, its listing price indicates a considerable overvaluation at 49.9% above fair value. This elevated pricing compares unfavorably to market expectations for family rentals, which may deter potential long-term tenants seeking value. Not ideal for: Luxury market, Short-term rental, Student housing
Moderate Tenant Default Risk With a tenant stability score of 70/100, there is a potential risk of tenant turnover or default affecting rental income consistency.
