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 90 m². Located Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: This apartment includes a private outdoor terrace that provides a rare amenity for outdoor space in urban settings, enhancing its appeal for families or investors.
The valuation. The asking price of €265,000 exceeds the fair value of €113,945 by €151,055 (57.0%), indicating that the property is overpriced. Buyers should exercise caution when evaluating this investment decision.
Fair value modelled at €113,945 from the area baseline, adjusted for condition and location. Asking €265,000 sits €151,055 (57.0%) above — overpriced versus fair value.
Asking €265,000 versus the Corroios, Seixal, Setúbal area baseline of €142,920 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 42/100 (Condition 38 · Materials 45 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 80/100 (Housing Market 80 · Amenities 80 · Economic 80 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
Corroios, Seixal, Setúbal
Area baseline €142,920 + condition -€46,125 + location +€17,150 = modelled fair value of €113,945 (€1,266/m²), a €151,055 (57.0%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Corroios · 99f1f2 | Subject | €265,000 | €2,944 | — | 38 | 80 |
| União das Freguesias do Seixal, Arrentela e Aldeia de Paio Pires · bf2857 | Active | €265,000 | €3,011 | 2.3% | 40 | 79 |
| rua Doutor Afonso Costa | Active | €280,000 | €2,947 | 0.1% | 58 | 72 |
| Corroios · 99f290 | Active | €220,000 | €3,385 | 14.9% | 38 | 82 |
| rua das Flores, 14 | Active | €295,000 | €4,155 | 41.1% | 55 | 77 |
| Median comp | €272,500 | €3,198 | 8.6% | 48 | 78 |
Family rental The property is priced at €265,000, which is significantly above the fair value of €113,945, indicating it is overpriced. With a gross yield of 4.3% and a condition rating of only 42/100, this investment does not present an attractive opportunity for families seeking quality housing in a suburban area. Long-term rental At €265,000, this apartment is overpriced compared to the fair value of €113,945, which may deter potential long-term renters. Despite a reasonably good neighbourhood rating of 80/100, the significant gap between listing price and fair value means this investment lacks compelling financial justification for long-term rental. Buy-and-hold Given its listing price of €265,000 versus a fair value of €113,945, the property is considered overpriced, hampering its appeal for buy-and-hold strategies. Although the location benefits from good transport links, the current valuation does not support a prudent long-term investment approach due to its inferior condition score of 42/100.
Economic Dependence Risk With an economic stability score of 80/100, there is a potential risk that any downturn in the local economy could significantly impact rental income and tenant retention.
