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 80 m² on the 2nd floor, built in 1974, energy rating C. Located on rua Cidade de Tomar, 5, Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: This apartment includes a private balcony that enhances outdoor living space and offers views of the surrounding neighborhood, contributing to its appeal and potential for lifestyle improvement.
The valuation. The asking price of €249,000 is significantly above fair value at €124,635, resulting in an overpriced status of €124,365 (49.9%). This indicates a substantial premium that does not align with market standards.
Fair value modelled at €124,635 from the area baseline, adjusted for condition and location. Asking €249,000 sits €124,365 (49.9%) above — overpriced versus fair value.
Asking €249,000 versus the rua Cidade de Tomar, 5 area baseline of €127,040 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 60 · Materials 65 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 77/100 (Housing Market 85 · Amenities 80 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Cidade de Tomar, 5
Area baseline €127,040 + condition -€16,125 + location +€13,720 = modelled fair value of €124,635 (€1,558/m²), a €124,365 (49.9%) gap versus the €249,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cidade de Tomar, 5 | Subject | €249,000 | €3,113 | — | 60 | 77 |
| Laranjeiro e Feijó · 00179d | Active | €295,000 | €4,609 | 48.1% | — | 69 |
| praça José Afonso | Active | €299,000 | €4,600 | 47.8% | — | 76 |
| Laranjeiro e Feijó · 25f695 | Active | €295,000 | €4,609 | 48.1% | 70 | 73 |
| Corroios · 0902bb | Active | €270,000 | €3,418 | 9.8% | 65 | 76 |
| Median comp | €295,000 | €4,605 | 47.9% | 68 | 75 |
Long-term rental The property at €249,000 presents a significant gap of 49.9% against its fair value of €124,635, indicating it is overpriced. With a gross yield of 3.8% and a condition rating of 62/100, it may not attract long-term tenants at its current price point. Family rental This 2-bedroom apartment in Corroios, priced at €249,000, is overpriced compared to its fair value of €124,635, reflecting a 49.9% premium. While the neighbourhood has a decent rating of 77/100 and is suitable for families, the current asking price limits its appeal for family rentals. Buy-and-hold Given the listing price of €249,000 above its fair value of €124,635, the property is considered overpriced, with a notable gap of 49.9%. Despite being in a suburban area with a strong housing market, the current price hinders the potential for a profitable buy-and-hold strategy.
Tenant turnover risk With a tenant stability score of 75/100, there may be a higher likelihood of turnover, potentially increasing vacancy rates and associated costs for the property owner.
