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 84 m², built in 1992, energy rating D. Located on rua Manuel Martins, 17, Baixa da Banheira e Vale da Amoreira parish, Moita municipality, Setúbal district. This apartment features a storage room and pantry, providing essential extra space for organization in a well-distributed layout.
The valuation. The asking price of €240,000 is significantly above the fair value of €121,338, resulting in an overpricing of €118,662 (49.4%). This property does not present a compelling investment opportunity given its valuation.
Fair value modelled at €121,338 from the area baseline, adjusted for condition and location. Asking €240,000 sits €118,662 (49.4%) above — overpriced versus fair value.
Asking €240,000 versus the rua Manuel Martins, 17 area baseline of €144,480 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 47/100 (Condition 50 · Materials 40 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 74/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 72). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua Manuel Martins, 17
Area baseline €144,480 + condition -€37,013 + location +€13,870 = modelled fair value of €121,338 (€1,444/m²), a €118,662 (49.4%) gap versus the €240,000 asking price.
Long-term rental While the apartment's gross yield of 3.7% suggests a modest return, its listing price of €240,000 is significantly above the fair value of €121,338, reflecting a 49.4% gap. Given the area's suburban, family-friendly nature, this investment does not appear to justify the high asking price. Buy-and-hold The buy-and-hold strategy is not advisable, as the property is priced at €240,000, while the fair value stands at just €121,338—indicating a potential loss of capital due to the 49.4% overvaluation. Although the neighborhood has a good score of 74/100 for livability, the high purchase price negates the prospect of future appreciation. Family rental Investing in this property for family rental purposes is likely unwise, as its asking price of €240,000 greatly exceeds the fair market value of €121,338, a difference of 49.4%. Although the neighborhood is family-oriented, the overvaluation diminishes the overall rental income potential, with only a 3.7% gross yield expected.
Economic Sensitivity The property may face a risk of decreased income due to its economic stability score of 75/100 indicating potential vulnerability to economic fluctuations.