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 99 m², built in 1983, energy rating C. Located on rua da Niza, 12, Corroios parish, Seixal municipality, Setúbal district. Notable Features: This apartment includes electric shutters and a sophisticated humidity extraction system, enhancing both convenience and indoor air quality in the modern living space.
The valuation. The asking price of €333,500 is significantly above the fair value of €192,687, creating an overpriced gap of €140,813 (42.2%). This valuation suggests that potential buyers should approach this property with caution.
Fair value modelled at €178,731 from the area baseline, adjusted for condition and location. Asking €333,500 sits €154,769 (46.4%) above — overpriced versus fair value.
Asking €333,500 versus the rua da Niza, 12 area baseline of €157,212 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 67/100 (Housing Market 70 · Amenities 65 · Economic 75 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua da Niza, 12
Area baseline €157,212 + condition +€10,828 + location +€10,690 = modelled fair value of €178,731 (€1,805/m²), a €154,769 (46.4%) gap versus the €333,500 asking price.
Long-term rental The property in Corroios is overpriced at €333,500 compared to its fair value of €192,687, resulting in a substantial gap of 42.2%. With a gross yield of 0%, this investment strategy is likely to underperform given the current market conditions. Family rental Given its 82/100 condition score, the apartment could appeal to families, but the price of €333,500 exceeds fair value by over 42%. Consequently, this strategy may not yield a favorable return on investment in the current economic climate. Buy-and-hold Considering the significant gap between the listing price and fair value, buying this property for the long-term is not advisable as it stands overpriced at €333,500. An investment in a buy-and-hold strategy would likely face challenges due to a projected yield of 0% in the current market scenario.
Tenant turnover risk High tenant turnover is more likely with a tenant stability score of 60/100, potentially leading to increased vacancy rates and associated costs.