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 116 m² on the 3rd floor, built in 1998, energy rating D. Located on rua Estevão Rodrigues, Alcochete parish, Alcochete municipality, Setúbal district. This property boasts exceptional river views from multiple rooms, enhancing the ambience with natural light and creating a serene backdrop for everyday living.
The valuation. The asking price of €370,000 sits significantly above fair value, which is assessed at €189,705, creating a discrepancy of €180,295 (48.7%). The verdict: overpriced.
Fair value modelled at €189,705 from the area baseline, adjusted for condition and location. Asking €370,000 sits €180,295 (48.7%) above — overpriced versus fair value.
Asking €370,000 versus the rua Estevão Rodrigues area baseline of €184,208 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 75 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 55/100 (Housing Market 50 · Amenities 45 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Estevão Rodrigues
Area baseline €184,208 + condition +€1,813 + location +€3,684 = modelled fair value of €189,705 (€1,635/m²), a €180,295 (48.7%) gap versus the €370,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Estevão Rodrigues | Subject | €370,000 | €3,190 | — | 75 | 55 |
| rua Estevão Rodrigues | Active | €370,000 | €3,190 | 0% | 72 | 57 |
| Alcochete · ba5ab2 | Active | €346,000 | €3,295 | 3.3% | 70 | 54 |
| avenida da Revolução | Active | €330,000 | €3,300 | 3.5% | 70 | 58 |
| rua Ruy de Sousa Vinagre, 24R | Active | €330,000 | €3,667 | 15.0% | 75 | 58 |
| Median comp | €338,000 | €3,298 | 3.4% | 71 | 58 |
Long-term rental The property is overpriced at €370,000, significantly exceeding its fair value of €189,705 by 48.7%. With a gross yield of only 3.9% and a neighborhood rating of 55/100, the investment potential in the long-term rental market is lacking. Buy-and-hold At €370,000, this apartment's price is nearly double its fair value, signaling a clear distortion in the market. The anticipated long-term returns are insufficient given the low yield and subpar neighborhood condition, making a buy-and-hold strategy less appealing. Not ideal for Short-term rental, Luxury market, Student housing Location context: - Peripheral area influenced by nearby Setúbal's industrial zone. - Rural characteristics impact the score. Neighborhood dimensions: - Housing market: - Economic: - Amenities: - Tenant quality:
Economic and Tenant Stability Risk The property is at risk due to its economic and tenant stability scores of just 60/100, indicating potential challenges in attracting and retaining tenants in a fluctuating market.
