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 76 m². Located Sesimbra (Castelo) parish, Sesimbra municipality, Setúbal district. Highlights: This apartment includes a spacious 75.5 m² common outdoor area featuring a barbecue, enhancing its appeal for social gatherings and relaxation. Parking Feature: The dedicated parking space is equipped for electric vehicle charging.
The valuation. The asking price of €269,000 is significantly above the fair value of €199,727, representing a disparity of €69,273 (25.8%). This valuation confirms that the property is overpriced and may require negotiation to reach a more equitable price.
Fair value modelled at €199,727 from the area baseline, adjusted for condition and location. Asking €269,000 sits €69,273 (25.8%) above — overpriced versus fair value.
Asking €269,000 versus the Sesimbra (Castelo), Sesimbra, Setúbal area baseline of €209,152 (€2,752/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 (Condition 63 · Materials 54 · Room dimensions 58). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 64/100 (Housing Market 70 · Amenities 60 · Economic 65 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Sesimbra (Castelo), Sesimbra, Setúbal
Area baseline €209,152 + condition -€21,137 + location +€11,713 = modelled fair value of €199,727 (€2,628/m²), a €69,273 (25.8%) gap versus the €269,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Sesimbra (Castelo) · 023899 | Subject | €269,000 | €3,539 | — | 63 | 64 |
| rua Alfredo César de Andrade, 9 | Active | €245,000 | €3,141 | 11.3% | 65 | 69 |
| Sesimbra (Santiago) · 261e75 | Active | €285,000 | €3,167 | 10.5% | 62 | 59 |
| Sesimbra (Castelo) · 49b8d4 | Active | €282,000 | €3,398 | 4.0% | 70 | 61 |
| rua Conselheiro Ramada Curto | Active | €285,000 | €2,478 | 30.0% | 70 | 61 |
| Median comp | €283,500 | €3,154 | 10.9% | 68 | 61 |
Long-term rental The property's gross yield of 3.3% is below the expected returns for long-term rental investments, indicating that the price is not justified. Given its fair value is significantly lower than the listing, it would be challenging to secure adequate rental income to cover expenses. Buy-and-hold As the property is priced at €269,000, which is 25.8% above its fair value, it may not be an ideal buy-and-hold strategy given potential capital appreciation risks. The overall condition score of 57/100 does not suggest strong stability for long-term ownership either. Value-add renovation Although a value-add renovation could theoretically enhance the property, its current listing price reflects an overvaluation of the asset given the fair value of €199,727. With a condition score of only 57/100, the initial renovation costs may not warrant a return commensurate with the elevated price point.
Tenant turnover risk The tenant stability score of 60/100 suggests a higher likelihood of tenant turnover, which may lead to increased vacancy rates and associated costs.
