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 213 m², built in 2005, energy rating C. Located Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: This apartment boasts both a barbecue area on the balcony and an integrated sound system in the bedrooms, enhancing both relaxation and entertainment options.
The valuation. The asking price of €595,000 is significantly above the fair value of €376,373, resulting in an overvaluation of €218,627 (36.7%). This property is not positioned as a value opportunity for investment.
Fair value modelled at €376,373 from the area baseline, adjusted for condition and location. Asking €595,000 sits €218,627 (36.7%) above — overpriced versus fair value.
Asking €595,000 versus the Corroios, Seixal, Setúbal area baseline of €642,834 (€3,018/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 78 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 75 · Amenities 70 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Corroios, Seixal, Setúbal
Area baseline €642,834 + condition +€5,658 + location +€32,471 = modelled fair value of €376,373 (€1,767/m²), a €218,627 (36.7%) gap versus the €595,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Corroios · 0239dc | Subject | €595,000 | €2,793 | — | 74 | 74 |
| rua do Soutelo | Active | €426,900 | €2,985 | 6.9% | 71 | 75 |
| rua Natália Correia | Active | €370,000 | €2,701 | 3.3% | 74 | 73 |
| avenida Vieira da Silva | Active | €390,000 | €3,679 | 31.7% | 65 | 74 |
| alameda Santa Marta do Pinhal | Active | €395,000 | €3,435 | 23.0% | — | 68 |
| Median comp | €392,500 | €3,210 | 14.9% | 71 | 74 |
Family rental This property is overpriced by 36.7% compared to its fair value, making it a less attractive option for family rentals. With a gross yield of only 3.9%, the financial returns do not align with the elevated costs. Buy-and-hold Investors should be cautious as the fair value of €376,373 illustrates a significant discrepancy compared to the asking price of €595,000, indicating overpricing. The modest yield of 3.9% does not justify the investment given the current market conditions and potential long-term value stagnation. Long-term rental While located in a stable middle-class suburb, the 36.7% premium over fair value suggests that this apartment is not a sound long-term rental investment. The neighborhood's decent amenities and transit may attract tenants, but the high entry cost impairs profitability in the long run.
Tenant Turnover Risk With a Tenant Stability score of 70/100, there is a significant chance of higher tenant turnover, which can lead to increased vacancy rates and associated costs for the property.
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