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 €338,244 (€1,588/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 €338,244 + 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.
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.