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 199 m², built in 2010, energy rating B. Located Alcochete parish, Alcochete municipality, Setúbal district. Noteworthy Feature: The apartment includes a state-of-the-art water filtration system by Acqua Robot, enhancing both convenience and quality of water throughout the kitchen.
The valuation. The asking price of €545,000 sits significantly above fair value, which is assessed at €331,951, indicating the property is overpriced by €213,049 (39.1%).
Fair value modelled at €331,951 from the area baseline, adjusted for condition and location. Asking €545,000 sits €213,049 (39.1%) above — overpriced versus fair value.
Asking €545,000 versus the Alcochete, Alcochete, Setúbal area baseline of €316,012 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 72 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 54/100 (Housing Market 45 · Amenities 55 · Economic 40 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Alcochete, Alcochete, Setúbal
Area baseline €316,012 + condition +€10,883 + location +€5,056 = modelled fair value of €331,951 (€1,668/m²), a €213,049 (39.1%) gap versus the €545,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcochete · 25f471 | Subject | €545,000 | €2,739 | — | 72 | 54 |
| Montijo e Afonsoeiro · 937416 | Active | €445,000 | €2,853 | 4.2% | 79 | 55 |
| Alcochete · 99f20d | Active | €560,000 | €5,333 | 94.7% | 80 | 52 |
| Alcochete · 262086 | Active | €1,400,000 | €4,167 | 52.1% | 82 | 61 |
| praça Doutor Manuel Simões Arrôs, 58 | Active | €406,000 | €3,412 | 24.6% | 80 | 51 |
| Median comp | €502,500 | €3,790 | 38.4% | 80 | 54 |
Long-term rental The property is overpriced at €545,000, significantly exceeding its fair value of €331,951, indicating lower potential returns for long-term rental. With a gross yield of only 4.2%, the investment fails to meet the desired profitability expectations in a less dynamic, rural area. Buy-and-hold Investing in this property as a buy-and-hold strategy is suboptimal given its current pricing, which is 39.1% above fair value. The neighborhood's rating of 54/100 further suggests limited capital appreciation potential in an economically stagnant region. Value-add renovation While a value-add renovation could enhance property appeal, the existing pricing significantly limits this strategy's effectiveness due to the current overvaluation at €545,000. The conditional score of 79/100 suggests some potential, but it is overshadowed by the property's substantial gap from fair value and rural context.
Economic Downturn Risk The property may face potential financial instability as indicated by its low economic stability score of 40/100 and moderate tenant stability score of 55/100, suggesting vulnerability to economic fluctuations.
