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 71 m², built in 1978. Located Sines parish, Sines municipality, Setúbal district. Property Feature: The apartment boasts a spacious living room designed to maximize panoramic views, showcasing the stunning sunsets over the city and sea directly from its large windows.
The valuation. The asking price of €270,000 significantly exceeds the fair value of €109,613, resulting in an overpriced assessment of €160,387 or 59.4%. This disparity indicates a considerable risk for potential investors.
Fair value modelled at €109,613 from the area baseline, adjusted for condition and location. Asking €270,000 sits €160,387 (59.4%) above — overpriced versus fair value.
Asking €270,000 versus the Sines, Sines, Setúbal area baseline of €112,748 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 70 · Materials 75 · Room dimensions 78). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 46/100 (Housing Market 35 · Amenities 45 · Economic 40 · Tenant Quality 60). Softer demand indicators apply a discount to baseline.
Sines, Sines, Setúbal
Area baseline €112,748 + condition -€1,331 + location -€1,804 = modelled fair value of €109,613 (€1,544/m²), a €160,387 (59.4%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Sines · 49b942 | Subject | €270,000 | €3,803 | — | 70 | 46 |
| Sines · dee60f | Active | €150,000 | €1,765 | 53.6% | 60 | 50 |
| Sines · 4a7d6d | Active | €475,000 | €2,500 | 34.3% | 75 | 49 |
| Sines · 4bc639 | Active | €175,000 | €2,397 | 37.0% | — | 46 |
| Sines · f365ab | Active | €300,000 | €2,857 | 24.9% | 75 | 48 |
| Median comp | €237,500 | €2,449 | 35.6% | 75 | 49 |
Long-term rental The property is not ideal for a long-term rental strategy due to its overpriced listing of €270,000, which is significantly above the fair value of €109,613, representing a 59.4% gap. Additionally, the neighbourhood's low rating of 46/100 indicates poor tenant quality and may limit demand for rental properties in the area. Value-add renovation Investing in value-add renovations may not be viable given that the current asking price of €270,000 is substantially over the fair value of €109,613, creating a difficult return on investment potential. The apartment's condition rating of 74/100 suggests some level of livability, but the steep price tag may deter sufficient interest to justify renovation expenses.
High Economic Risk The property is located in an area with a low economic stability score of 40/100, indicating potential fluctuations in market conditions that may affect tenant retention and rental income.
