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 124 m², energy rating D. Located Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: The property includes a versatile attic that can serve as a home office or additional bedroom, and a garage converted into a studio offering rental potential.
The valuation. The asking price of €369,900 is significantly above the fair value of €198,146, representing a premium of €171,754 (46.4%). This property is overpriced based on current market metrics. Buy-to-flip angle. Given the property's condition rating of 67/100, a resale strategy would involve minor renovations to update the kitchen and flooring. This could enhance appeal and potentially yield a profitable flip in a desirable neighborhood close to Lisbon. Buy-to-let angle. The estimated gross yield stands at 4%, translating to around €1,233 per month in rental income. The location's proximity to Lisbon enhances its attractiveness for long-term rentals, making it a viable buy-and-hold investment.
Fair value modelled at €198,146 from the area baseline, adjusted for condition and location. Asking €369,900 sits €171,754 (46.4%) above — overpriced versus fair value.
Asking €369,900 versus the Corroios, Seixal, Setúbal area baseline of €196,912 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 72 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 80 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Corroios, Seixal, Setúbal
Area baseline €196,912 + condition -€15,306 + location +€16,541 = modelled fair value of €198,146 (€1,598/m²), a €171,754 (46.4%) gap versus the €369,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Corroios · 6d5338 | Subject | €369,900 | €2,983 | — | 72 | 71 |
| avenida Vale de Milhaços S / N | Active | €400,000 | €2,667 | 10.6% | 70 | 73 |
| Corroios · 0902bb | Active | €270,000 | €3,418 | 14.6% | 65 | 76 |
| rua Cidade de Porto de Amélia | Active | €240,000 | €3,000 | 0.6% | 68 | 84 |
| praceta Ema Reis S / N | Active | €290,000 | €3,625 | 21.5% | 67 | 71 |
| Median comp | €280,000 | €3,209 | 7.6% | 68 | 75 |
Long-term rental The demand for long-term rental in the Corroios area is tempered by the property being overpriced by 46.4%, making it a less attractive investment. With a gross yield of only 4%, the returns may not justify the initial outlay given the fair value is significantly lower. Family rental Investing in a family rental property in Corroios is complicated by the high asking price of €369,900, which is above its fair value of €198,146. Families may be deterred by the premium asking price, especially in a suburban area that is less dense than the city center, limiting tenant interest. Buy-and-hold This buy-and-hold strategy is hindered by the property being priced at 46.4% above its fair value, which diminishes its long-term appreciation potential. The current market yield of 4% does not sufficiently offset the risks associated with a high-cost investment in a suburban neighborhood with moderate amenities and tenant quality.
Economic Vulnerability The property's economic stability score of 70 indicates a moderate risk, while a tenant stability score of 65 suggests potential challenges in maintaining reliable rental income, increasing the likelihood of vacancy.
