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 90 m², built in 1984, energy rating D. Located on rua Ruy de Sousa Vinagre, 24R, Alcochete parish, Alcochete municipality, Setúbal district. Noteworthy Features: The apartment includes electric shutters for enhanced security and air conditioning to maintain a comfortable environment year-round.
The valuation. The asking price of €330,000 is significantly above the fair value of €153,681, representing an overpricing of €176,319 or 53.4%. This property is therefore overpriced in the current market.
Fair value modelled at €153,681 from the area baseline, adjusted for condition and location. Asking €330,000 sits €176,319 (53.4%) above — overpriced versus fair value.
Asking €330,000 versus the rua Ruy de Sousa Vinagre, 24R area baseline of €142,920 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 58/100 (Housing Market 50 · Amenities 55 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Ruy de Sousa Vinagre, 24R
Area baseline €142,920 + condition +€6,188 + location +€4,573 = modelled fair value of €153,681 (€1,708/m²), a €176,319 (53.4%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ruy de Sousa Vinagre, 24R | Subject | €330,000 | €3,667 | — | 75 | 58 |
| rua Professor Santos Nunes, 31 | Active | €220,000 | €2,750 | 25.0% | 75 | 57 |
| rua Estevão Rodrigues | Active | €370,000 | €3,190 | 13.0% | 75 | 55 |
| rua Estevão Rodrigues | Active | €370,000 | €3,190 | 13.0% | 72 | 57 |
| Alcochete · 023b0a | Active | €339,000 | €3,459 | 5.7% | 74 | 49 |
| Median comp | €354,500 | €3,190 | 13.0% | 75 | 56 |
Buy-and-hold With a fair value of €153,681, the current listing price of €330,000 reflects a significant premium, indicating that the property is not ideal for a long-term buy-and-hold investment strategy. Additionally, a gross yield of 3.9% does not justify the overpricing in today's market dynamics. Family rental While the property could appeal to families seeking suburban living near Lisbon, the 53.4% gap between its listing price and fair value suggests it is overpriced relative to potential rental returns. The current condition score of 79/100 may attract tenants, but it does not compensate for such a substantial price overvaluation. Long-term rental Given the community’s mixed neighbourhood rating of 58/100, investing in long-term rentals here is risky due to the existing overpricing of the property at €330,000. Despite proximity to Lisbon and decent living conditions, the yield of 3.9% does not present a feasible opportunity for sustainable long-term rental income at this price. Not ideal for: Luxury market, Short-term vacation rental, Student housing The property’s pricing is misaligned with the demand profiles for luxury or short-term rentals, making it a poor candidate for such strategies in the current market landscape. Furthermore, the suburban location and tenant quality do not favor student housing, further indicating the misstep in its current valuation.
Economic Vulnerability With an economic stability score of 55/100, the property faces increased risk of market fluctuations which could negatively affect rental income and property value.