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.
4-bedroom, 3-bathroom house of 244 m², built in 2007, energy rating C. Located Porto Covo parish, Sines municipality, Setúbal district. This property boasts traditional architecture with stunning exposed beams and arched ceilings, providing a unique aesthetic that complements its spacious layout and proximity to Praia Grande.
The valuation. The asking price of €1,100,000 is significantly above fair value, which is estimated at €383,767. This results in a discrepancy of €716,233, indicating the property is overpriced by 65.1%.
Fair value modelled at €383,767 from the area baseline, adjusted for condition and location. Asking €1,100,000 sits €716,233 (65.1%) above — overpriced versus fair value.
Asking €1,100,000 versus the Porto Covo, Sines, Setúbal area baseline of €685,152 (€2,808/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 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 39/100 (Housing Market 30 · Amenities 35 · Economic 30 · Tenant Quality 30). Softer demand indicators apply a discount to baseline.
Porto Covo, Sines, Setúbal
Area baseline €685,152 + condition +€13,344 + location -€17,049 = modelled fair value of €383,767 (€1,573/m²), a €716,233 (65.1%) gap versus the €1,100,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Porto Covo · 90d8c7 | Subject | €1,100,000 | €4,508 | — | 75 | 39 |
| Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra · 4bb8c0 | Active | €650,000 | €5,462 | 21.2% | 74 | 42 |
| Porto Covo · ba5b9e | Active | €850,000 | €5,667 | 25.7% | 80 | 40 |
| Sines · 893614 | Active | €520,000 | €2,653 | 41.2% | 72 | 42 |
| Sines · 96c0e9 | Active | €620,000 | €3,543 | 21.4% | 70 | 49 |
| Median comp | €635,000 | €4,503 | 0.1% | 73 | 42 |
Long-term rental The property in Porto Covo is overpriced at €1,100,000 compared to the fair value of €383,767, indicating a substantial gap of 65.1%. With a gross yield of only 4.2%, the investment fails to justify the high asking price, especially in a rural area with limited infrastructure. Buy-and-hold Investing in this property for a buy-and-hold strategy is unwise as it is significantly overpriced at €1,100,000, far exceeding the fair value of €383,767. The low yield of 4.2% and poor neighborhood score of 39/100 further diminish its potential for long-term value appreciation.
High vacancy risk With both economic and tenant stability scores at 30/100, the property may struggle to retain tenants, leading to increased vacancy rates and potential loss of rental income.
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