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 house of 140 m², built in 1978, energy rating E. Located on avenida Vale de Milhaços, Corroios parish, Seixal municipality, Setúbal district. This property features a functional attic with conversion potential and a garage that can be transformed into a residential annex, offering additional income opportunities.
The valuation. The asking price of €400,000 is significantly above the fair value of €219,396, leading to an overpriced verdict of €180,604 (45.2%). This places the property in a challenging position for value-seeking buyers.
Fair value modelled at €219,396 from the area baseline, adjusted for condition and location. Asking €400,000 sits €180,604 (45.2%) above — overpriced versus fair value.
Asking €400,000 versus the avenida Vale de Milhaços area baseline of €222,320 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 60 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
avenida Vale de Milhaços
Area baseline €222,320 + condition -€25,156 + location +€22,232 = modelled fair value of €219,396 (€1,567/m²), a €180,604 (45.2%) gap versus the €400,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Vale de Milhaços | Subject | €400,000 | €2,857 | — | 60 | 75 |
| Corroios · 0dd006 | Active | €400,000 | €4,000 | 40.0% | 72 | 82 |
| Corroios · b4542d | Active | €560,000 | €3,394 | 18.8% | 75 | 73 |
| rua Petrónio Amor de Barros | Active | €795,000 | €5,977 | 109.2% | 72 | 71 |
| Charneca de Caparica e Sobreda · 96c6c2 | Active | €669,000 | €3,737 | 30.8% | 80 | 75 |
| Median comp | €614,500 | €3,869 | 35.4% | 74 | 74 |
Long-term rental The 2-bed house in Corroios is priced at €400,000, which is 45.2% above its fair value of €219,396, indicating a significant overpricing. With a gross yield of only 3.1%, it suggests limited income potential relative to the investment cost. Buy-and-hold Acquiring this property as a buy-and-hold investment in Corroios seems challenging, given its substantial gap from fair value and a yield that fails to justify the expense. The current pricing limits potential appreciation and long-term financial gains in a competitive market. Family rental While the neighborhood offers decent amenities and housing quality, the high listing price makes this property a less viable option for catering to family rentals. The yield of 3.1% does not align with the investment required, which could deter families looking for affordable and quality housing options.
Tenant turnover risk: With a tenant stability score of 75/100, there is a moderate risk of tenant turnover that could impact rental income.
