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.
3-bedroom, 3-bathroom house of 170 m², built in 1980, energy rating D. Located Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: This property boasts excellent solar exposure and a completely unobstructed view, making it an ideal candidate for renovation with stunning potential. Additional Context: Set on a generous 323 m² plot, its versatility allows for significant customization, including the possibility of expanding from T3 + 4 to T7 or more.
The valuation. The asking price of €511,500 sits significantly above the fair value of €192,444, making it overpriced by €319,056 (62.4%). This discrepancy indicates a poor investment opportunity at the current listing price.
Fair value modelled at €192,444 from the area baseline, adjusted for condition and location. Asking €511,500 sits €319,056 (62.4%) above — overpriced versus fair value.
Asking €511,500 versus the Corroios, Seixal, Setúbal area baseline of €269,960 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 39/100 (Condition 35 · Materials 40 · Room dimensions 42). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 68/100 (Housing Market 70 · Amenities 65 · Economic 72 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Corroios, Seixal, Setúbal
Area baseline €269,960 + condition -€96,953 + location +€19,437 = modelled fair value of €192,444 (€1,132/m²), a €319,056 (62.4%) gap versus the €511,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Corroios · 1e6311 | Subject | €511,500 | €3,009 | — | 35 | 68 |
| rua António Gedeão | Active | €705,000 | €3,983 | 32.4% | — | 71 |
| Corroios · f35dfc | Active | €225,000 | €2,744 | 8.8% | 64 | 69 |
| rua dos Prazeres | Active | €400,000 | €2,985 | 0.8% | 35 | 73 |
| rua João das Regras S / N | Active | €440,000 | €2,821 | 6.3% | 60 | 72 |
| Median comp | €420,000 | €2,903 | 3.5% | 60 | 72 |
Long-term rental The property offers a gross yield of only 3.8% while being priced at €511,500, significantly above its fair value of €192,444, indicating it is overpriced. Given the condition rating of 39/100, potential long-term rental income may not justify this inflated price. Buy-and-hold With a gap of 62.4% from fair value, the investment in this property does not align with the buy-and-hold strategy, as it is overpriced at €511,500. The lack of significant appreciation potential coupled with the property's low condition rating further discourages this strategy. Family rental Although the neighborhood has a decent score of 68/100, the property's pricing at €511,500 is not aligned with the fair value, indicating it is overpriced. Families may seek better value options given the property's condition score of 39/100, which could deter long-term tenants from committing to a higher rent. Not ideal for luxury market The property is overpriced compared to its fair value, making it unsuitable for the luxury market segment. Potential buyers in this segment typically expect higher quality and amenities, which this property lacks. Not ideal for student housing With a gross yield of only 3.8% on a property priced at €511,500, this investment does not align with the expected returns for student housing in the area. The property's poor condition and high price point would likely deter student renters seeking affordable accommodations. Not ideal for short-term vacation rental At €511,500, the property is priced significantly above its fair value, making it overpriced for a short-term vacation rental strategy. The current condition of 39/100 suggests that it would require substantial investment to meet the standards expected by vacation renters.
Tenant turnover risk The tenant stability score of 65/100 indicates a moderate risk of high tenant turnover, which could lead to increased vacancy rates and associated costs.
