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, 2-bathroom apartment of 109 m², built in 1984, energy rating C. Located on rua Alves Redol, 5, Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: This apartment boasts a suite in the transformed layout, enhancing privacy while retaining generous living space for both comfort and style. Localização: A suite nesta disposição transformada melhora a privacidade enquanto mantém uma generosa área útil para conforto e estilo.
The valuation. The asking price of €365,000 sits significantly above fair value, which is assessed at €199,609, implying an overpricing of €165,391 (45.3%). This discrepancy signals a cautionary note for potential investors.
Fair value modelled at €199,609 from the area baseline, adjusted for condition and location. Asking €365,000 sits €165,391 (45.3%) above — overpriced versus fair value.
Asking €365,000 versus the rua Alves Redol, 5 area baseline of €173,092 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 78 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 80 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Alves Redol, 5
Area baseline €173,092 + condition +€8,516 + location +€18,002 = modelled fair value of €199,609 (€1,831/m²), a €165,391 (45.3%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Alves Redol, 5 | Subject | €365,000 | €3,349 | — | 78 | 76 |
| rua das Camélias S / N | Active | €299,900 | €2,829 | 15.5% | 78 | 74 |
| rua Alves Redol | Active | €295,000 | €3,688 | 10.1% | 80 | 74 |
| rua José Gomes Ferreira, 10 | Active | €395,000 | €4,341 | 29.6% | 72 | 79 |
| Corroios · b45351 | Active | €280,000 | €3,333 | 0.5% | 80 | 76 |
| Median comp | €297,450 | €3,511 | 4.8% | 79 | 75 |
Long-term rental Given the current listing price of €365,000, which is 45.3% above the fair value of €199,609, the potential for long-term rental income is diminished by the high capital outlay compared to the 2.7% gross yield. Investors should reconsider this opportunity as the property does not align with favorable investment criteria. Family rental With a family-oriented neighborhood score of 76/100, the property could appeal to families seeking long-term residences; however, the significant price markup limits attractiveness. At a listing price of €365,000 — well above the fair value — the investment may not yield the expected long-term benefits. Buy-and-hold The buy-and-hold strategy may seem viable due to the good condition (80/100) and accessibility to Lisbon, yet the property’s purchase price at €365,000 is excessively high compared to its fair value of €199,609. Consequently, the projected returns over time are vulnerable given the initial overvaluation of 45.3%. Not ideal for luxury market The property is not positioned within the luxury market segment, and its listing price of €365,000 reflects inflated expectations. This limits its desirability among high-net-worth buyers searching for premium options. Not ideal for short-term vacation rental Due to the suburban setting and high asking price, which does not provide a competitive edge, this property is not suitable for short-term vacation rentals. The significant gap from fair value suggests limited short-term rental attractiveness in this market. Not ideal for student housing The property lacks proximity to major universities, compounded by its overpriced listing at €365,000, rendering it a less practical choice for student rentals. Investors may find better opportunities in areas closer to educational institutions that also offer better value.
Tenant turnover risk With a tenant stability score of 70/100, there is a heightened risk of turnover, potentially leading to increased vacancy rates and associated costs.
