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 96 m², built in 1994. Located São Francisco parish, Alcochete municipality, Setúbal district. Noteworthy Features: The apartment includes two balconies offering unobstructed views, enhancing outdoor space and natural light for the living areas, ideal for relaxation and enjoyment.
The valuation. The asking price of €290,000 is significantly above the fair value of €138,527, making it overpriced by €151,473 or 52.2%. This discrepancy suggests potential investor caution. Buy-to-flip angle. Given the condition score of 65/100 and basic design elements, the property may require renovations. A buy-and-flip strategy could aim for an improved resale after cosmetic upgrades. Buy-to-let angle. With an estimated gross yield of 3.6% and monthly income around €870, this property presents a long-term rental opportunity. However, the mixed residential appeal of the neighborhood may impact demand.
Fair value modelled at €138,527 from the area baseline, adjusted for condition and location. Asking €290,000 sits €151,473 (52.2%) above — overpriced versus fair value.
Asking €290,000 versus the São Francisco, Alcochete, Setúbal area baseline of €152,448 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 62 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 53/100 (Housing Market 50 · Amenities 55 · Economic 55 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline.
São Francisco, Alcochete, Setúbal
Area baseline €152,448 + condition -€15,750 + location +€1,829 = modelled fair value of €138,527 (€1,443/m²), a €151,473 (52.2%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Francisco · 893606 | Subject | €290,000 | €3,021 | — | 62 | 53 |
| rua das Forças Armadas S / N | Active | €240,000 | €2,667 | 11.7% | 65 | 59 |
| Montijo e Afonsoeiro · 65a82d | Active | €260,000 | €2,889 | 4.4% | 75 | 55 |
| rua Luís Afonso | Active | €230,000 | €3,151 | 4.3% | 65 | 54 |
| rua Helder António | Active | €139,000 | €2,482 | 17.8% | — | 63 |
| Median comp | €235,000 | €2,778 | 8.0% | 65 | 57 |
Long-term rental Given the property's fair value is set at €138,527, the current listing at €290,000 reflects a significant gap of 52.2%, indicating that this 2-bed apartment is overpriced. Moreover, with a yield of only 3.6% gross and a neighborhood rating of 53/100, the property does not present an attractive long-term rental opportunity. Buy-and-hold The buy-and-hold strategy is not advisable for this property due to its substantial pricing above fair value, leaving little room for appreciation in line with local market performance. Additionally, with a condition score of 65/100 and a moderate urban environment, the investment potential appears limited and risky over the long term.
Economic Vulnerability The property is at risk due to a low economic stability score of 55/100, indicating potential problems in the local economy that could affect property values or rental income. Tenant Instability With a tenant stability score of only 50/100, there is a heightened risk of turnover and vacancy, which may lead to inconsistent cash flow and increased costs.