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.
5-bedroom, 2-bathroom house of 175 m², built in 1991, energy rating C. Located Sines parish, Sines municipality, Setúbal district. Noteworthy Features: This property includes an independent annex with its own entrance, offering significant income potential or privacy for guests, enhancing its value and versatility.
The valuation. The asking price of €620,000 exceeds the fair value of €256,281 by €363,719, representing an overvaluation of 58.7%. This indicates that the property is overpriced. Buy-to-flip angle. A potential buy-to-flip strategy would involve renovating some of the lower-grade bathroom fixtures and enhancing curb appeal to increase resale value. The goal would be to significantly mark up the asking price before re-listing. Buy-to-let angle. For a rental strategy, this property could generate an estimated gross yield of 4.2% at approximately €2,170 per month. Given the mixed neighborhood rating, vacancy rates may impact rental stability in the long term.
Fair value modelled at €256,281 from the area baseline, adjusted for condition and location. Asking €620,000 sits €363,719 (58.7%) above — overpriced versus fair value.
Asking €620,000 versus the Sines, Sines, Setúbal area baseline of €491,400 (€2,808/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 75 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 49/100 (Housing Market 40 · Amenities 50 · Economic 35 · Tenant Quality 45). Softer demand indicators apply a discount to baseline.
Sines, Sines, Setúbal
Area baseline €491,400 + condition -€20,508 + location -€1,112 = modelled fair value of €256,281 (€1,464/m²), a €363,719 (58.7%) gap versus the €620,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Sines · 96c0e9 | Subject | €620,000 | €3,543 | — | 70 | 49 |
| Sines · 893614 | Active | €520,000 | €2,653 | 25.1% | 72 | 42 |
| Sines · f365ab | Active | €300,000 | €2,857 | 19.4% | 75 | 48 |
| rua Miguel Bombarda | Active | €250,000 | €2,874 | 18.9% | 60 | 39 |
| Sines · 95681b | Active | €260,000 | €1,187 | 66.5% | — | 47 |
| Median comp | €280,000 | €2,755 | 22.2% | 72 | 45 |
Long-term rental The property is likely to experience limited tenant demand due to its location in a rural area of Alentejo, which is primarily focused on agricultural activity. With a fair value of €256,281 compared to the listing price of €620,000, the current pricing presents a significant gap of 58.7%, indicating that it is overpriced for long-term rental purposes. Buy-and-hold Investing in this property as a buy-and-hold strategy is less advisable given its condition score of 68/100 and neighbourhood rating of 49/100, which suggest subpar living conditions and amenities. The high listing price of €620,000 compared to its fair value of €256,281 signifies that holding this asset may yield inadequate returns, reinforcing the conclusion that it is overpriced.
Low Demand Risk The economic stability score of 35/100 suggests a weak market demand, which may lead to difficulty in attracting and retaining tenants, compounded by a tenant stability score of 45/100 indicating higher turnover rates.
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