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, 2-bathroom apartment of 80 m², built in 1984, energy rating C. Located on rua Alves Redol, Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: The apartment includes a spacious storage room, enhancing organization, and is situated in a tranquil area with excellent access to schools and public transport, ensuring convenience for families.
The valuation. The asking price of €295,000 is significantly above the fair value of €148,611, representing a 49.6% premium. This property is clearly overpriced. Buy-to-flip angle. A potential resale strategy could capitalize on the high-quality finishes, targeting buyers willing to pay a premium for modern living space. Renovations could enhance perceived value and expedite sale. Buy-to-let angle. With an estimated rental income of €1,057/month, the gross yield stands at 4.3%, making it suitable for long-term investment. The family rental strategy is promising given the residential environment and proximity to Lisbon.
Fair value modelled at €148,611 from the area baseline, adjusted for condition and location. Asking €295,000 sits €146,389 (49.6%) above — overpriced versus fair value.
Asking €295,000 versus the rua Alves Redol area baseline of €127,040 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 75 · Amenities 70 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Alves Redol
Area baseline €127,040 + condition +€9,375 + location +€12,196 = modelled fair value of €148,611 (€1,858/m²), a €146,389 (49.6%) gap versus the €295,000 asking price.
Long-term rental The current listing price of €295,000 is significantly above the fair value of €148,611, indicating the property is overpriced by 49.6%. While the 4.3% gross yield suggests potential for long-term rental income, the inflated price limits profitability. Buy-and-hold Holding this property at a listing price of €295,000, which is 49.6% over the fair value of €148,611, presents substantial capital risk. Although the suburban location may offer stability, the high initial investment could hinder long-term appreciation prospects. Family rental With a fair value of €148,611 contrasted against the €295,000 listing price indicating 49.6% overpricing, the property may not attract families seeking affordable rental options. The decent condition and score suggest livability, but the premium price could limit market appeal for family rentals.
Tenant turnover risk With a tenant stability score of 70/100, there is a moderate risk of turnover that could lead to increased vacancy and potential loss of income.
