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 138 m², built in 2002, energy rating E. Located on rua Bernardo Santareno, 15, Moita parish, Moita municipality, Setúbal district. Noteworthy Features: This apartment includes a spacious 20 m² private storage room, enhancing rental appeal with added convenience for tenants' belongings.
The valuation. The asking price of €298,000 sits €62,384 (20.9%) above the fair value of €235,616, indicating the property is overpriced. This discrepancy suggests a potential challenge for investors hoping to enter at this asking price.
Fair value modelled at €235,616 from the area baseline, adjusted for condition and location. Asking €298,000 sits €62,384 (20.9%) above — overpriced versus fair value.
Asking €298,000 versus the rua Bernardo Santareno, 15 area baseline of €338,376 (€2,452/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 75 · Materials 85 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 56/100 (Housing Market 60 · Amenities 50 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Bernardo Santareno, 15
Area baseline €338,376 + condition +€11,213 + location +€5,259 = modelled fair value of €235,616 (€1,707/m²), a €62,384 (20.9%) gap versus the €298,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Bernardo Santareno, 15 | Subject | €298,000 | €2,159 | — | 75 | 56 |
| Alhos Vedros · 25f4c2 | Active | €319,000 | €2,398 | 11.1% | 72 | 65 |
| rua Vasco Santana, 48 | Active | €285,000 | €3,239 | 50.0% | 80 | 58 |
| rua Fernando Pessoa, 42 | Active | €264,990 | €2,789 | 29.2% | 73 | 60 |
| Moita · 0237ca | Active | €275,000 | €3,438 | 59.2% | 74 | 51 |
| Median comp | €280,000 | €3,014 | 39.6% | 74 | 59 |
Long-term rental The property currently offers a gross yield of 3.8%, which is not particularly attractive given its pricing of €298,000 versus a fair value of €235,616. The suburban location may shield it from some rental demand due to the blend of urban and semi-rural surroundings, impacting its desirability for long-term tenants. Value-add renovation Given the condition score of 80/100, potential renovations could enhance the apartment's appeal, but the current price point, which is 20.9% above its fair value, makes such improvements less financially viable. The investment required to elevate the property’s status may not justify the gap in price, especially in a neighbourhood rated only 56/100. Family rental While the property’s size and layout could suit families, the overly high listing price prevents it from being an attractive option in the family rental market. Combined with a neighbourhood score of 56/100, the property is unlikely to draw the necessary interest from families seeking value in their living arrangements.
Economic and Tenant Instability Risk The economic stability score of 50/100 indicates potential vulnerability to economic downturns, while a tenant stability score of 60/100 suggests that tenant turnover could lead to increased vacancy and uncertainty in rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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