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 80 m², built in 1981. Located on praceta Cidade do Montijo, Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: The property showcases substantial ongoing renovation work, with exposed walls and flooring indicating a potential for customization tailored to personal taste and design preferences.
The valuation. The asking price of €350,000 is significantly above the fair value of €115,838, exceeding it by €234,162 or 66.9%. This property is clearly overpriced.
Fair value modelled at €103,926 from the area baseline, adjusted for condition and location. Asking €350,000 sits €246,074 (70.3%) above — overpriced versus fair value.
Asking €350,000 versus the praceta Cidade do Montijo area baseline of €127,040 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 44/100 (Condition 35 · Materials 50 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 82/100 (Housing Market 85 · Amenities 90 · Economic 85 · Tenant Quality 78). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
praceta Cidade do Montijo
Area baseline €127,040 + condition -€39,375 + location +€16,261 = modelled fair value of €103,926 (€1,299/m²), a €246,074 (70.3%) gap versus the €350,000 asking price.
Long-term rental The property in Corroios is overpriced at €350,000, with a fair value of only €115,838, suggesting a significant gap of 66.9%. With a gross yield of just 2.7% and a condition score of 44/100, this investment lacks the financial viability needed for long-term rental profitability. Short-term vacation rental At €350,000, the Corroios apartment is overpriced compared to its fair value of €115,838, reflecting a 66.9% disparity. The limited yield of 2.7% and a modest condition rating make it an unfavorable choice for short-term vacation rentals in the current market. Family rental The Corroios property is priced at €350,000, far exceeding its fair value of €115,838 and indicating a 66.9% overvaluation. While the neighborhood rating of 82/100 may attract families, the gross yield of only 2.7% and poor condition score raise concerns about its suitability for family rental investment.
Economic downturn risk The economic stability score of 85/100 suggests a strong economy, but the tenant stability score of 78/100 indicates potential weaknesses in long-term tenant retention, which could lead to increased vacancies during economic fluctuations.
