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 apartment showcases significant renovation activity, with exposed walls hinting at the potential for customizable interior finishes tailored to your preferences.
The valuation. The asking price of €350,000 significantly exceeds the fair value of €103,926, representing an overvaluation of €246,074 (70.3%). This property is deemed overpriced according to market standards.
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 €241,440 (€3,018/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.
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.
praceta Cidade do Montijo
Area baseline €241,440 + 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.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Cidade do Montijo | Subject | €350,000 | €4,375 | — | 35 | 82 |
| Corroios · 99f290 | Active | €220,000 | €3,385 | 22.6% | 38 | 82 |
| rua das Flores, 14 | Active | €295,000 | €4,155 | 5.0% | 55 | 77 |
| avenida Luís de Camões | Active | €175,000 | €5,000 | 14.3% | 50 | 80 |
| rua Infante Dom Augusto | Active | €215,000 | €3,028 | 30.8% | 55 | 76 |
| Median comp | €217,500 | €3,770 | 13.8% | 53 | 79 |
Long-term rental The property is overpriced at €350,000, substantially exceeding its fair value of €103,926 by 70.3%. With a gross yield of only 2.7%, the potential return does not justify the high purchase price in the current market context. Short-term vacation rental At a listing price of €350,000, this 2-bed apartment is overpriced compared to its fair value of €103,926, posing a significant gap of 70.3%. The low yield of 2.7% further indicates that it may not be a lucrative option for short-term rental despite the neighbourhood's strengths. Family rental The current asking price of €350,000 for this apartment is considerably above its fair value of €103,926, highlighting a concerning 70.3% gap. With a gross yield of just 2.7%, families seeking rental properties in Corroios may find better value elsewhere, even in a well-rated neighbourhood.
Potential Tenant Turnover The tenant stability score of 78/100 suggests a moderate risk of tenant turnover, which could impact rental income if vacancies occur.**
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