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.
4-bedroom, 2-bathroom house of 172 m², built in 1978, energy rating E. Located on rua Primeiro de Dezembro, 4, Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: The property includes two exterior annexes, one equipped with a kitchen, providing versatile options for recreational use or additional living space. Potential Consideration: Ideal for buyers seeking a project with renovation potential and outdoor amenities.
The valuation. The asking price of €360,000 is €91,619 or 25.4% above fair value, which is set at €268,381. Thus, this property is considered overpriced and may deter potential buyers at this price point.
Fair value modelled at €268,381 from the area baseline, adjusted for condition and location. Asking €360,000 sits €91,619 (25.4%) above — overpriced versus fair value.
Asking €360,000 versus the rua Primeiro de Dezembro, 4 area baseline of €273,136 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 68 · Materials 62 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 65 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Primeiro de Dezembro, 4
Area baseline €273,136 + condition -€26,606 + location +€21,851 = modelled fair value of €268,381 (€1,560/m²), a €91,619 (25.4%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Primeiro de Dezembro, 4 | Subject | €360,000 | €2,093 | — | 68 | 70 |
| Charneca de Caparica e Sobreda · 82c826 | Active | €586,000 | €3,830 | 83.0% | 58 | 65 |
| Charneca de Caparica e Sobreda · 4bba75 | Active | €735,000 | €2,976 | 42.2% | 63 | 69 |
| rua da Beira Alta, 13 | Active | €450,000 | €2,941 | 40.5% | 70 | 74 |
| Charneca de Caparica e Sobreda · 6d526a | Active | €730,000 | €3,724 | 77.9% | 72 | 65 |
| Median comp | €658,000 | €3,350 | 60.1% | 67 | 67 |
Long-term rental The property is currently priced at €360,000, which is considerably above its fair value of €268,381, indicating it is overpriced by 25.4%. With a gross yield of 12.8% in a suburban context, investors might find the return attractive, but the purchase price raises concerns about profitability in the long run. Family rental Although catering to families may present a stable rental income opportunity, the high listing price of €360,000 far exceeds the fair value of €268,381, making the investment seem overpriced by 25.4%. Families often seek affordability and quality, which could be undermined by the notable gap between price and fair market value. Buy-and-hold While a buy-and-hold strategy appears appealing with a yield of 12.8%, the property’s listing at €360,000 signifies it is overpriced against a fair value of €268,381, a disparity of 25.4%. This pricing misalignment could hinder long-term returns, as the asset may not appreciate sufficiently to justify the initial investment. Not ideal for luxury market The current price point of €360,000 does not align with luxury market expectations, considering it is overpriced based on a fair value of €268,381. Buyers looking for premium options may overlook this property due to its inflated pricing. Not ideal for short-term vacation rental At a listing price of €360,000, which is 25.4% above its fair value of €268,381, this property does not fit well within the short-term vacation rental market. The high acquisition cost relative to expected income may deter potential investors in this sector.
Moderate economic and tenant instability With both economic stability and tenant stability scores at 70/100, there is a considerable risk of fluctuations in rental income and occupancy rates, potentially affecting cash flow and profitability.