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 120 m², energy rating E. Located on rua Cidade de Coimbra, Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: The apartment offers enclosed balconies that enhance usable space and allow for year-round enjoyment of natural light, making it ideal for relaxation or as a home office. Location Benefits: Positioned in Corroios, it provides easy access to public transport and essential amenities within a vibrant community atmosphere.
The valuation. The asking price of €315,000 is significantly above the fair value of €210,916, representing an overvaluation of €104,084 (33.0%). This discrepancy suggests the property is overpriced. Buy-to-flip angle. A buy-to-flip strategy could involve renovations focused on enhancing the apartment’s appeal, with the goal of reselling at a higher price after the market has improved. This strategy might face challenges given the current overpricing. Buy-to-let angle. The estimated monthly rental income of €971 offers a gross yield of 3.7%, making it a potential option for long-term rental investors, targeting families looking for quality finishes in proximity to Lisbon’s amenities.
Fair value modelled at €210,916 from the area baseline, adjusted for condition and location. Asking €315,000 sits €104,084 (33.0%) above — overpriced versus fair value.
Asking €315,000 versus the rua Cidade de Coimbra area baseline of €190,560 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Cidade de Coimbra
Area baseline €190,560 + condition +€2,062 + location +€18,294 = modelled fair value of €210,916 (€1,758/m²), a €104,084 (33.0%) gap versus the €315,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cidade de Coimbra | Subject | €315,000 | €2,625 | — | 72 | 74 |
| rua Nicolau Tolentino | Active | €358,000 | €3,891 | 48.2% | 80 | 78 |
| Amora · 023909 | Active | €385,000 | €4,278 | 63.0% | 75 | 73 |
| rua Bernardo Santareno, 2 | Active | €269,990 | €3,649 | 39.0% | 78 | 75 |
| praceta João Azevedo | Active | €370,000 | €2,782 | 6.0% | 74 | 73 |
| Median comp | €364,000 | €3,770 | 43.6% | 77 | 74 |
Long-term rental Despite the attractive proximity to Lisbon, the apartment's current listing price of €315,000 exceeds its fair value of €210,916 by 33.0%, indicating it is overpriced. A gross yield of only 3.7% does not justify this elevated price point for long-term rental prospects. Buy-and-hold Investing in this property as a buy-and-hold strategy becomes less appealing due to its significant price gap from fair value, categorizing it as overpriced at €315,000. The anticipated modest return on investment, given the 3.7% yield, further complicates its attractiveness for long-term appreciation. Family rental While the Corroios area offers a range of amenities suitable for families, the price of €315,000 suggests that the property is overpriced compared to its fair value of €210,916. This overvaluation, combined with a yield of 3.7%, may deter potential renters looking for reasonable options in a family-friendly environment.
Tenant turnover risk: With a tenant stability score of 65/100, there is a heightened risk of frequent tenant turnover, potentially leading to increased vacancy periods and associated costs.
