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, 3-bathroom penthouse of 336 m², energy rating B. Located Alcochete parish, Alcochete municipality, Setúbal district. Noteworthy Features: The penthouse includes a private rooftop terrace with a jacuzzi, ideal for entertaining while enjoying unobstructed 180-degree views of the Tagus River. Amenities: Access to luxurious resort facilities including a spa and infinity pool.
The valuation. The asking price of €1,400,000 significantly exceeds the fair value of €599,045, creating a discrepancy of €800,955 (57.2%). This property is considered overpriced in the current market context.
Fair value modelled at €599,045 from the area baseline, adjusted for condition and location. Asking €1,400,000 sits €800,955 (57.2%) above — overpriced versus fair value.
Asking €1,400,000 versus the Alcochete, Alcochete, Setúbal area baseline of €533,568 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 82 · Materials 88 · Room dimensions 84). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 61/100 (Housing Market 55 · Amenities 60 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Alcochete, Alcochete, Setúbal
Area baseline €533,568 + condition +€42,000 + location +€23,477 = modelled fair value of €599,045 (€1,783/m²), a €800,955 (57.2%) gap versus the €1,400,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcochete · 262086 | Subject | €1,400,000 | €4,167 | — | 82 | 61 |
| Alcochete · 25f471 | Active | €545,000 | €2,739 | 34.3% | 72 | 54 |
| Alcochete · 1e6082 | Active | €1,050,000 | €5,966 | 43.2% | 88 | 62 |
| Alcochete · 99f20d | Active | €560,000 | €5,333 | 28.0% | 80 | 52 |
| Montijo e Afonsoeiro · 937416 | Active | €445,000 | €2,853 | 31.5% | 79 | 55 |
| Median comp | €552,500 | €4,093 | 1.8% | 80 | 55 |
Long-term rental The property presents no yield potential, highlighting its overvaluation with a significant gap of 57.2% from fair value. The suburban Setúbal location and average neighborhood rating suggest limited demand for long-term leases, making this investment less appealing. Family rental At a listing price of €1,400,000, this penthouse exceeds fair value by a substantial margin, indicating that it is overpriced. The combination of limited amenities and average neighborhood ratings could deter families seeking rental options, resulting in poor occupancy rates. Buy-and-hold This property is overpriced, with a fair value of €599,045 that underscores its lack of investment appeal. Holding an asset in a neighborhood with mediocre ratings may yield stagnant asset appreciation and pose a risk to long-term capital growth.
Economic and Tenant Stability Risk The property has both economic and tenant stability scores at 65/100, indicating potential vulnerabilities in maintaining steady income and occupancy levels due to moderate market conditions.
