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, 3-bathroom penthouse of 255 m², built in 2018, energy rating A+. Located Alcochete parish, Alcochete municipality, Setúbal district. Noteworthy Features: This penthouse offers unparalleled tranquility with direct river access from the balconies, complemented by exclusive condominium amenities like a spa and both indoor and outdoor pools.
The valuation. The asking price of €1,050,000 is significantly above the fair value of €436,815, representing an overpricing of €613,185 (58.4%). Buy-to-flip angle. A buy-to-flip strategy may prove challenging, as current market conditions and the inflated asking price could hinder profitable resale. Buy-to-let angle. The property could generate a gross rental income of approximately €2,537 per month, yielding an estimated 2.9%, which is relatively low in the current market context.
Fair value modelled at €436,815 from the area baseline, adjusted for condition and location. Asking €1,050,000 sits €613,185 (58.4%) above — overpriced versus fair value.
Asking €1,050,000 versus the Alcochete, Alcochete, Setúbal area baseline of €404,940 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 85 · Materials 88 · Room dimensions 82). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 50/100 (Housing Market 50 · Amenities 50 · Economic 60 · Tenant Quality 40). Strong amenities and housing-market momentum support a premium to baseline.
Alcochete, Alcochete, Setúbal
Area baseline €404,940 + condition +€31,875 + location +€0 = modelled fair value of €436,815 (€1,713/m²), a €613,185 (58.4%) gap versus the €1,050,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcochete · 4a7eab | Subject | €1,050,000 | €4,118 | — | 85 | 50 |
| Alcochete · 1e6082 | Active | €1,050,000 | €5,966 | 44.9% | 88 | 62 |
| alameda dos Moinhos | Active | €450,000 | €2,761 | 33.0% | 80 | 58 |
| Alcochete · 262086 | Active | €1,400,000 | €4,167 | 1.2% | 82 | 61 |
| Montijo e Afonsoeiro · 937416 | Active | €445,000 | €2,853 | 30.7% | 79 | 55 |
| Median comp | €750,000 | €3,510 | 14.8% | 81 | 60 |
Long-term rental The 4-bed penthouse in Alcochete is overpriced, with a fair value of €436,815 contrasted against the listing price of €1,050,000, indicating a significant 58.4% gap. With a gross yield of just 2.9% and a neighbourhood rating of 50/100, this investment may not attract quality tenants, making it an unsuitable choice for long-term rental strategies. Buy-and-hold Despite the property's attractive size and condition rating of 85/100, the significant overpricing at a fair value of €436,815 suggests that long-term appreciation may not materialize as expected. The weak neighbourhood score of 50/100 further diminishes its potential as a buy-and-hold investment, rendering it a less compelling choice in this market.
Tenant turnover risk: With a tenant stability score of 40/100, there is a high likelihood of frequent tenant turnover, which could lead to increased vacancy rates and loss of rental income.
