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 116 m², built in 1998, energy rating D. Located on rua Estevão Rodrigues, Alcochete parish, Alcochete municipality, Setúbal district. Noteworthy Features: The living room features a cozy fireplace, enhancing the apartment's warmth and charm, while large windows frame captivating river views that add to the serene ambiance.
The valuation. The asking price of €370,000 is significantly above the fair value of €189,910, indicating an overvaluation by €180,090 (48.7%). This price positioning suggests that the property does not present a sound investment opportunity.
Fair value modelled at €189,910 from the area baseline, adjusted for condition and location. Asking €370,000 sits €180,090 (48.7%) above — overpriced versus fair value.
Asking €370,000 versus the rua Estevão Rodrigues area baseline of €352,292 (€3,037/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 57/100 (Housing Market 50 · Amenities 50 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Estevão Rodrigues
Area baseline €352,292 + condition +€544 + location +€5,158 = modelled fair value of €189,910 (€1,637/m²), a €180,090 (48.7%) gap versus the €370,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Estevão Rodrigues | Subject | €370,000 | €3,190 | — | 72 | 57 |
| Alcochete · ba5ab2 | Active | €346,000 | €3,295 | 3.3% | 70 | 54 |
| avenida da Revolução | Active | €330,000 | €3,300 | 3.5% | 70 | 58 |
| Alcochete · 4bbd94 | Active | €175,000 | €2,778 | 12.9% | 65 | 49 |
| rua Ruy de Sousa Vinagre, 24R | Active | €330,000 | €3,667 | 15.0% | 75 | 58 |
| Median comp | €330,000 | €3,298 | 3.4% | 70 | 56 |
Long-term rental The 3-bed apartment in Alcochete is overpriced at €370,000, with a fair value of only €189,910, indicating a significant gap of 48.7%. This price does not align with the apartment's 3.9% gross yield and the neighbourhood's average rating of 57/100, which may deter long-term tenants. Commuter rental Although the property has potential as a commuter location to Lisbon, its current Listing price of €370,000 greatly exceeds the fair value of €189,910, suggesting it is overpriced by 48.7%. The 3.9% gross yield does not compensate for the inflated price in a neighbourhood rated 57/100, making it a less attractive option for commuter rentals.
Economic Dependency Risk With an economic stability score of 60/100, the property may face challenges due to reliance on a potentially volatile local economy, which could affect tenant retention and rental income. Tenant Turnover Risk A tenant stability score of 60/100 suggests a moderate risk of tenant turnover, which could increase vacancy rates and associated costs for the property owner.
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