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, 1-bathroom apartment of 73 m², energy rating E. Located on rua Bernardo Santareno, 2, Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: This apartment boasts double-glazed windows with tilt-and-turn functionality, enhancing energy efficiency and reducing noise, alongside modern electric shutters for added convenience. Additional Information: Located just steps from public transport and local amenities.
The valuation. The asking price of €269,990 is significantly above fair value, which sits at €128,907, indicating an overvaluation of €141,083 (52.3%). This property does not present a favorable buying opportunity. Buy-to-flip angle. A buy-to-flip strategy would require significant renovations to justify a higher resale value, but current market conditions suggest limited potential for quick profit with this property. Buy-to-let angle. The estimated rental income of €945/month yields a gross return of 4.2%, appealing for long-term rental in a mixed neighborhood with suburban safety, ideal for families.
Fair value modelled at €128,907 from the area baseline, adjusted for condition and location. Asking €269,990 sits €141,083 (52.3%) above — overpriced versus fair value.
Asking €269,990 versus the rua Bernardo Santareno, 2 area baseline of €221,774 (€3,038/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 74). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 78 · Economic 75 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
rua Bernardo Santareno, 2
Area baseline €221,774 + condition +€0 + location +€12,983 = modelled fair value of €128,907 (€1,766/m²), a €141,083 (52.3%) gap versus the €269,990 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Bernardo Santareno, 2 | Subject | €269,990 | €3,698 | — | 72 | 78 |
| rua Alves Redol, 9 | Active | €244,900 | €3,265 | 11.7% | 70 | 74 |
| rua Cidade de Coimbra | Active | €315,000 | €2,625 | 29.0% | 72 | 74 |
| rua de Brasília | Active | €220,000 | €3,014 | 18.5% | 80 | 69 |
| rua Nicolau Tolentino | Active | €358,000 | €3,891 | 5.2% | 80 | 78 |
| Median comp | €279,950 | €3,140 | 15.1% | 76 | 74 |
Family rental The 3-bed apartment in Corroios is priced at €269,990, significantly exceeding its fair value of €128,907, indicating a 52.3% gap. While the family rental market can be appealing due to local amenities, this property’s current valuation suggests it is overpriced for families seeking affordable housing options. Long-term rental With a gross yield of 4.2%, the property may initially seem attractive for long-term rental; however, its price of €269,990 greatly outstrips the fair value of €128,907. This misalignment indicates that prospective investors should approach this property with caution, as it remains overpriced compared to market expectations. Buy-and-hold The buy-and-hold strategy for this apartment in Corroios lacks appeal given its overvaluation at €269,990 when compared to a fair value of €128,907. The additional risk of decreased value due to its overpriced status makes it less favorable for long-term investment strategies in a suburban area exhibiting typical safety and services.
Economic Vulnerability A score of 75/100 in economic stability indicates potential fluctuations in local market conditions that could affect rent prices or property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
