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.
2-bedroom, 1-bathroom apartment of 150 m², built in 1981. Located on avenida Vale de Milhaços S / N, Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: The apartment features an attic with high ceilings, providing excellent potential for converting into a duplex with additional living spaces, and includes a closed garage with plumbing for versatile use.
The valuation. The asking price of €400,000 is significantly above the fair value of €242,536, indicating an overvaluation of €157,464 (39.4%). This price discrepancy marks the property as overpriced in the current market.
Fair value modelled at €242,536 from the area baseline, adjusted for condition and location. Asking €400,000 sits €157,464 (39.4%) above — overpriced versus fair value.
Asking €400,000 versus the avenida Vale de Milhaços S / N area baseline of €238,200 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 60 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
avenida Vale de Milhaços S / N
Area baseline €238,200 + condition -€17,578 + location +€21,914 = modelled fair value of €242,536 (€1,617/m²), a €157,464 (39.4%) gap versus the €400,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Vale de Milhaços S / N | Subject | €400,000 | €2,667 | — | 70 | 73 |
| Corroios · 6d5338 | Active | €369,900 | €2,983 | 11.9% | 72 | 71 |
| Amora · 93747a | Active | €240,000 | €3,429 | 28.6% | 70 | 77 |
| rua de Binta, 12 | Active | €230,000 | €3,833 | 43.8% | — | 77 |
| rua Joaquim Valentim Correia, 16 | Active | €350,000 | €3,241 | 21.5% | 76 | 75 |
| Median comp | €295,000 | €3,335 | 25.1% | 72 | 76 |
Long-term rental The 2-bed apartment in Corroios is overpriced at €400,000 compared to a calculated fair value of €242,536, reflecting a 39.4% gap. This limits potential for long-term rental yields, which stand at a mere 2.6% gross, indicating a less attractive investment environment. Family rental Despite the property's good neighborhood score of 73/100, the price point of €400,000 outweighs the fair value of €242,536, rendering it overpriced. With the current yield of 2.6% gross, it may not adequately attract family tenants who are generally sensitive to price relative to value. Buy-and-hold Investing in this 2-bed apartment as a buy-and-hold strategy poses challenges due to its overpriced status at €400,000 versus a fair value of €242,536. The modest yield of 2.6% gross further suggests that this property may not provide the necessary return on investment over the long term.
Economic Volatility Risk The economic stability score of 70/100 indicates potential fluctuations in the local economy that could impact property values and rental income.
