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 105 m², energy rating D. Located on rua Cidade de Tete, Corroios parish, Seixal municipality, Setúbal district. Location advantage: This apartment is strategically located just 5 minutes from the train station, offering quick access to Lisbon and surrounding areas, enhancing its appeal for commuters.
The valuation. The asking price of €295,000 is significantly above the fair value of €189,877, with an overpricing gap of €105,123 (35.6%). This property is overpriced in the current market conditions.
Fair value modelled at €189,877 from the area baseline, adjusted for condition and location. Asking €295,000 sits €105,123 (35.6%) above — overpriced versus fair value.
Asking €295,000 versus the rua Cidade de Tete area baseline of €316,890 (€3,018/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 73 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 81/100 (Housing Market 85 · Amenities 85 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Cidade de Tete
Area baseline €316,890 + condition +€2,461 + location +€20,676 = modelled fair value of €189,877 (€1,808/m²), a €105,123 (35.6%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cidade de Tete | Subject | €295,000 | €2,810 | — | 73 | 81 |
| Corroios · 25f8cb | Active | €335,000 | €3,526 | 25.5% | 72 | 78 |
| Corroios · 001988 | Active | €279,000 | €2,876 | 2.4% | 70 | 74 |
| Corroios · 25f736 | Active | €320,000 | €2,909 | 3.5% | 85 | 76 |
| rua das Flores | Active | €335,000 | €3,526 | 25.5% | 72 | 77 |
| Median comp | €327,500 | €3,218 | 14.5% | 72 | 77 |
Long-term rental The property in Corroios is currently overpriced at €295,000, with a substantial fair value gap of 35.6%. With a gross yield of only 3.5%, the financial metrics do not justify the investment at this price point, given the risks involved in long-term commitments. Family rental Investing in this 3-bed apartment for family rental is not advisable due to its overpriced status, where the fair value is significantly lower than the listing price. The property offers reasonable condition and neighborhood ratings, but these factors do not compensate for the high asking price. Buy-and-hold Considering a buy-and-hold strategy for this property may be unwise, as it is overpriced by 35.6% relative to its fair market value of €189,877. The long-term appreciation potential is compromised by the current pricing, limiting profitability over time.
Tenant turnover risk High tenant turnover could lead to increased vacancy rates due to the tenant stability score of 75/100, which indicates a potential instability in retaining tenants over time.
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