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, built in 1996, energy rating D. Located Alcochete parish, Alcochete municipality, Setúbal district. Noteworthy Features: This apartment boasts a private storage room and multiple balconies that enhance outdoor living and provide stunning river and city views from the 4th floor.
The valuation. The asking price of €346,000 is significantly higher than the fair value of €164,650, resulting in an inflated valuation of €181,350 (52.4%). This property is considered overpriced given the disparity between its market asking and fair value. Buy-to-flip angle. The resale strategy would involve making cosmetic updates to capitalize on the location's appeal, after which the apartment could be marketed at a higher price point to attract buyers looking for modern housing in Alcochete. Buy-to-let angle. The rental income strategy focuses on generating a gross yield of 3.8%, which translates to approximately €1,096 per month, optimizing long-term cash flow in a semi-rural market with lower crime rates and a family-oriented rental demographic.
Fair value modelled at €164,650 from the area baseline, adjusted for condition and location. Asking €346,000 sits €181,350 (52.4%) above — overpriced versus fair value.
Asking €346,000 versus the Alcochete, Alcochete, Setúbal area baseline of €166,740 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 70 · Materials 74 · Room dimensions 73). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 54/100 (Housing Market 55 · Amenities 55 · Economic 50 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Alcochete, Alcochete, Setúbal
Area baseline €166,740 + condition -€4,758 + location +€2,668 = modelled fair value of €164,650 (€1,568/m²), a €181,350 (52.4%) gap versus the €346,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcochete · ba5ab2 | Subject | €346,000 | €3,295 | — | 70 | 54 |
| rua Estevão Rodrigues | Active | €370,000 | €3,190 | 3.2% | 72 | 57 |
| rua Estevão Rodrigues | Active | €370,000 | €3,190 | 3.2% | 75 | 55 |
| avenida da Revolução | Active | €330,000 | €3,300 | 0.1% | 70 | 58 |
| Alcochete · 4bbd94 | Active | €175,000 | €2,778 | 15.7% | 65 | 49 |
| Median comp | €350,000 | €3,190 | 3.2% | 71 | 56 |
Long-term rental This 3-bed apartment in Alcochete is overpriced at €346,000, which is significantly above the fair value of €164,650, indicating a gap of 52.4%. With a gross yield of only 3.8% and a neighbourhood rating of 54/100, the potential return on investment does not justify the current listing price. Buy-and-hold Investing in this property for long-term appreciation is not recommended as it is currently priced well above its fair value, limiting the possibility for robust capital growth. The apartment's condition score of 72/100, combined with low local tenant quality, further diminishes its appeal for a long-term hold strategy. Family rental Although a family may consider renting this apartment, the overwhelming pricing of €346,000 compared to the fair value suggests a risk of costly tenant turnover and vacancy. Additionally, with a lower neighborhood score and limited amenities, future renters may seek more competitive options in nearby areas. Not ideal for Short-term vacation rental, Luxury market, Student housing.
Low tenant retention risk With a tenant stability score of 55/100, this property may face challenges in retaining reliable renters, potentially affecting rental income stability.
