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 country_estate of 150 m², energy rating C. Located Porto Covo parish, Sines municipality, Setúbal district. Noteworthy Features: The estate boasts a vast 39,500 m2 of lush land, ideal for cultivating organic gardens or creating private outdoor retreats surrounded by cork oaks and eucalyptus trees.
The valuation. The asking price of €850,000 is significantly above the fair value of €236,875, marking an overvaluation of €613,125 (72.1%). This indicates the property is overpriced in the current market. Buy-to-flip angle. The buy-to-flip strategy may not be feasible given the high asking price relative to market value, limiting potential profit margins upon resale. Renovations could enhance appeal, but the significant initial investment raises risks. Buy-to-let angle. With an estimated gross yield of 3.7% and potential monthly rental income around €2,621, the buy-to-let strategy hinges on maintaining occupancy in a mixed neighborhood. This could provide steady income, but market dynamics could impact rental demand.
Fair value modelled at €236,875 from the area baseline, adjusted for condition and location. Asking €850,000 sits €613,125 (72.1%) above — overpriced versus fair value.
Asking €850,000 versus the Porto Covo, Sines, Setúbal area baseline of €238,200 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 80 · Materials 75 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 40/100 (Housing Market 35 · Amenities 40 · Economic 30 · Tenant Quality 45). Softer demand indicators apply a discount to baseline.
Porto Covo, Sines, Setúbal
Area baseline €238,200 + condition +€8,203 + location -€9,528 = modelled fair value of €236,875 (€1,579/m²), a €613,125 (72.1%) gap versus the €850,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Porto Covo · ba5b9e | Subject | €850,000 | €5,667 | — | 80 | 40 |
| Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra · 4bb8c0 | Active | €650,000 | €5,462 | 3.6% | 74 | 42 |
| Porto Covo · 90d8c7 | Active | €1,100,000 | €4,508 | 20.4% | 75 | 39 |
| Cercal · 9375c5 | Active | €395,000 | €3,559 | 37.2% | — | 45 |
| rua Miguel Bombarda | Active | €250,000 | €2,874 | 49.3% | 60 | 39 |
| Median comp | €522,500 | €4,034 | 28.8% | 74 | 41 |
Long-term rental This property is overpriced at €850,000, significantly above its fair value of €236,875, representing a 72.1% gap. With a gross yield of only 3.7% and a neighbourhood score of 40/100, the long-term rental potential appears limited in attracting reliable tenants. Buy-and-hold As an investment for buy-and-hold strategy, this estate proves challenging given its current price point which is 72.1% above fair value. The low gross yield of 3.7% coupled with the rural location suggests that appreciation may not offset the overvaluation in the long run. Family rental The property, although spacious, is overpriced at €850,000 compared to a fair value of €236,875, presenting a gap of 72.1%. Families seeking rental options may be deterred by the current price and the neighbourhood's low score of 40/100, indicating potential challenges in tenant acquisition.
High vacancy risk With an economic stability score of 30/100 and a tenant stability score of 45/100, the property may face challenges in retaining tenants and attracting new ones, indicating a higher likelihood of prolonged vacancies.
