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 85 m², energy rating E. Located Sines parish, Sines municipality, Setúbal district. This property features an enclosed marquee for versatile living arrangements and is conveniently located just a 5-minute stroll from Praça da República, enhancing its rental appeal.
The valuation. The asking price of €150,000 is significantly above the fair value of €113,066, resulting in an overprice of €36,934, or 24.6%. This suggests that the property is overpriced in the current market context.
Fair value modelled at €113,066 from the area baseline, adjusted for condition and location. Asking €150,000 sits €36,934 (24.6%) above — overpriced versus fair value.
Asking €150,000 versus the Sines, Sines, Setúbal area baseline of €134,980 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 59/100 (Condition 60 · Materials 55 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 50/100 (Housing Market 50 · Amenities 50 · Economic 40 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Sines, Sines, Setúbal
Area baseline €134,980 + condition -€21,914 + location +€0 = modelled fair value of €113,066 (€1,330/m²), a €36,934 (24.6%) gap versus the €150,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Sines · dee60f | Subject | €150,000 | €1,765 | — | 60 | 50 |
| Sines · 49b942 | Active | €270,000 | €3,803 | 115.5% | 70 | 46 |
| Sines · 4bc639 | Active | €175,000 | €2,397 | 35.8% | — | 46 |
| Sines · 4a7d6d | Active | €475,000 | €2,500 | 41.7% | 75 | 49 |
| rua Miguel Bombarda | Active | €250,000 | €2,874 | 62.8% | 60 | 39 |
| Median comp | €260,000 | €2,687 | 52.3% | 70 | 46 |
Long-term rental This 3-bed apartment in Sines, priced at €150,000, is not an optimal long-term rental investment as it is overpriced by 24.6% compared to its fair value of €113,066. The gross yield of 9.1% may initially appear attractive, but the neighborhood's low rating of 50/100 suggests limited tenant demand and quality. Family rental While the size of the apartment could accommodate a family, the asking price of €150,000 represents a significant overvaluation at 24.6% above the fair value of €113,066. Additionally, with a neighborhood condition score of 50/100, families may not find the area appealing for long-term living. Buy-and-hold Investing in this property as a buy-and-hold strategy carries risk due to its current listing price of €150,000, which is 24.6% higher than the fair value of €113,066. Given the area's peripheral location in Algarve with limited amenities, future appreciation is uncertain and does not justify the high price point.
Economic Vulnerability The property faces a significant risk due to a low economic stability score of 40/100, which may lead to decreased demand and potential tenant turnover.
