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 72 m², built in 1984, energy rating D. Located on rua Alves Redol, 7, Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: This property includes a pantry for additional storage and features high-security doors for enhanced safety in a sought-after central location.
The valuation. The asking price of €219,000 is 59.0% above the fair value of €89,770, indicating that the property is overpriced. This significant premium suggests potential challenges in achieving a profitable return on investment.
Fair value modelled at €89,770 from the area baseline, adjusted for condition and location. Asking €219,000 sits €129,230 (59.0%) above — overpriced versus fair value.
Asking €219,000 versus the rua Alves Redol, 7 area baseline of €218,736 (€3,038/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 43/100 (Condition 45 · Materials 42 · Room dimensions 47). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 80 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Alves Redol, 7
Area baseline €218,736 + condition -€36,000 + location +€11,434 = modelled fair value of €89,770 (€1,247/m²), a €129,230 (59.0%) gap versus the €219,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Alves Redol, 7 | Subject | €219,000 | €3,042 | — | 45 | 75 |
| Corroios · 99f290 | Active | €220,000 | €3,385 | 11.3% | 38 | 82 |
| Amora · f366ae | Active | €260,000 | €3,250 | 6.8% | 42 | 78 |
| praceta Cidade do Montijo | Active | €350,000 | €4,375 | 43.8% | 35 | 82 |
| avenida Luís de Camões | Active | €175,000 | €5,000 | 64.4% | 50 | 80 |
| Median comp | €240,000 | €3,880 | 27.6% | 40 | 81 |
Long-term rental The 2-bed apartment in Corroios is currently listed at €219,000, significantly above its fair value of €89,770, indicating it is overpriced by 59.0%. With a gross yield of 4.6%, the apartment's return does not justify the high listing price in the current market conditions. Buy-and-hold Investing in this property may not be advisable due to its valuation being €129,230 higher than its fair value, which raises concerns about potential long-term appreciation. The condition score of 43/100 further diminishes its attractiveness as a buy-and-hold investment in an otherwise stable area. Family rental Although the neighbourhood scores 75/100, which indicates good livability, the property’s pricing at €219,000 makes it a less viable option for families seeking rental accommodations. With its condition score of only 43, families may be deterred by the cost relative to the quality of the unit offered. Not ideal for: Student housing The apartment's pricing is well above its fair value, leading to an unattractive option for student housing, especially given the lower expected yield and quality issues. Additionally, the current condition may not appeal to the transient nature of student tenants, making it a risky investment in this segment.
Tenant turnover risk With a tenant stability score of 70/100, there is a notable risk of increased turnover, which could lead to higher vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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