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.
4-bedroom, 1-bathroom country_house of 203 m², energy rating E. Located Porto Covo parish, Sines municipality, Setúbal district. This property features a traditional wood stove and a rustic floor fireplace, enhancing its cozy atmosphere and reflecting the charm of country living in Alentejo.
The valuation. The asking price of €841,000 is significantly above the fair value of €259,078, indicating the property is overpriced by €581,922 (69.2%). This discrepancy suggests a challenging investment environment. Buy-to-flip angle. Given the condition score of 58/100, a buy-to-flip strategy would require substantial renovations to enhance appeal, although current market dynamics may limit potential profit margins. Buy-to-let angle. With an estimated gross yield of 4.5% from potential rental income of €3,154/month, a long-term rental strategy could provide consistent cash flow, although location-related challenges may impact tenant demand.
Fair value modelled at €259,078 from the area baseline, adjusted for condition and location. Asking €841,000 sits €581,922 (69.2%) above — overpriced versus fair value.
Asking €841,000 versus the Porto Covo, Sines, Setúbal area baseline of €588,091 (€2,897/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 58/100 (Condition 54 · Materials 62 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 42/100 (Housing Market 40 · Amenities 45 · Economic 35 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
Porto Covo, Sines, Setúbal
Area baseline €588,091 + condition -€52,970 + location -€10,316 = modelled fair value of €259,078 (€1,276/m²), a €581,922 (69.2%) gap versus the €841,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Porto Covo · 6ebce9 | Subject | €841,000 | €4,143 | — | 54 | 42 |
| Porto Covo · 38bb7f | Active | €875,000 | €7,000 | 69.0% | 52 | 48 |
| Porto Covo · 25f8bd | Active | €850,000 | €2,623 | 36.7% | — | 43 |
| São Domingos e Vale de Água · 82c6d2 | Active | €570,000 | €6,000 | 44.8% | — | 46 |
| avenida Álvaro Cunhal | Active | €349,000 | €1,950 | 52.9% | 65 | 45 |
| Median comp | €710,000 | €4,312 | 4.1% | 59 | 46 |
Long-term rental Given the property's condition score of 58/100 and a neighbourhood rating of 42/100, the investment potential for long-term rental is significantly hindered. The expected gross yield of 4.5% is overshadowed by the considerable gap from its fair value of €259,078, indicating that it is overpriced at €841,000. Family rental While the property could be considered for family rental due to its size, the rural location and lack of amenities will likely deter potential tenants in a family demographic. The €841,000 asking price, compared to its fair value, reveals that this investment is overpriced, making it less appealing for long-term family rental strategies.
Economic Instability Risk The low economic stability score of 35/100 suggests that external factors may lead to income volatility and decreased property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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