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, 2-bathroom apartment of 173 m², built in 2003, energy rating D. Located on praceta Graça Pina de Morais, 3, Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: The apartment includes a vast 70 m² terrace ideal for outdoor activities and entertaining, enhancing the living experience in a tranquil environment. Additional Benefits: Excellent sun exposure enriches the interior with natural light.
The valuation. The asking price of €360,000 is significantly above the fair value of €296,449, representing an excess of €63,551 (17.7%). This indicates that the property is overpriced.
Fair value modelled at €296,449 from the area baseline, adjusted for condition and location. Asking €360,000 sits €63,551 (17.7%) above — overpriced versus fair value.
Asking €360,000 versus the praceta Graça Pina de Morais, 3 area baseline of €525,574 (€3,038/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 80 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 78 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
praceta Graça Pina de Morais, 3
Area baseline €525,574 + condition -€1,352 + location +€23,077 = modelled fair value of €296,449 (€1,714/m²), a €63,551 (17.7%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Graça Pina de Morais, 3 | Subject | €360,000 | €2,081 | — | 72 | 71 |
| Charneca de Caparica e Sobreda · 0900ef | Active | €355,000 | €4,176 | 100.7% | 73 | 74 |
| rua João Villaret | Active | €290,000 | €3,295 | 58.4% | 74 | 78 |
| praceta José Correia da Serra | Active | €260,000 | €3,562 | 71.2% | 75 | 77 |
| Laranjeiro e Feijó · 65a868 | Active | €325,000 | €3,316 | 59.4% | 73 | 74 |
| Median comp | €307,500 | €3,439 | 65.3% | 74 | 76 |
Long-term rental The property is overpriced at €360,000, while the fair value is €296,449, indicating a 17.7% discrepancy. Given the 0% gross yield, it may not generate sufficient income to justify this investment in the long term. Buy-and-hold Investing in this apartment as a buy-and-hold strategy is not advisable since it is currently priced above fair value and offers no yield. The combination of high price and relatively average neighbourhood scores suggests limited potential for appreciation. Family rental This apartment is not suitable for family rental due to its overpriced status and lack of rental yield at €360,000. While the neighbourhood has some positive attributes, the current pricing negates its attractiveness for family renters looking for value. Not ideal for: Luxury market The property does not belong in the luxury market as its pricing and condition (75/100) do not support a premium proposition. Not ideal for: Short-term vacation rental Given the absence of gross yield and the property's pricing being above fair value, it is not a viable option for short-term vacation rental. The suburban nature of the area further detracts from its appeal to short-term renters.
Tenant turnover risk High tenant turnover, reflected by a tenant stability score of 65/100, could lead to increased vacancy rates and associated costs for managing and leasing the property.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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