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 apartment of 133 m² on the 4th floor, built in 1998, energy rating C. Located on rua Jaime Cortesão, 60, Quinta do Conde parish, Sesimbra municipality, Setúbal district. Noteworthy Features: This apartment boasts a terrace with views, enhancing outdoor living, and its central location ensures easy access to local amenities and schools within walking distance.
The valuation. The asking price of €309,000 is significantly above the fair value of €210,852, representing an overpricing of €98,148 (31.8%). This discrepancy suggests that the property is overpriced for the current market conditions.
Fair value modelled at €210,852 from the area baseline, adjusted for condition and location. Asking €309,000 sits €98,148 (31.8%) above — overpriced versus fair value.
Asking €309,000 versus the rua Jaime Cortesão, 60 area baseline of €405,916 (€3,052/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 65 · Materials 70 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Jaime Cortesão, 60
Area baseline €405,916 + condition -€17,248 + location +€16,896 = modelled fair value of €210,852 (€1,585/m²), a €98,148 (31.8%) gap versus the €309,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Jaime Cortesão, 60 | Subject | €309,000 | €2,323 | — | 65 | 70 |
| avenida Norton de Matos | Active | €320,000 | €2,462 | 5.9% | 68 | 56 |
| avenida Norton de Matos | Active | €330,000 | €2,750 | 18.4% | 65 | 60 |
| Quinta do Conde · 261dc1 | Active | €245,000 | €4,083 | 75.8% | 75 | 64 |
| rua de São Tiago, 834 | Active | €256,500 | €4,205 | 81.0% | 70 | 70 |
| Median comp | €288,250 | €3,417 | 47.1% | 69 | 62 |
Long-term rental The 3-bed apartment in Quinta do Conde is overpriced at €309,000, significantly exceeding its fair value of €210,852. The gross yield of 3.6% combined with a condition score of 67/100 indicates that this investment may not deliver sufficient returns over time. Short-term vacation rental Currently listed at €309,000, this property is overpriced compared to the fair value of €210,852, which hampers its feasibility for short-term vacation rentals. The coastal appeal does create demand, but the inflated price could deter potential guests seeking reasonably priced accommodations. Buy-and-hold With a gap of 31.8% between the listing price of €309,000 and its fair value of €210,852, the buy-and-hold strategy appears unattractive for this property. The current condition and moderate neighborhood ratings further suggest that this investment may not appreciate sufficiently to justify the high entry cost.
Economic vulnerability The property's economic stability score of 65/100 indicates potential susceptibility to market fluctuations that could negatively impact cash flow.
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