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 100 m², built in 2003, energy rating C. Located on rua do Pelourinho, 1, Palhais e Coina parish, Barreiro municipality, Setúbal district. Noteworthy Features: This apartment includes a large balcony, enhancing outdoor living with ample space for relaxation and entertaining, and offers a dedicated storage room for added convenience.
The valuation. The asking price of €300,000 exceeds the fair value of €182,572 by €117,428, indicating that the property is overpriced by 39.1%. This significant discrepancy warrants caution for potential investors.
Fair value modelled at €182,572 from the area baseline, adjusted for condition and location. Asking €300,000 sits €117,428 (39.1%) above — overpriced versus fair value.
Asking €300,000 versus the rua do Pelourinho, 1 area baseline of €298,100 (€2,981/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 75 · Room dimensions 73). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 65 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua do Pelourinho, 1
Area baseline €298,100 + condition -€2,500 + location +€13,072 = modelled fair value of €182,572 (€1,826/m²), a €117,428 (39.1%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Pelourinho, 1 | Subject | €300,000 | €3,000 | — | 70 | 69 |
| rua Piteira Santos | Active | €270,000 | €3,418 | 13.9% | 70 | 70 |
| avenida Norton de Matos | Active | €320,000 | €2,462 | 17.9% | 68 | 56 |
| rua Jaime Cortesão, 60 | Active | €297,500 | €2,729 | 9.0% | 75 | 58 |
| Quinta do Conde · 6fbde2 | Active | €285,000 | €3,132 | 4.4% | 71 | 63 |
| Median comp | €291,250 | €2,931 | 2.3% | 71 | 61 |
Long-term rental This property is overpriced at €300,000, compared to a fair value of €182,572, indicating a substantial gap of 39.1%. With a gross yield of 0%, the investment presents significant risk for long-term rental strategies. Family rental Given the price point and fair value disparity, this 2-bed apartment is not strategically aligned for family rental. The below-average condition rating of 73/100 further diminishes its rental appeal in a neighborhood rated 69/100. Buy-and-hold Investing in this property as a buy-and-hold strategy is unwise due to its valuation being overpriced at €300,000. The lack of a positive yield combined with its fair value suggests limited potential for capital appreciation in the near term.
Tenant default risk With both economic and tenant stability scores at 70/100, there is a potential risk of tenant default due to moderate stability in the rental market.
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