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 84 m², built in 1986, energy rating D. Located on rua Bernardo Santareno, 31, Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: The well-organized condominium includes two elevators and convenient parking options, enhancing accessibility for residents and their guests.
The valuation. The asking price of €259,000 is €35,309 (12.0%) below the fair value of €294,309, indicating that this property is subvalued compared to its market potential. Buy-to-flip angle. A quick resale can be targeted post-renovation, enhancing value through basic upgrades in materials and fixtures. Buy-to-let angle. With a projected rental income of €777/month, the property presents a gross yield of 3.6%, making it suitable for long-term family rentals.
Fair value modelled at €294,309 from 6 comparable sales in the area. Asking €259,000 sits €35,309 (12.0%) below — the upside to fair value.
Asking €259,000 versus the rua Bernardo Santareno, 31 area baseline of €284,759 (€3,390/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €284,759, adjusted for condition and micro-location, gives a modelled fair value of €294,309 (€3,504/m²), a €35,309 (12.0%) gap versus the €259,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Bernardo Santareno, 31 | Subject | €259,000 | €3,083 | — | 60 | 80 |
| Amora · f366ae | Active | €260,000 | €3,250 | 5.4% | 42 | 78 |
| praceta Ema Reis S / N | Active | €290,000 | €3,625 | 17.6% | 67 | 71 |
| rua Cidade de Braga | Active | €230,000 | €3,382 | 9.7% | 60 | 84 |
| rua Alves Redol, 7 | Active | €219,000 | €3,042 | 1.4% | 45 | 75 |
| Median comp | €245,000 | €3,316 | 7.5% | 53 | 77 |
Long-term rental The 2-bed apartment in Corroios, Seixal presents a compelling long-term rental opportunity with a yield of 3.6% gross, supported by a strong neighbourhood rating of 80/100. Given its subvalorizada status, this property can attract reliable, quality tenants seeking suburban living near central Lisbon. Family rental This property is an ideal family rental, positioned in a suburban area that boasts higher demand and better amenities, making it attractive to families seeking spacious accommodations. With a fair value gap of 12.0%, families can benefit from a competitive market while enjoying a safe environment in a neighbourhood with a low crime rate. Buy-and-hold Investors considering a buy-and-hold strategy should recognize the apartment’s potential for appreciation, given the current listing price is subvalorizada by 12.0% relative to its fair market value. The solid neighbourhood score of 80/100 and potential for stable rental income make it a wise addition to a long-term portfolio.
Economic downturn risk If the local economy experiences a downturn, a score of 80/100 indicates a moderate risk which might affect tenant occupancy and rental income, particularly with a tenant stability score of 75/100 suggesting potential fluctuations in tenant reliability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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