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 63 m², energy rating D. Located on avenida Bocage, 24, Alto do Seixalinho, Santo André e Verderena parish, Barreiro municipality, Setúbal district. Noteworthy Features: The apartment includes a pantry for additional storage and benefits from abundant natural light courtesy of an exterior bathroom window and a kitchen balcony.
The valuation. The asking price of €240,000 is €15,935 (7.1%) above the fair value of €224,065, indicating a property priced fairly given the market conditions. Such pricing suggests a balanced approach towards valuation.
Fair value modelled at €224,065 from 6 comparable sales in the area. Asking €240,000 sits €15,935 (7.1%) above — overpriced versus fair value.
Asking €240,000 versus the avenida Bocage, 24 area baseline of €207,733 (€3,297/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €207,733, adjusted for condition and micro-location, gives a modelled fair value of €224,065 (€3,557/m²), a €15,935 (7.1%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Bocage, 24 | Subject | €240,000 | €3,810 | — | 70 | 63 |
| União das Freguesias do Seixal, Arrentela e Aldeia de Paio Pires · 23f3e0 | Active | €210,000 | €2,658 | 30.2% | 70 | 80 |
| Barreiro e Lavradio · 1e6504 | Active | €249,000 | €3,716 | 2.4% | 70 | 75 |
| rua Poeta Sebastião da Gama | Active | €240,000 | €3,636 | 4.5% | 67 | 76 |
| rua Grão Vasco | Active | €239,900 | €3,477 | 8.7% | 75 | 74 |
| Median comp | €239,950 | €3,557 | 6.6% | 70 | 76 |
Long-term rental The property's yield of 3.6% gross reflects a stable but not exceptional return for long-term rental investments, considering the fair value aligns closely with the asking price. Additionally, the location in Almada provides decent connectivity to Lisbon, appealing to individuals seeking a suburban lifestyle. Buy-and-hold Given the modest gap of 7.1% between the listing price and fair value, capital appreciation potential may be limited in the near term, making this a neutral buy-and-hold option. However, the overall condition rating of 67/100 suggests that it may require eventual upgrades, impacting long-term investment returns. Family rental With a neighborhood score of 63/100, the property may attract families looking for suburban housing options, although the overall yield is relatively low. Nevertheless, the decent economic indicators in the area may support steady demand for family rentals in the coming years.
Weak tenant stability risk The tenant stability score of 55/100 indicates a higher risk of turnover and vacancy, which could impact rental income stability.
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