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 120 m² on the 2nd floor, built in 2010, energy rating D. Located on rua Vasco da Gama, 26, Fernão Ferro parish, Seixal municipality, Setúbal district. This apartment features a large balcony with a barbecue, perfect for outdoor entertaining, and a fireplace in the living room, enhancing cozy living during colder months.
The valuation. The asking price of €369,000 is slightly above the fair value of €360,414, representing a difference of €8,586 (2.4%). This positions the property as fairly valued, appealing for prospective investors looking for solid long-term opportunities.
Fair value modelled at €360,414 from 6 comparable sales in the area. Asking €369,000 sits €8,586 (2.4%) above — overpriced versus fair value.
Asking €369,000 versus the rua Vasco da Gama, 26 area baseline of €332,914 (€2,774/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 is above the parish average, lifting 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 €332,914, adjusted for condition and micro-location, gives a modelled fair value of €360,414 (€3,003/m²), a €8,586 (2.4%) gap versus the €369,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Vasco da Gama, 26 | Subject | €369,000 | €3,075 | — | 72 | 72 |
| rua Fonte da Contenda | Active | €331,500 | €2,908 | 5.4% | 72 | 69 |
| rua dos Alentejanos | Active | €369,900 | €2,642 | 14.1% | 75 | 72 |
| União das Freguesias do Seixal, Arrentela e Aldeia de Paio Pires · 9118a4 | Active | €480,000 | €4,286 | 39.4% | 75 | 72 |
| praceta Madalena da Glória | Active | €270,000 | €2,700 | 12.2% | 70 | 76 |
| Median comp | €350,700 | €2,804 | 8.8% | 74 | 72 |
Long-term rental This property offers a gross yield of 3.7%, which is reasonable for a long-term investment in the Fernão Ferro area. With a fair value of €360,414, the pricing aligns closely with the market, indicating stable tenant demand but limited room for immediate returns. Family rental The 3-bed configuration is highly suitable for families, further supported by the decent amenities score of 72/100. Though priced fairly, the property may not provide substantial cash flow increasing potential over time due to its current valuation. Buy-and-hold Investing in this property aligns with a buy-and-hold strategy as it is located in a neighborhood with growing access to Lisbon's employment opportunities. While the valuation is fair, long-term appreciation potential may be limited without significant improvements or changes in market conditions.
Tenant turnover risk The tenant stability score of 65/100 indicates a higher potential for tenant turnover, which can lead to increased vacancy rates and maintenance costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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