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 188 m², built in 2025, energy rating A. Located Porto Covo parish, Sines municipality, Setúbal district. This property boasts an exclusive rooftop leisure area featuring a private swimming pool and an expansive terrace of 80.34 m², ideal for outdoor entertainment and relaxation.
The valuation. The asking price of €650,000 is approximately 7.6% below the fair value of €703,230, indicating it is well-aligned with current market conditions. Overall, the property can be considered fairly priced for potential buyers.
Fair value modelled at €703,230 from 6 comparable sales in the area. Asking €650,000 sits €53,230 (7.6%) below — the upside to fair value.
Asking €650,000 versus the Porto Covo, Sines, Setúbal area baseline of €462,396 (€2,460/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 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 €462,396, adjusted for condition and micro-location, gives a modelled fair value of €703,230 (€3,741/m²), a €53,230 (7.6%) gap versus the €650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Porto Covo · 4a459c | Subject | €650,000 | €3,457 | — | 85 | 46 |
| Porto Covo · 6d5151 | Active | €550,000 | €2,973 | 14.0% | 80 | 48 |
| Porto Covo · 90d8c7 | Active | €1,100,000 | €4,508 | 30.4% | 75 | 39 |
| Porto Covo · 8ee7eb | Active | €980,000 | €5,052 | 46.1% | 73 | 45 |
| Porto Covo · 25f8bd | Active | €850,000 | €2,623 | 24.1% | — | 43 |
| Median comp | €915,000 | €3,741 | 8.2% | 75 | 44 |
Long-term rental The property offers a fair value relative to its listing, indicating a balance between investment and market trends. However, the rural location in Porto Covo with limited housing demand may result in challenges attracting long-term tenants, especially given the low neighbourhood rating of 46/100. Family rental This apartment could serve as a family rental, but its 0% gross yield and the rural economic context may limit its appeal to potential tenants. While it is fairly priced, the overall condition and neighbourhood quality suggest that securing reliable family renters may be difficult.
Low Demand Risk With an economic stability score of 40/100 and a tenant stability score of 50/100, there is a heightened risk of low market demand, potentially leading to longer vacancy periods and reduced rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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