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 104 m² on the 5th floor, built in 2002, energy rating C. Located on avenida Vieira da Silva S / N, Corroios parish, Seixal municipality, Setúbal district. This apartment features a spacious open-plan living area with excellent natural light and includes private parking, enhancing both convenience and the property's investment value.
The valuation. The asking price of €377,000 is significantly above the fair value of €340,472, indicating the property is overpriced by €36,528 (10.7%). This discrepancy suggests careful consideration before proceeding with investment. Buy-to-flip angle. A buy-to-flip strategy would require a quick turnaround, focusing on cosmetic updates to boost appeal and resale value. With the right improvements, a potential resale could yield a profit, albeit contingent on market conditions. Buy-to-let angle. The property offers a monthly rental estimate of €1,100, resulting in a gross yield of 3.5%. This strategy aligns with a long-term investment approach suitable for family rentals in a suburban setting.
Fair value modelled at €340,472 from 6 comparable sales in the area. Asking €377,000 sits €36,528 (10.7%) above — overpriced versus fair value.
Asking €377,000 versus the avenida Vieira da Silva S / N area baseline of €308,390 (€2,965/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €308,390, adjusted for condition and micro-location, gives a modelled fair value of €340,472 (€3,274/m²), a €36,528 (10.7%) gap versus the €377,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Vieira da Silva S / N | Subject | €377,000 | €3,625 | — | 73 | 72 |
| rua Carolina Michaelis | Active | €349,000 | €3,561 | 1.8% | 75 | 70 |
| rua Bento de Jesus Caraça | Active | €375,000 | €3,178 | 12.3% | 70 | 74 |
| Laranjeiro e Feijó · 6eba23 | Active | €310,000 | €3,370 | 7.0% | 80 | 73 |
| parque da Paz | Active | €335,000 | €3,045 | 16.0% | 75 | 72 |
| Median comp | €342,000 | €3,274 | 9.7% | 75 | 73 |
Long-term rental The property in Corroios is priced at €377,000, which is 10.7% above its fair value of €340,472, indicating it is overpriced. With a gross yield of 3.5%, this property may not generate sufficient returns relative to its cost in the long-term rental market. Family rental While Corroios offers good suburban amenities, the apartment's price of €377,000 surpasses its fair value, making it an overpriced option for family rentals. Families may prioritize value and affordability, which this property's pricing does not support, considering its fair value of €340,472. Buy-and-hold With the apartment's listing price of €377,000 exceeding its fair value by 10.7%, it is considered overpriced for a buy-and-hold investment strategy. The 3.5% gross yield may not justify the initial investment costs, particularly in a suburban market with moderate strength like Corroios.
Moderate Economic Risk The economic stability score of 65 indicates a potential for economic fluctuations that could affect rental income and property value.
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