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 76 m² on the 7th floor, built in 1984, energy rating C. Located on praceta Bombeiros Voluntários, 4, Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: This apartment boasts a pantry in the entrance hall for enhanced organization and two independent entrances for added convenience and accessibility. Condition Notes: The property demonstrates a generally well-maintained and modern aesthetic, characterized by simple yet effective furnishings and décor.
The valuation. The asking price of €257,500 sits below the fair value of €279,540, indicating that the property is fairly priced with a difference of €22,040 (7.9%). This positions the investment as a reasonable option for buyers.
Fair value modelled at €279,540 from 5 comparable sales in the area. Asking €257,500 sits €22,040 (7.9%) below — the upside to fair value.
Asking €257,500 versus the praceta Bombeiros Voluntários, 4 area baseline of €251,545 (€3,310/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 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 €251,545, adjusted for condition and micro-location, gives a modelled fair value of €279,540 (€3,678/m²), a €22,040 (7.9%) gap versus the €257,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Bombeiros Voluntários, 4 | Subject | €257,500 | €3,388 | — | 75 | 74 |
| rua do Armeiro-Mor, 6 | Active | €270,000 | €3,699 | 9.2% | 65 | 73 |
| parque da Paz | Active | €257,000 | €3,954 | 16.7% | 62 | 72 |
| rua Ilha de São Tomé, 2 | Active | €320,000 | €3,678 | 8.6% | 70 | 77 |
| parque da Paz | Active | €242,000 | €3,184 | 6.0% | — | 82 |
| Median comp | €263,500 | €3,689 | 8.9% | 65 | 75 |
Long-term rental The property presents a yield of 3.9%, which is reasonable for the suburban area of Corroios, given its connectivity to central Lisbon. However, with the fair value only slightly above the listing price, it will not generate significant cash flow or appreciation in the long term. Buy-and-hold Investing in this apartment as a buy-and-hold strategy may offer modest appreciation opportunities, as fair value is quite close to the listing price and local market conditions remain stable. Nonetheless, the rental yield of 3.9% indicates that returns may not be optimal, especially if the market shifts. Family rental This property could appeal to families looking for a stable living environment in a neighborhood rated 74/100, reflecting decent amenities and tenant quality. Nevertheless, the fair valuation suggests a limited potential for capital growth, and the 3.9% yield may not sufficiently reward the investment compared to other opportunities. Not ideal for: Luxury market The property does not fit the luxury market segment, indicated by its average condition rating of 71/100 and the existing price point. This limits the potential buyer pool, which may affect long-term resale and appreciation. Not ideal for: Short-term vacation rental Due to the suburban location of Corroios, which may not attract high-demand tourism, this property is not suited for the short-term vacation rental market. Furthermore, returns might be hindered by local regulations and competition in central Lisbon. Not ideal for: Student housing The property lacks proximity to major educational institutions, making it unattractive for the student housing market. With the existing neighborhood ratings, it might not meet the needs for amenities typically sought by student renters.
Tenant turnover risk Tenants may frequently change due to a lower tenant stability score of 65/100, potentially increasing vacancy rates and reducing 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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