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 88 m² on the 1st floor, energy rating D. Located on rua Associação de Reformados de Corroios, Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: This apartment includes a storage room for extra convenience and is equipped with high-quality, contemporary finishes that enhance its modern aesthetic and functionality.
The valuation. The asking price of €275,000 is significantly below the fair value of €351,413, indicating it is underpriced by €76,413, or 21.7%. This presents a compelling opportunity for potential investors. Buy-to-flip angle. The resale strategy focuses on enhancing property appeal through minimal cosmetic upgrades, leveraging the modern finishes to target the upper market, with an anticipated resale value of approximately €400,000. Buy-to-let angle. A rental income strategy estimates gross monthly rent at €848, resulting in a gross yield of 3.7%. The property's proximity to Lisbon suggests a steady demand for long-term rentals, ensuring reliable cash flow.
Fair value modelled at €351,413 from 6 comparable sales in the area. Asking €275,000 sits €76,413 (21.7%) below — the upside to fair value.
Asking €275,000 versus the rua Associação de Reformados de Corroios area baseline of €286,522 (€3,256/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €286,522, adjusted for condition and micro-location, gives a modelled fair value of €351,413 (€3,993/m²), a €76,413 (21.7%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Associação de Reformados de Corroios | Subject | €275,000 | €3,125 | — | 82 | 75 |
| largo Soeiro Pereira Gomes, 7, 1ºD | Active | €240,000 | €4,000 | 28.0% | 75 | 76 |
| Corroios · 3df51a | Active | €319,500 | €3,435 | 9.9% | 75 | 77 |
| rua São João, 2 | Active | €275,000 | €3,716 | 18.9% | 74 | 74 |
| largo Francisco Sanches | Active | €280,000 | €4,000 | 28.0% | 72 | 78 |
| Median comp | €277,500 | €3,858 | 23.5% | 75 | 77 |
Long-term rental The 2-bed apartment in Corroios, Seixal, presents a compelling opportunity for long-term rental due to its 3.7% gross yield and its proximity to Lisbon, enhancing tenant desirability. Given its condition rating of 85/100 and overall neighborhood rating of 75/100, it is well-positioned to attract stable tenants. Buy-and-hold Investing in this apartment aligns well with a buy-and-hold strategy, considering its fair value of €351,413 against a listing price of €275,000, indicating significant upside potential. As the local market continues to grow, the property is likely to appreciate, making it a strong addition to a long-term investment portfolio. Short-term vacation rental The property is well-suited for short-term vacation rental, leveraging Corroios's proximity to Lisbon and its appealing amenities. With the current listing price significantly below fair value, investors can capitalize on a promising demand for short-term accommodations in the area. Not ideal for student housing Given the demographic profile and tenant quality considerations in the area, this property is not an ideal candidate for student housing. The neighborhood's amenities cater more towards families and professionals, which limits the potential for this strategy. Not ideal for luxury market This apartment does not fit the luxury market segment due to its average condition and neighborhood rating. As such, targeting high-end rentals would be unrealistic given the property’s overall positioning in the market. Not ideal for industrial purposes The property is not suitable for industrial purposes due to its residential classification and neighborhood characteristics. Investing in commercial or industrial assets would not align with the current zoning and prevailing market demand.
Potential Tenant Turnover The tenant stability score of 70/100 indicates a moderate risk of turnover, potentially leading to increased vacancy periods and associated 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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