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 93 m², built in 1986, energy rating C. Located on rua Bernardo Santareno S / N, Corroios parish, Seixal municipality, Setúbal district. This apartment offers a rare blend of modern design and cozy atmosphere, complemented by a balcony perfect for outdoor relaxation, all situated in the vibrant heart of Miratejo.
The valuation. The asking price of €298,000 is below the fair value of €361,814, indicating a difference of €63,814 (17.6%). This property is therefore considered underpriced in the current market. Buy-to-flip angle. A buy-to-flip strategy could involve renovating the high-quality materials to further enhance value, allowing for a resale at a potentially higher price point in a desirable suburban market. Buy-to-let angle. With an estimated gross yield of 3.4%, generating approximately €844/month in rental income, this property offers a solid foundation for long-term investment through a buy-and-hold rental strategy.
Fair value modelled at €361,814 from 6 comparable sales in the area. Asking €298,000 sits €63,814 (17.6%) below — the upside to fair value.
Asking €298,000 versus the rua Bernardo Santareno S / N area baseline of €310,271 (€3,336/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 €310,271, adjusted for condition and micro-location, gives a modelled fair value of €361,814 (€3,890/m²), a €63,814 (17.6%) gap versus the €298,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Bernardo Santareno S / N | Subject | €298,000 | €3,204 | — | 74 | 74 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 190937 | Active | €295,000 | €4,097 | 27.9% | 78 | 72 |
| rua do Clube Recreativo da Ramalha S / N | Active | €310,000 | €4,026 | 25.6% | 72 | 75 |
| rua Cidade de Tomar | Active | €310,000 | €3,370 | 5.2% | 80 | 74 |
| rua do Forte, 1 | Active | €320,000 | €3,810 | 18.9% | 75 | 78 |
| Median comp | €310,000 | €3,918 | 22.3% | 77 | 75 |
Long-term rental The property is priced at €298,000, which represents a significant 17.6% gap below its fair value of €361,814, indicating strong potential for appreciation. With a gross yield of 3.4%, this investment can provide a steady income while benefiting from future value growth in a suburban area influenced by Lisbon's economy. Family rental At €298,000, the property presents a compelling investment opportunity for family rentals, being subvalued compared to its fair market value of €361,814. The 76/100 condition rating coupled with a decent neighbourhood score of 74/100 makes it an attractive option for families, ensuring steady demand in the rental market. Buy-and-hold Acquiring this apartment at €298,000, a notable 17.6% below its fair value, aligns well with a long-term buy-and-hold strategy aimed at capital appreciation. The suburban location benefits from Lisbon's economic influence, which can enhance property value over time while maintaining a reasonable rental yield of 3.4%.
Economic and Tenant Instability The combined scores of 75/100 for economic stability and 74/100 for tenant stability suggest a moderate risk of fluctuations in rental income, potentially impacting cash flow stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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