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 101 m² on the 5th floor, built in 1983, energy rating C. Located on rua António Aleixo, 3, Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: The apartment boasts panoramic views of the Serra da Arrábida from its sunroom balcony, providing both versatility and a stunning visual aspect to the living space.
The valuation. The asking price of €348,000 sits below the fair value of €371,948, indicating the property is priced reasonably with a difference of €23,948 (6.4%). Verdict: fair. Buy-to-flip angle. Given the current condition rating of 82/100, the apartment can be enhanced with minor cosmetic upgrades to attract buyers, aiming for a resale price that covers initial costs and ensures a profitable return. Buy-to-let angle. With an estimated rental income of €1,102/month, the property offers a gross yield of 3.8%, making it a viable option for long-term rental strategies, targeting families due to its spacious layout and excellent amenities in the area.
Fair value modelled at €371,948 from 6 comparable sales in the area. Asking €348,000 sits €23,948 (6.4%) below — the upside to fair value.
Asking €348,000 versus the rua António Aleixo, 3 area baseline of €304,051 (€3,010/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €304,051, adjusted for condition and micro-location, gives a modelled fair value of €371,948 (€3,683/m²), a €23,948 (6.4%) gap versus the €348,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua António Aleixo, 3 | Subject | €348,000 | €3,446 | — | 80 | 79 |
| Corroios · 1908e9 | Active | €370,000 | €3,458 | 0.4% | 78 | 74 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 4a7cb8 | Active | €365,000 | €3,802 | 10.3% | 72 | 80 |
| Corroios · de0c06 | Active | €318,000 | €2,504 | 27.3% | 72 | 80 |
| avenida 23 de Julho, 383 | Active | €349,500 | €3,883 | 12.7% | 75 | 73 |
| Median comp | €357,250 | €3,630 | 5.4% | 74 | 77 |
Long-term rental The 3-bed apartment in Corroios offers a stable yield of 3.8%, making it suitable for long-term rental investments. Given the fair value assessment indicates only a 6.4% gap, the investment aligns well with market expectations while serving the growing demand in the Greater Lisbon Metropolitan Area. Family rental With its spacious layout and strong neighborhood amenities rated at 79/100, this property is ideal for family rental. Its proximity to Lisbon enhances its appeal for families seeking a balance between urban connectivity and residential comfort. Buy-and-hold The property’s fair valuation suggests that buying and holding could be a beneficial strategy, especially considering the economic stability of Almada. The good transport links and increasing demand in the area present a favorable outlook for long-term appreciation in value. Not ideal for This property is not suitable for short-term vacation rentals due to its fair valuation and rental yield structure. Additionally, its positioning within a mixed residential area limits its appeal in the luxury market and student housing sectors.
Tenant turnover risk A tenant turnover could occur despite the high tenant stability score of 80/100, potentially leading to unexpected 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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