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.
4-bedroom, 3-bathroom apartment of 207 m² on the 2nd floor, built in 2005, energy rating C. Located on avenida Dom Afonso Henriques, 24, Corroios parish, Seixal municipality, Setúbal district. This apartment features a private condominium with amenities such as a swimming pool, gym, and lush internal gardens, enhancing the living experience in a tranquil environment.
The valuation. The asking price of €579,900 is slightly below fair value at €628,538, reflecting an adequate market position with a difference of €48,638 (7.7%) from the estimated fair price. Verdict: fair. Buy-to-flip angle. The potential for a resale strategy is promising, given the option to update finishes like cabinetry and tiles to enhance aesthetic appeal and increase profit margins. Buy-to-let angle. With a gross yield of 0%, the focus would be on a long-term rental strategy, targeting family rentals given the property's size and proximity to Lisbon's urban areas.
Fair value modelled at €628,538 from 6 comparable sales in the area. Asking €579,900 sits €48,638 (7.7%) below — the upside to fair value.
Asking €579,900 versus the avenida Dom Afonso Henriques, 24 area baseline of €554,490 (€2,679/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €554,490, adjusted for condition and micro-location, gives a modelled fair value of €628,538 (€3,036/m²), a €48,638 (7.7%) gap versus the €579,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Dom Afonso Henriques, 24 | Subject | €579,900 | €2,801 | — | 72 | 80 |
| rua José Lourenço de Carvalho, 2 | Active | €375,000 | €3,125 | 11.5% | — | 80 |
| rua António Assunção | Active | €394,999 | €3,292 | 17.5% | 72 | 77 |
| Charneca de Caparica e Sobreda · 438fbf | Active | €420,000 | €3,231 | 15.3% | 75 | 80 |
| estrada Algazarra | Active | €368,000 | €2,573 | 8.1% | 68 | 85 |
| Median comp | €385,000 | €3,178 | 13.4% | 72 | 80 |
Long-term rental This property may serve as a long-term rental investment, given its decent neighborhood rating of 80/100 and proximity to Lisbon's urban areas. However, the absence of gross rental yield indicates limited cash flow potential, making it necessary to consider other factors before investing. Buy-and-hold Holding this apartment could provide stable appreciation potential, as it is positioned in an area that shows promise for long-term growth, reflected in its acceptable fair value estimate. Nevertheless, with the current price surpassing fair value by 7.7%, investors should be cautious regarding immediate returns. Family rental This apartment is well-suited for family rental, supported by its size and favorable neighborhood quality, which ranks high at 80/100. Despite its fair pricing, the lack of yield suggests that owners might see better success through capital appreciation rather than immediate rental income.
Tenant turnover risk With a Tenant stability score of 75/100, there's a potential risk of increased turnover, which could lead to higher vacancy rates 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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