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, 2-bathroom apartment of 159 m² on the 4th floor, energy rating C. Located on rua Júlio Gomes da Silva, Porto Covo parish, Sines municipality, Setúbal district. Noteworthy Features: This apartment boasts a spacious 4th-floor terrace, providing a perfect outdoor space with potential for relaxation and entertainment, while the layout enhances natural light throughout the living areas.
The valuation. The asking price of €446,000 sits €134,445 (23.2%) below the fair value of €580,445, indicating the property is subvalued in the current market. This presents an opportunity for savvy investors to capitalize on a below-market listing.
Fair value modelled at €580,445 from 6 comparable sales in the area. Asking €446,000 sits €134,445 (23.2%) below — the upside to fair value.
Asking €446,000 versus the rua Júlio Gomes da Silva area baseline of €524,533 (€3,299/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 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 €524,533, adjusted for condition and micro-location, gives a modelled fair value of €580,445 (€3,651/m²), a €134,445 (23.2%) gap versus the €446,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Júlio Gomes da Silva | Subject | €446,000 | €2,805 | — | 64 | 37 |
| rua Candido da Silva, 1 | Active | €565,000 | €3,870 | 38.0% | — | 44 |
| Porto Covo · 4a45a2 | Active | €615,000 | €3,844 | 37.0% | 80 | 46 |
| Porto Covo · 4a459c | Active | €650,000 | €3,457 | 23.3% | 85 | 46 |
| Porto Covo · 38b6ba | Active | €560,000 | €3,027 | 7.9% | 85 | 48 |
| Median comp | €590,000 | €3,651 | 30.1% | 85 | 46 |
Long-term rental This property in Porto Covo, Sines, is currently listed at €446,000, which is significantly lower than its fair value of €580,445, presenting an attractive opportunity for long-term rental investment. Given the rural Alentejo characteristics, this property can potentially yield dependable income despite its challenging condition and lower neighborhood ratings. Short-term vacation rental While the listing price suggests a favorable entry point, the rural context of this property, combined with a gross yield of 0% and a neighborhood rating of 37/100, indicates it may not perform well in the short-term vacation rental market. Prospective investors should consider the limitations imposed by the area's amenities and tenant quality before pursuing this strategy. Student housing This property does not align with the needs of the student housing market, primarily due to its current condition rating of 60/100 and an unsatisfactory neighborhood evaluation. Consequently, while it may offer an appealing price relative to its fair value, its locality lacks the necessary infrastructure and appeal for a viable student rental market. Luxury market Even though the property is listed below its fair value, it is not positioned within the luxury market due to its condition and surrounding amenities, which are rated poorly. Investors targeting the high-end segment should seek properties with superior quality and neighborhood characteristics to ensure premium rental returns.
High vacancy risk The low Economic Stability score (25/100) combined with a Tenant Stability score of 40/100 indicates a significant risk of high vacancy rates due to potential economic challenges and unstable tenant retention.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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