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 108 m² on the 2nd floor, energy rating D. Located on travessa João de Araújo Correia, 463B, Sesimbra (Castelo) parish, Sesimbra municipality, Setúbal district. Noteworthy Feature: This apartment includes a spacious balcony offering unobstructed views, enhancing both natural light and outdoor living opportunities in a vibrant central location.
The valuation. The asking price of €287,500 is significantly below fair value, which is calculated at €391,594, indicating an attractive opportunity at €104,094 under market value (26.6%). Verdict: underpriced. Buy-to-flip angle. This apartment can be quickly renovated and resold, appealing to families seeking modern finishes in a stable market, leveraging the fair value gap for profit. Buy-to-let angle. A rental strategy targeting long-term tenants can yield approximately €958/month, equating to a gross yield of 4%, which provides reliable income in a growing area.
Fair value modelled at €391,594 from 6 comparable sales in the area. Asking €287,500 sits €104,094 (26.6%) below — the upside to fair value.
Asking €287,500 versus the travessa João de Araújo Correia, 463B area baseline of €323,207 (€2,993/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €323,207, adjusted for condition and micro-location, gives a modelled fair value of €391,594 (€3,626/m²), a €104,094 (26.6%) gap versus the €287,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa João de Araújo Correia, 463B | Subject | €287,500 | €2,662 | — | 76 | 61 |
| Sesimbra (Santiago) · 144197 | Active | €440,000 | €3,636 | 36.6% | 75 | 59 |
| Sesimbra (Santiago) · 65a7bd | Active | €330,000 | €3,438 | 29.1% | 82 | 59 |
| Sesimbra (Castelo) · 96c55f | Active | €405,000 | €3,115 | 17.0% | 80 | 61 |
| Sesimbra (Castelo) · 0dcd71 | Active | €279,000 | €3,671 | 37.9% | 76 | 62 |
| Median comp | €367,500 | €3,537 | 32.9% | 78 | 60 |
Long-term rental The property in Sesimbra offers a reliable long-term rental opportunity, with a fair value significantly above the listing price, suggesting healthy demand in the stable Setúbal market. With a 4% gross yield, it aligns well with investors seeking consistent cash flow. Family rental Given the family-friendly size of the 3-bed apartment, it is well-suited for long-term family rentals, supported by the moderate growth and amenities in the Sesimbra region. The fair value of €391,594 indicates strong potential for families seeking quality housing in a good neighborhood. Value-add renovation With a condition rating of 75/100, there is room for value-add renovation, allowing investors to enhance the property and potentially unlock further value. The gap to fair value of 26.6% presents an appealing opportunity for those looking to invest in improvements, making this property an attractive proposition in a stable market.
Economic Vulnerability The economic stability score of 60/100 indicates a potential risk of downturns in the local economy affecting rent prices and occupancy rates.
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