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, 1-bathroom apartment of 83 m², built in 1966, energy rating D. Located on rua Cidade de Setúbal, 6, Corroios parish, Seixal municipality, Setúbal district. This apartment boasts a well-maintained entrance hall that enhances accessibility and offers a welcoming first impression.
The valuation. The asking price of €289,000 sits €16,944 (6.2%) above the fair value of €272,056. This positions the property as fairly valued within the current market conditions.
Fair value modelled at €272,056 from 6 comparable sales in the area. Asking €289,000 sits €16,944 (6.2%) above — overpriced versus fair value.
Asking €289,000 versus the rua Cidade de Setúbal, 6 area baseline of €248,851 (€2,998/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 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 €248,851, adjusted for condition and micro-location, gives a modelled fair value of €272,056 (€3,278/m²), a €16,944 (6.2%) gap versus the €289,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cidade de Setúbal, 6 | Subject | €289,000 | €3,482 | — | 72 | 76 |
| Corroios · ade5d6 | Active | €295,000 | €3,278 | 5.9% | 72 | 79 |
| praceta Camilo Pessanha, 17 | Active | €285,000 | €3,032 | 12.9% | 67 | 80 |
| Corroios · d748db | Active | €295,000 | €3,278 | 5.9% | 68 | 76 |
| rua Afonso de Paiva | Active | €298,000 | €3,010 | 13.6% | 65 | 74 |
| Median comp | €295,000 | €3,155 | 9.4% | 68 | 78 |
Long-term rental The apartment in Corroios presents an acceptable yield of 3.8%, indicating stable cash flow potential for long-term rental strategies. While the property is fairly priced at €289,000, its condition and neighborhood rating suggest a solid investment opportunity aligned with demand for suburban living near Lisbon. Family rental This property is aptly positioned as a family rental due to its three-bedroom layout and the neighborhood's quality rating of 76/100, providing access to local amenities attractive to families. With the property fairly valued, it sits in a potentially advantageous spot for steady long-term occupancy amidst a growing population seeking space and proximity to Lisbon. Buy-and-hold The 3-bed apartment's listing price of €289,000 is in line with its fair value, which supports a prudent buy-and-hold strategy in the context of Lisbon’s expanding suburban market. As the neighbourhood maintains a good rating and the property reflects a decent condition score, it could yield appreciation over time, appealing to long-term investors. Not ideal for short-term vacation rental Given the apartment's condition and the residential nature of Corroios, it is not suitable for short-term vacation rentals, which typically demand prime locations and superior property conditions. The average neighborhood characteristics suggest a preference for long-term stability over transient stays. Not ideal for luxury market The property does not cater to the luxury market due to its modest condition score and fair pricing; these aspects generally do not align with the preferences of high-end buyers. The focus on affordability and suburban practicality diminishes its appeal in luxury real estate valuations.
Potential Tenant Turnover The tenant stability score of 70/100 indicates a moderate risk of turnover, which could lead to increased 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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