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.
2-bedroom, 1-bathroom apartment of 92 m² on the 2nd floor, built in 2003, energy rating E. Located Sines parish, Sines municipality, Setúbal district. Noteworthy Features: This apartment benefits from three balconies that enhance its natural light and offer pleasant city views, plus a private storage space on the upper floor for convenience.
The valuation. The asking price of €325,000 is significantly above the fair value of €266,800, reflecting an overpricing of €58,200 (21.8%). This discrepancy suggests a reconsideration of the investment strategy given its current valuation.
Fair value modelled at €266,800 from 6 comparable sales in the area. Asking €325,000 sits €58,200 (21.8%) above — overpriced versus fair value.
Asking €325,000 versus the Sines, Sines, Setúbal area baseline of €247,315 (€2,688/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €247,315, adjusted for condition and micro-location, gives a modelled fair value of €266,800 (€2,900/m²), a €58,200 (21.8%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Sines · 800594 | Subject | €325,000 | €3,533 | — | 75 | 42 |
| Sines · 49b942 | Active | €270,000 | €3,803 | 7.6% | 70 | 46 |
| Sines · dee60f | Active | €150,000 | €1,765 | 50.0% | 60 | 50 |
| Sines · 439177 | Active | €320,000 | €3,902 | 10.5% | 70 | 45 |
| Sines · 4d4608 | Active | €435,000 | €2,900 | 17.9% | 70 | 42 |
| Median comp | €295,000 | €3,352 | 5.1% | 70 | 46 |
Long-term rental This 2-bed apartment in Sines is overpriced at €325,000, significantly above its fair value of €266,800, which represents a 21.8% gap. Given the rural context and limited local amenities, its current gross yield of 4.4% is unlikely to attract quality tenants for long-term rental. Value-add renovation The apartment's condition score of 76/100 suggests that while there is potential for improvement, the current listing price does not justify any renovation investment. With the neighbourhood's rating of 42/100, any value-add strategy must consider the risks associated with an overpriced asset in a less desirable market area.
Low demand risk With an economic stability score of 35/100 and tenant stability score of 50/100, the property may face low demand from potential renters, impacting rental income.
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