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 124 m² on the 1st floor, built in 1999, energy rating D. Located on rua Miguel Russell, Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: The apartment includes a spacious living room with a fireplace, enhancing family gatherings, and features built-in cabinets in the halls for efficient storage solutions.
The valuation. The asking price of €368,000 sits €18,454 (5.3%) above the fair value of €349,546, indicating that the property is fairly priced at market expectations and consistent with its quality and location. Buy-to-flip angle. Given its prime location and quality finishes, a strategic buy-to-flip could see the property resold quickly, capitalizing on the estimated value without extensive renovations. Buy-to-let angle. With a gross yield of 3.7% at an estimated monthly income of €1,135, this apartment provides a solid return for long-term investors targeting family rentals in a growing suburb near Lisbon.
Fair value modelled at €349,546 from 6 comparable sales in the area. Asking €368,000 sits €18,454 (5.3%) above — overpriced versus fair value.
Asking €368,000 versus the rua Miguel Russell area baseline of €293,344 (€2,366/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 €293,344, adjusted for condition and micro-location, gives a modelled fair value of €349,546 (€2,819/m²), a €18,454 (5.3%) gap versus the €368,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Miguel Russell | Subject | €368,000 | €2,968 | — | 71 | 75 |
| Amora · efdd00 | Active | €250,000 | €2,404 | 19.0% | 70 | 80 |
| rua Luís de Camões | Active | €290,000 | €2,990 | 0.7% | 70 | 75 |
| rua Damião Peres S / N | Active | €325,000 | €3,283 | 10.6% | 72 | 70 |
| rua Ramalho Ortigão | Active | €324,000 | €2,613 | 12.0% | 70 | 72 |
| Median comp | €307,000 | €2,802 | 5.6% | 70 | 74 |
Long-term rental The property in Corroios, currently listed at €368,000, reflects a fair value of €349,546, indicating a pricing gap of just 5.3%. With a gross yield of 3.7%, this investment remains viable for stable, long-term rental income, provided expectations align with the fair market conditions. Family rental Offering a spacious 124m² layout, this 3-bedroom apartment is well-suited for families looking for comfort and convenience, situated in a neighborhood that scores 75/100 for livability. Although the price is fair, potential investors should be conscious of the market saturation for family rentals and set competitive pricing. Buy-and-hold With its strategic proximity to Lisbon and a solid condition rating of 76/100, this property presents a reasonable buy-and-hold opportunity for investors seeking gradual appreciation over time. The fair pricing and advantageous location suggest sustained demand, though investors should monitor local market trends closely for optimal timing in future sales.
Tenant turnover risk High tenant turnover may occur due to a tenant stability score of 70/100, potentially leading to increased vacancy rates and costs associated with finding new tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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