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 76 m² on the 7th floor, energy rating D. Located on rua Alves Redol, Corroios parish, Seixal municipality, Setúbal district. Noteworthy Feature: The property boasts a completely unobstructed river view, enhancing its appeal as both a tranquil residence and a promising investment opportunity. Feature Details: Excellent natural light enhances the living space.
The valuation. The asking price of €275,000 is €12,800 (4.9%) above the fair value of €262,200, indicating a fair market positioning without any significant alerts regarding overpricing. Buy-to-flip angle. With the apartment's current condition rating of 62/100 and basic materials, a resale strategy focusing on cosmetic upgrades could capitalize on elevated neighborhood demand for quick returns. Buy-to-let angle. Estimated rental income of €825/month achieves a gross yield of 3.6%, appealing for a buy-and-hold strategy given the stable residential nature of Corroios, Seixal and local amenities.
Fair value modelled at €262,200 from 6 comparable sales in the area. Asking €275,000 sits €12,800 (4.9%) above — overpriced versus fair value.
Asking €275,000 versus the rua Alves Redol area baseline of €247,273 (€3,254/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 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 €247,273, adjusted for condition and micro-location, gives a modelled fair value of €262,200 (€3,450/m²), a €12,800 (4.9%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Alves Redol | Subject | €275,000 | €3,618 | — | 60 | 74 |
| largo Henrique Pinto | Active | €262,500 | €3,500 | 3.3% | — | 71 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 99f2c1 | Active | €255,000 | €3,400 | 6.0% | 67 | 76 |
| Amora · 37511d | Active | €219,000 | €2,808 | 22.4% | 65 | 71 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 38acda | Active | €245,000 | €2,988 | 17.4% | 70 | 80 |
| Median comp | €250,000 | €3,194 | 11.7% | 67 | 74 |
Long-term rental The 2-bed apartment in Corroios, listed at €275,000, has a fair value of €262,200, positioning it at a reasonable valuation. With a gross yield of 3.6%, it presents a stable investment opportunity for long-term rental in a residential neighborhood known for its good amenities. Buy-and-hold This property, despite its fair status, offers a reliable long-term investment potential given the current listing price compared to its fair value. The neighborhood, with a tenant quality rating of 74/100, supports a solid foundation for a buy-and-hold strategy in an area characterized by modern conveniences. Family rental With its suitable 76m² layout and respectable neighborhood rating, the apartment could appeal to families looking for a stable, long-term rental solution. Although priced at €275,000 is at a fair level, the solid amenities and tenant quality suggest a positive living environment for families.
Economic Fluctuation Risk Increased economic instability with a score of 70/100 suggests potential fluctuations in income stability and property value.
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