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 90 m² on the 1st floor, built in 1997, energy rating C. Located on avenida Rui Grácio S / N, Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: This apartment includes a charming small balcony accessed from the living room, enhancing its appeal with outdoor space and a perfect spot for relaxation. Additional Context: Just a few minutes from the vibrant Corroios Municipal Pools and Urban Park of Santa Marta do Pinhal, offering excellent leisure options nearby.
The valuation. The asking price of €330,000 is €36,450 (12.4%) above the fair value of €293,550, indicating that the property is overpriced. This disparity affects potential returns for any investment strategy.
Fair value modelled at €293,550 from 6 comparable sales in the area. Asking €330,000 sits €36,450 (12.4%) above — overpriced versus fair value.
Asking €330,000 versus the avenida Rui Grácio S / N area baseline of €258,740 (€2,875/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €258,740, adjusted for condition and micro-location, gives a modelled fair value of €293,550 (€3,262/m²), a €36,450 (12.4%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Rui Grácio S / N | Subject | €330,000 | €3,667 | — | 75 | 72 |
| Corroios · 190720 | Active | €320,000 | €4,267 | 16.4% | 70 | 70 |
| rua Mário Sampaio Ribeiro, 12 | Active | €320,000 | €2,991 | 18.4% | 78 | 74 |
| Amora · 622b1e | Active | €220,000 | €3,333 | 9.1% | 72 | 74 |
| rua 25 de Abril | Active | €319,000 | €3,190 | 13.0% | 80 | 76 |
| Median comp | €319,500 | €3,262 | 11.0% | 75 | 74 |
Long-term rental Given the current listing price of €330,000, which represents a 12.4% premium over the fair value of €293,550, this property may not yield sufficient long-term returns for investors. With a gross rental yield of only 3.3%, it might struggle to attract tenants seeking affordability in a suburban market. Family rental While the property offers decent amenities and a reasonable condition score of 74/100, its overpriced status at €330,000 limits the potential for family renters to find value. In a suburban setting like Corroios, families often prioritize cost-effectiveness, making the high asking price a deterrent. Buy-and-hold Investing in this property as a buy-and-hold strategy may prove challenging, as its valuation of €330,000 exceeds the calculated fair value, suggesting limited appreciation potential. The 3.3% gross yield indicates that while there may be stable rental income, the investment is likely to underperform relative to market expectations given its current price point.
Tenant turnover risk High tenant turnover risk may arise due to a lower tenant stability score of 70/100, potentially affecting rental income and property cash flow.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
