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, 3-bathroom house of 94 m², built in 1994, energy rating C. Located Porto Covo parish, Sines municipality, Setúbal district. Noteworthy Features: This property boasts an attic conversion with two Velux windows, offering additional natural light and potential for a guest room or office, enhancing its versatility.
The valuation. The asking price of €470,000 is slightly above the fair value of €449,308, representing a difference of €20,692 (4.6%). This property is considered fair in terms of its pricing relative to market standards.
Fair value modelled at €449,308 from 6 comparable sales in the area. Asking €470,000 sits €20,692 (4.6%) above — overpriced versus fair value.
Asking €470,000 versus the Porto Covo, Sines, Setúbal area baseline of €379,854 (€4,041/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €379,854, adjusted for condition and micro-location, gives a modelled fair value of €449,308 (€4,780/m²), a €20,692 (4.6%) gap versus the €470,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Porto Covo · 0c0640 | Subject | €470,000 | €5,000 | — | 76 | 45 |
| rua Dilara da Silva | Active | €1,150,000 | €5,959 | 19.2% | 73 | 44 |
| Porto Covo · 90d8c7 | Active | €1,100,000 | €4,508 | 9.8% | 75 | 39 |
| Porto Covo · 25f8bd | Active | €850,000 | €2,623 | 47.5% | — | 43 |
| Porto Covo · 956cfb | Active | €1,200,000 | €2,824 | 43.5% | 72 | 40 |
| Median comp | €1,125,000 | €3,666 | 26.7% | 73 | 42 |
Long-term rental This property is fairly priced at €470,000, showing a marginal gap of 4.6% over the fair value of €449,308. However, with a gross yield of 0% and a low tenant quality rating of 45, the long-term rental strategy may not attract consistent demand in the current market environment. Family rental Given the lack of employment opportunities and limited housing demand in the rural Alentejo region, this property is unlikely to provide a stable family rental. Although it is priced fairly at €470,000, the neighbourhood’s low overall rating of 45 suggests that families may not find this an appealing option for long-term residence.
High Vacancy Risk There is a concerning likelihood of tenant turnover and prolonged vacancies given the low tenant stability score of 40/100, compounded by an economic stability score of only 35/100 that suggests an unstable rental market.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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