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 87 m² on the 4th floor. Located on rua Antonio Lopes-Silva, 20, Porto Covo parish, Sines municipality, Setúbal district. Unique feature: This apartment boasts a sunroom with expansive sea views, enhancing bright living spaces and providing a serene escape within a vibrant coastal community.
The valuation. The asking price of €275,000 sits €42,602 (13.4%) below the fair value of €317,602. This property is underpriced compared to its market potential.
Fair value modelled at €317,602 from 6 comparable sales in the area. Asking €275,000 sits €42,602 (13.4%) below — the upside to fair value.
Asking €275,000 versus the rua Antonio Lopes-Silva, 20 area baseline of €276,800 (€3,182/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €276,800, adjusted for condition and micro-location, gives a modelled fair value of €317,602 (€3,651/m²), a €42,602 (13.4%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Antonio Lopes-Silva, 20 | Subject | €275,000 | €3,161 | — | 70 | 41 |
| Porto Covo · 7cad2c | Active | €560,000 | €3,027 | 4.2% | 80 | 46 |
| rua Júlio Gomes da Silva | Active | €446,000 | €2,805 | 11.3% | 64 | 37 |
| Porto Covo · 82c64e | Active | €550,000 | €5,140 | 62.6% | — | 46 |
| rua Candido da Silva, 1 | Active | €565,000 | €3,870 | 22.4% | — | 44 |
| Median comp | €555,000 | €3,449 | 9.1% | 72 | 45 |
Long-term rental This 2-bed apartment in Porto Covo presents a potential long-term rental opportunity, with a fair value indicating a 13.4% gap that reflects the current market's underpricing. Although the property currently yields 0% gross, its larger-than-average size offers room for future appreciation as the area develops. Family rental As a family rental, this property can attract long-term tenants looking for stable accommodation in a rural setting, despite the low neighborhood rating of 41/100. The fair value of €317,602 suggests that the apartment's pricing is favorable for families seeking space and affordability in an area where economic activity is dominated by agriculture. Buy-and-hold Investing in this 2-bed apartment as a buy-and-hold strategy could provide significant returns, especially considering the 13.4% gap to fair value. Despite the neighborhood's limited amenities and moderate condition score of 67/100, the growth potential in this underpriced property aligns with a long-term investment plan.
Low Economic Resilience With an economic stability score of 35, the property is at high risk for declining market conditions, which could negatively impact rental income and tenant demand, particularly as tenant stability is only moderately stable at 55.
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