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.
1-bedroom, 1-bathroom apartment of 78 m² on the 3rd floor. Located Sines parish, Sines municipality, Setúbal district. This apartment features custom cabinetry and consistent flooring throughout, enhancing its functional layout while offering a pleasant balcony for outdoor relaxation.
The valuation. The asking price of €225,000 sits €50,961 (18.5%) below the fair value of €275,961, indicating the property is underpriced relative to market expectations. This presents a solid opportunity for prospective buyers. Buy-to-flip angle. With strategic renovations focused mainly on enhancing kitchen finishes and updating basic materials, a resale strategy could significantly increase the market appeal and value. Investors can target a competitive sell price by leveraging the property’s attractive coastal location. Buy-to-let angle. Estimated rental income is around €844 per month, yielding 4.5% annually, making the property a viable option for long-term rental. The appeal of family rentals in a mixed neighborhood may provide consistent income.
Fair value modelled at €275,961 from 6 comparable sales in the area. Asking €225,000 sits €50,961 (18.5%) below — the upside to fair value.
Asking €225,000 versus the Sines, Sines, Setúbal area baseline of €273,904 (€3,512/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 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 €273,904, adjusted for condition and micro-location, gives a modelled fair value of €275,961 (€3,538/m²), a €50,961 (18.5%) gap versus the €225,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Sines · 53ca16 | Subject | €225,000 | €2,885 | — | 71 | 50 |
| Sines · 800594 | Active | €325,000 | €3,533 | 22.5% | 75 | 42 |
| Sines · 439177 | Active | €320,000 | €3,902 | 35.3% | 70 | 45 |
| Sines · 49b942 | Active | €270,000 | €3,803 | 31.8% | 70 | 46 |
| rua do Parque | Active | €450,000 | €3,543 | 22.8% | 71 | 46 |
| Median comp | €322,500 | €3,673 | 27.3% | 71 | 46 |
Long-term rental The 1-bed apartment in Sines presents a compelling opportunity for long-term rental given its fair value of €275,961 compared to the listing price of €225,000, resulting in an 18.5% gap. With a gross yield of 4.5% and a fair condition rating of 69, this property could attract steady tenants in the growing rental market. Family rental Designed for family rental purposes, this apartment’s spacious 78m² and proximity to the coast are appealing features, despite its 50/100 neighbourhood rating. The property’s subvalorizada status and attractive yield could make it a desirable option for families seeking affordable living in a scenic rural setting.
Weak Economic and Tenant Stability With an economic stability score of 40/100 and tenant stability score of 50/100, the property faces significant risks related to income consistency and potential vacancy issues, indicating an unstable investment environment.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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