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.
3-bedroom, 2-bathroom house of 135 m², built in 1994, energy rating D. Located on rua Dom Francisco Manuel de Melo, Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: This townhouse boasts an expansive terrace designed for outdoor dining, complemented by a dedicated garage space and a convenient storage annex for added practicality.
The valuation. The asking price of €489,000 is only €835 (0.2%) above the fair value of €488,165, indicating that the property is priced fairly within the current market context.
Fair value modelled at €488,165 from 6 comparable sales in the area. Asking €489,000 sits €835 (0.2%) above — overpriced versus fair value.
Asking €489,000 versus the rua Dom Francisco Manuel de Melo area baseline of €467,160 (€3,460/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €467,160, adjusted for condition and micro-location, gives a modelled fair value of €488,165 (€3,616/m²), a €835 (0.2%) gap versus the €489,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom Francisco Manuel de Melo | Subject | €489,000 | €3,622 | — | 70 | 68 |
| rua das Giestas | Active | €499,000 | €3,006 | 17.0% | 80 | 76 |
| avenida Guerra Junqueiro, 48 | Active | €390,000 | €3,645 | 0.6% | — | 69 |
| Charneca de Caparica e Sobreda · 96c6c2 | Active | €669,000 | €3,737 | 3.2% | 80 | 75 |
| Charneca de Caparica e Sobreda · 38b626 | Active | €385,000 | €3,632 | 0.3% | 70 | 71 |
| Median comp | €444,500 | €3,639 | 0.4% | 80 | 73 |
Long-term rental This property in Corroios is positioned for steady long-term rental income given its close proximity to Lisbon, but with a gross yield of 2.6%, the returns are modest compared to potential investments. The fair value of €488,165, with only a 0.2% gap from the listing price, indicates that this investment aligns closely with market pricing. Family rental Targeting families in a market with a neighbourhood score of 68/100 could provide some level of tenant stability, though the condition rating of 65/100 suggests that some renovation may be necessary to attract families. However, given the fair valuation, this approach may yield just moderate returns, lacking significant upside potential. Buy-and-hold Adopting a buy-and-hold strategy may yield some capital appreciation over time due to the influence of Lisbon's economic and cultural dynamics, yet the current market conditions present limited value growth at a fair price of €489,000. With a marginal gap from fair value at 0.2%, the opportunity for substantial equity increase appears constrained in this investment scenario.
Economic Instability Risk The property's economic stability score of 70/100 indicates potential fluctuations in market conditions that could impact rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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