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 80 m² on the 1st floor, built in 1986, energy rating C. Located on praceta Gomes Leal, 1, Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: The apartment includes a well-arranged central corridor enhancing space efficiency and features two balconies for outdoor relaxation, enhancing its overall appeal in a competitive market.
The valuation. The property is listed at €285,000, which is approximately 6.8% below the fair value of €305,846. This positions the property as a sound investment opportunity, pricing it at €3,563/m². Buy-to-flip angle. The strategy involves executing a value-add renovation to enhance the property’s appeal, subsequently targeting a resale at a higher price in the growing Corroios market. A well-executed flip could capitalize on the suburb's proximity to Lisbon. Buy-to-let angle. With an estimated gross yield of 3.7%, the property is expected to generate around €879 per month in rental income, making it an attractive option for long-term family rentals given the neighborhood's amenities and economic potential.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Gomes Leal, 1 | Subject | €285,000 | €3,563 | — | — | 76 |
| praceta Bento Moura | Active | €249,500 | €4,158 | 16.7% | 68 | 73 |
| Laranjeiro e Feijó · 91142f | Active | €245,000 | €3,267 | 8.3% | 58 | 78 |
| alameda de Guerra Junqueiro | Active | €299,000 | €4,096 | 15.0% | 60 | 77 |
| parque da Paz | Active | €242,000 | €3,184 | 10.6% | — | 82 |
| Median comp | €247,250 | €3,682 | 3.3% | 60 | 78 |
Long-term rental The 2-bed apartment in Corroios presents a gross yield of 3.7%, aligning well with a stable rental demand due to its proximity to Lisbon's labor market. With a fair value of €305,846 and a listing price of €285,000, the investment remains attractive without significant upside potential in appreciation. Value-add renovation While the property is currently in poor condition (0/100), strategic renovations could enhance its value, making it suitable for the growing demand for modern living spaces in suburban Lisbon. However, the apartment's fair value indicates there is limited room for significant appreciation beyond its current listing price of €285,000. Family rental The apartment's location boasts a neighborhood score of 76/100, which is favorable for family tenants seeking quality amenities and good public facilities. Although the 3.7% yield is reasonable, the property remains priced at fair value, suggesting minimal financial advantages for family-oriented rental strategies compared to other investments. Not ideal for: Short-term vacation rental, Student housing, Luxury market Given the overall fair value status and average condition of the property, it is unlikely to attract short-term vacationers or higher-end tenants. The local area's characteristics also do not support a competitive offering for student housing, making these strategies less suitable for this investment.
Economic downturn risk With an economic stability score of 80/100, there is potential for market fluctuations that could negatively affect tenant retention and rental income, especially given the lower tenant stability score of 70/100.
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