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, 2-bathroom house of 72 m², energy rating B. Located on largo Afonso de Albuquerque, 4, Sines parish, Sines municipality, Setúbal district. Noteworthy Features: The property includes a converted attic space illuminated by a Velux window, ideal for creating a bright home office or leisure area. Location Highlights: Situated in Sines' Historical Center, it offers close proximity to shops and restaurants.
The valuation. The asking price of €390,000 is significantly higher than the fair value of €238,204, representing an overpricing of €151,796 (63.7%). This price discrepancy suggests that potential buyers should approach with caution.
Fair value modelled at €238,204 from 6 comparable sales in the area. Asking €390,000 sits €151,796 (63.7%) above — overpriced versus fair value.
Asking €390,000 versus the largo Afonso de Albuquerque, 4 area baseline of €220,448 (€3,062/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 €220,448, adjusted for condition and micro-location, gives a modelled fair value of €238,204 (€3,308/m²), a €151,796 (63.7%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| largo Afonso de Albuquerque, 4 | Subject | €390,000 | €5,417 | — | 75 | 44 |
| Sines · 468091 | Active | €415,000 | €3,952 | 27.0% | 70 | 44 |
| Sines · f365ab | Active | €300,000 | €2,857 | 47.3% | 75 | 48 |
| Sines · c498c6 | Active | €790,000 | €3,074 | 43.3% | 78 | 42 |
| rua Miguel Bombarda | Active | €250,000 | €2,874 | 46.9% | 60 | 39 |
| Median comp | €357,500 | €2,974 | 45.1% | 73 | 43 |
Long-term rental The current listing price of €390,000 reflects a significant 63.7% gap from the estimated fair value of €238,204, indicating that this property is overpriced. With a gross yield of only 2.2%, the potential for steady rental income does not justify the elevated price in a rural location. Buy-and-hold Investing in this property as a buy-and-hold strategy presents challenges due to its current valuation being 63.7% above fair value, positioning it as overpriced. Given the low neighborhood score of 44/100, the potential for long-term appreciation seems limited in this agricultural region. Value-add renovation Although renovating the property could enhance its appeal, the significant gap between the listing price and fair value suggests it is overpriced at €390,000. The poor neighborhood rating further complicates the outlook for a successful value-add transformation, limiting the potential return on investment.
Economic volatility risk With an economic stability score of 35/100, there is a significant risk of fluctuating market conditions that could impact rental income and property value over time.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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