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 apartment of 126 m² on the 2nd floor, built in 1996, energy rating D. Located on rua Estevão Rodrigues, 16, Alcochete parish, Alcochete municipality, Setúbal district. Noteworthy Features: The apartment boasts high thermal efficiency PVC frames with double glazing and thermal shutters, ensuring exceptional insulation and comfort throughout the seasons.
The valuation. The asking price of €355,000 sits €26,538 (7.0%) below the fair value of €381,538, indicating that this property is fairly priced for the market. Buy-to-flip angle. The strategy focuses on a value-add renovation to enhance the property’s appeal, potentially boosting resale value beyond the fair estimate after improvements. Buy-to-let angle. With an estimated monthly rental income of €1,243, the gross yield stands at 4.2%, positioning this property as a decent long-term investment for rental income.
Fair value modelled at €381,538 from 6 comparable sales in the area. Asking €355,000 sits €26,538 (7.0%) below — the upside to fair value.
Asking €355,000 versus the rua Estevão Rodrigues, 16 area baseline of €379,688 (€3,013/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 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 €379,688, adjusted for condition and micro-location, gives a modelled fair value of €381,538 (€3,028/m²), a €26,538 (7.0%) gap versus the €355,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Estevão Rodrigues, 16 | Subject | €355,000 | €2,817 | — | 72 | 53 |
| Alcochete · d059e6 | Active | €365,000 | €2,897 | 2.8% | 58 | 66 |
| Alcochete · 622a54 | Active | €287,500 | €3,159 | 12.1% | 68 | 60 |
| rua Estevão Rodrigues | Active | €330,000 | €2,895 | 2.7% | 71 | 53 |
| Alcochete · 831360 | Active | €330,000 | €2,895 | 2.7% | 70 | 48 |
| Median comp | €330,000 | €2,896 | 2.8% | 69 | 57 |
Long-term rental The property in Alcochete offers a gross yield of 4.2%, reflecting a reasonable return in a semi-rural area, yet it is aligned with the fair market valuation of €355,000. With a neighborhood score of 53/100, tenant demand may be moderate, impacting long-term rental appeal. Value-add renovation While the apartment’s condition is rated at 71/100, indicating potential for improvements, the property’s valuation is already close to its fair value, suggesting limited upside after renovations. A focus on enhancements could improve tenant quality and appeal, but returns may be constrained due to the current fair valuation status of €355,000.
Economic Instability Risk The property has an economic stability score of 45/100, indicating a high risk of economic fluctuations that could affect rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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