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, 1-bathroom apartment of 91 m² on the 3rd floor, built in 1975. Located on rua Cidade de Luanda, 5, Corroios parish, Seixal municipality, Setúbal district. Noteworthy features: The apartment includes an unusually large private storage room of about 50 m², exclusively accessible through the apartment itself, adding significant value to the property.
The valuation. The asking price of €270,000 is €24,544 (8.3%) below the fair value of €294,544, indicating the property is fairly priced. This suggests a balanced market position without immediate red flags for investment. Buy-to-flip angle. A buy-to-flip strategy could yield potential profits through minor upgrades to improve aesthetics, capitalizing on the neighborhood’s suburban appeal. Quick turnover could maximize returns if renovations are completed efficiently within the current market. Buy-to-let angle. The property projected gross yield of 4.1% translates to approximately €922 per month in rental income, making it a stable long-term investment for family renters. With the right tenant profile, consistent income generation is anticipated for sustained cash flow.
Fair value modelled at €294,544 from 6 comparable sales in the area. Asking €270,000 sits €24,544 (8.3%) below — the upside to fair value.
Asking €270,000 versus the rua Cidade de Luanda, 5 area baseline of €292,066 (€3,210/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 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 €292,066, adjusted for condition and micro-location, gives a modelled fair value of €294,544 (€3,237/m²), a €24,544 (8.3%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cidade de Luanda, 5 | Subject | €270,000 | €2,967 | — | 60 | 78 |
| rua Adriano Correia de Oliveira S / N | Active | €299,000 | €2,990 | 0.8% | 65 | 73 |
| parque da Paz | Active | €294,000 | €3,379 | 13.9% | 55 | 74 |
| Laranjeiro e Feijó · 875123 | Active | €280,000 | €3,373 | 13.7% | 62 | 77 |
| Laranjeiro e Feijó · 3a6f79 | Active | €290,000 | €3,412 | 15.0% | 65 | 71 |
| Median comp | €292,000 | €3,376 | 13.8% | 64 | 74 |
Long-term rental The apartment in Corroios offers a fair yield of 4.1% gross, aligning with the current market expectations. Given its proximity to Lisbon and the reasonable neighbourhood score of 78/100, it stands as a stable option for a long-term rental strategy. Family rental With a spacious 91m² layout, this property caters well to families looking for quality suburban living. The overall condition rating of 55 ensures that the apartment can provide a comfortable environment for family tenants while benefiting from the neighbourhood's amenities. Buy-and-hold Investing in this property as a buy-and-hold strategy is appealing due to its fair pricing relative to the fair value of €294,544, just 8.3% below. The solid neighbourhood score and good proximity to Lisbon could contribute to appreciating value over time, making it a reasonable investment for the longer term.
Economic Vulnerability: With an economic stability score of 80/100, any downturn could significantly impact tenant stability, currently rated at 75/100, leading to potential vacancy risks and reduced rental income.
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