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 2nd floor, built in 1980, energy rating B. Located Corroios parish, Seixal municipality, Setúbal district. Highlights: The apartment features an open space layout with an integrated kitchen island offering additional storage, and both bedrooms have direct access to a private balcony, enhancing outdoor living options.
The valuation. The asking price of €350,000 is significantly above the fair value of €297,143, creating an excess of €52,857 (17.8%). This property is considered overpriced based on its current market conditions.
Fair value modelled at €297,143 from 5 comparable sales in the area. Asking €350,000 sits €52,857 (17.8%) above — overpriced versus fair value.
Asking €350,000 versus the Corroios, Seixal, Setúbal area baseline of €239,743 (€2,997/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €239,743, adjusted for condition and micro-location, gives a modelled fair value of €297,143 (€3,714/m²), a €52,857 (17.8%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Corroios · 07fd81 | Subject | €350,000 | €4,375 | — | 90 | 76 |
| Corroios · 62263e | Active | €390,000 | €3,714 | 15.1% | 80 | 69 |
| rua Ermelinda Belo | Active | €425,000 | €3,373 | 22.9% | 75 | 66 |
| avenida Luís de Camões, 41 | Active | €199,000 | €4,422 | 1.1% | 75 | 69 |
| rua do Antigo | Active | €496,000 | €2,681 | 38.7% | 76 | 73 |
| Median comp | €407,500 | €3,544 | 19.0% | 76 | 69 |
Long-term rental This property is overpriced by 17.8%, suggesting that potential rental income may not sufficiently cover the initial investment costs. With a gross yield of only 2.8%, this unit likely fails to provide the robust returns typically sought in long-term rental investments. Buy-and-hold Given its price of €350,000 compared to a fair value of €297,143, this property does not align with the purchase criteria for a buy-and-hold strategy. Investors may find the anticipated appreciation insufficient to justify the property's current valuation over time. Family rental The offering price makes this property less appealing for family rentals, as it is overvalued and may not attract desirable tenants at this rental rate. The unit's proximity to schools and local amenities is a plus; however, the high cost limits its attractiveness in the family rental market.
Potential Economic Downturn The economic stability score of 80 indicates a strong economy, but the tenant stability score of 70 suggests that there may be fluctuations in tenant retention, which could lead to potential vacancies during economic downturns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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