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 125 m² on the 1st floor, built in 1989, energy rating D. Located Sines parish, Sines municipality, Setúbal district. Noteworthy Feature: This apartment includes three balconies that enhance natural light and outdoor access, while its retro finishes provide unique character and potential for creative renovation.
The valuation. The asking price of €350,000 is slightly below the fair value of €361,106, making it a reasonably priced option. The property sits at 3.1% lower than market expectations, reflecting a fair valuation without significant pricing discrepancies.
Fair value modelled at €361,106 from 6 comparable sales in the area. Asking €350,000 sits €11,106 (3.1%) below — the upside to fair value.
Asking €350,000 versus the Sines, Sines, Setúbal area baseline of €325,986 (€2,608/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €325,986, adjusted for condition and micro-location, gives a modelled fair value of €361,106 (€2,889/m²), a €11,106 (3.1%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Sines · 51cecb | Subject | €350,000 | €2,800 | — | 58 | 46 |
| Sines · dee60f | Active | €150,000 | €1,765 | 37.0% | 60 | 50 |
| rua do Parque | Active | €450,000 | €3,543 | 26.5% | 71 | 46 |
| Sines · 467f1a | Active | €435,000 | €2,900 | 3.6% | 68 | 39 |
| Sines · 6a948b | Active | €400,000 | €2,878 | 2.8% | 68 | 48 |
| Median comp | €417,500 | €2,889 | 3.2% | 68 | 47 |
Long-term rental This 3-bed apartment in Sines presents a reasonable gross yield of 5.4%, making it an acceptable option for long-term rental investors. With a fair value that is slightly above the listing price, ongoing rental demand can be supported by the region's stable, rural economy, though the limited amenities may affect tenant appeal. Family rental The apartment is positioned to cater to families with its spacious 125m² layout, but the 46/100 neighbourhood score suggests that attracting tenants may be challenging due to limited local infrastructure and services. Despite a fair price, the rural context could impact tenant retention and overall rental income stability. Short-term vacation rental Given the area's predominantly rural character and limited amenities, this property would struggle to compete in the short-term vacation rental market. The combination of a fair valuation and low neighbourhood score indicates that investment returns may fall short of expectations in this strategy. Student housing The apartment's location in a rural area poses significant challenges for student housing viability, particularly due to the limited infrastructure and amenities. This, combined with the property's fair valuation, makes it a less-than-ideal investment for targeting the student demographic.
Low Economic Stability Risk The economic stability score of 35/100 indicates a high risk of fluctuations in rental income and potential tenant turnover due to adverse economic conditions.
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