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 99 m² on the 2nd floor, built in 1987, energy rating C. Located on rua Fernão Lopes, 7, Alcochete parish, Alcochete municipality, Setúbal district. Noteworthy Features: The apartment showcases elegant marble staircases and granite countertops, indicative of its well-maintained status, alongside practical glass block partitions from its original design era.
The valuation. The asking price of €298,000 is significantly beneath the fair value of €360,346, indicating a discount of €62,346 or 17.3%. This property is underpriced and represents a compelling opportunity for potential buyers.
Fair value modelled at €360,346 from 6 comparable sales in the area. Asking €298,000 sits €62,346 (17.3%) below — the upside to fair value.
Asking €298,000 versus the rua Fernão Lopes, 7 area baseline of €337,837 (€3,412/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €337,837, adjusted for condition and micro-location, gives a modelled fair value of €360,346 (€3,640/m²), a €62,346 (17.3%) gap versus the €298,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Fernão Lopes, 7 | Subject | €298,000 | €3,010 | — | 67 | 57 |
| Alcochete · 5e6482 | Active | €390,000 | €3,277 | 8.9% | 73 | 54 |
| avenida Dom Manuel I Farmácias | Active | €360,000 | €3,462 | 15.0% | — | 49 |
| Alcochete · a805cd | Active | €330,000 | €3,235 | 7.5% | 70 | 49 |
| rua Ruy de Sousa Vinagre | Active | €210,000 | €3,818 | 26.8% | 65 | 48 |
| Median comp | €345,000 | €3,370 | 11.9% | 70 | 49 |
Long-term rental With a fair value of €360,346, this 2-bed apartment in Alcochete is currently listed at €298,000, representing an attractive opportunity with a 17.3% gap to fair value. Given its 4% gross yield and acceptable condition rating of 72/100, it stands as a solid option for sustained rental income in a semi-rural setting. Family rental The property's positioning and family-sized layout make it well-suited for longer-term family rentals, capitalizing on its lower price point relative to fair value. Despite a neighbourhood rating of 57/100, which indicates some limitations in amenities, the apartment can serve as a comfortable family home close to major industrial areas in Setúbal. Value-add renovation Investors may consider value-add renovation strategies to enhance property appeal and increase rental income potential, especially since it is still relatively underpriced. The current condition rating of 72/100 suggests there is room for improvement that can align it closer to its fair value.
Increase in Vacancy Risk A combination of the economic stability score of 60 and tenant stability score of 60 suggests potential difficulties in retaining tenants, which may lead to increased vacancy rates.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
