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.
1-bedroom, 1-bathroom apartment of 64 m² on the 3rd floor, energy rating D. Located on rua 1º de Dezembro, 8H, Sines parish, Sines municipality, Setúbal district. Noteworthy Features: The apartment includes a sunroom that extends the usable space, offering potential for personal customization and additional functionality. Location Benefit: Situated in the central Ancorope Building, enhancing its appeal for investment.
The valuation. The asking price of €250,000 sits €23,571 (10.4%) above the fair value of €226,429, indicating it is priced at a premium. This price reflects a fair valuation level for the current market dynamics.
Fair value modelled at €226,429 from 6 comparable sales in the area. Asking €250,000 sits €23,571 (10.4%) above — overpriced versus fair value.
Asking €250,000 versus the rua 1º de Dezembro, 8H area baseline of €197,834 (€3,091/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €197,834, adjusted for condition and micro-location, gives a modelled fair value of €226,429 (€3,538/m²), a €23,571 (10.4%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 1º de Dezembro, 8H | Subject | €250,000 | €3,906 | — | 72 | 48 |
| Sines · 49b942 | Active | €270,000 | €3,803 | 2.6% | 70 | 46 |
| Sines · 439177 | Active | €320,000 | €3,902 | 0.1% | 70 | 45 |
| Sines · 53ca16 | Active | €225,000 | €2,885 | 26.2% | 71 | 50 |
| Sines · 800594 | Active | €325,000 | €3,533 | 9.6% | 75 | 42 |
| Median comp | €295,000 | €3,668 | 6.1% | 71 | 46 |
Long-term rental The 1-bed apartment in Sines offers a fair yield of 3.6%, making it a moderate option for long-term rental in a rural area with limited amenities. However, the gap of 10.4% from its fair value indicates that while the investment is reasonable, it's essential to consider market dynamics that could limit rental growth. Value-add renovation Investing in value-add renovation could enhance the apartment’s condition rating from 75 to a higher score, potentially attracting better tenants and increasing rental demand in a neighbourhood with a score of 48. Nevertheless, given its fair valuation, care should be taken to ensure that renovation costs do not surpass the potential increase in value and rental income.
Economic Vulnerability With an economic stability score of 35/100, there is a significant risk of declining market conditions impacting rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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