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 73 m² on the 8th floor, energy rating C. Located on rua Bernardo Santareno, 8, Corroios parish, Seixal municipality, Setúbal district. Noteworthy Features: This apartment features panoramic views of the surrounding area from the 8th floor balcony and includes convenient access to a nearby bus terminal. Valuation Verdict: Fair.
The valuation. The asking price of €249,000 sits €15,615 (5.9%) below the fair value of €264,615, aligning it closely with market expectations and indicating a fair valuation for potential buyers. Buy-to-flip angle. The buy-to-flip strategy would involve enhancing the apartment's appeal through minimal renovations, allowing for a higher resale price, benefiting from Lisbon's urban area's ongoing demand. Buy-to-let angle. For long-term rental, the estimated €664/month would produce a gross yield of 3.2%, making it an attractive option in a city renowned for its safety and amenities, appealing to tenants.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Bernardo Santareno, 8 | Subject | €249,000 | €3,411 | — | — | 80 |
| rua Bernardo Santareno, 5 | Active | €250,000 | €3,247 | 4.8% | — | 81 |
| Almada, Cova da Piedade, Pragal e Cacilhas · 1906ca | Active | €225,000 | €3,629 | 6.4% | 52 | 75 |
| parque da Paz | Active | €242,000 | €3,184 | 6.6% | — | 82 |
| Laranjeiro e Feijó · 0c05d1 | Active | €213,000 | €3,873 | 13.5% | 70 | 68 |
| Median comp | €233,500 | €3,438 | 0.8% | 61 | 78 |
Long-term rental The property offers a gross yield of 3.2%, which is relatively modest but consistent with the stable rental market in Corroios. Given the fair valuation of €249,000, this investment could provide steady rental income without significant appreciation potential. Short-term vacation rental While short-term rental demand may fluctuate, the 80/100 neighborhood score suggests a decent tourist appeal in this area of Lisbon. However, with a fair valuation slightly below market expectations, the competition may limit the potential for significant profit margins. Buy-and-hold The current market positioning places the property at a fair value, which may not yield significant appreciation over the long term. Investors should not expect substantial capital growth given the neighborhood scores and the overall condition of the property, which currently stands at 0/100. Not ideal for: Student housing The property's size and condition do not lend themselves well to the student housing market, where demand typically favors larger, well-maintained accommodations. The neighborhood's profile does not align with the primary desires of student tenants seeking vibrant communal living experiences.
Tenant turnover risk: With a tenant stability score of 75/100, there's a moderate risk of turnover potentially leading to vacancy periods and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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