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, 1-bathroom house of 51 m². Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The property features a small courtyard with a barbecue, perfect for outdoor entertaining, and offers the potential to build an additional floor for increased living space.
The valuation. The asking price of €228,000 significantly exceeds the fair value of €57,820, resulting in an overpricing of €170,180 (74.6%). This property is not positioned as a value opportunity based on its current financial metrics.
Fair value modelled at €57,820 from the area baseline, adjusted for condition and location. Asking €228,000 sits €170,180 (74.6%) above — overpriced versus fair value.
Asking €228,000 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €80,988 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 44/100 (Condition 42 · Materials 45 · Room dimensions 48). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 54/100 (Housing Market 50 · Amenities 50 · Economic 55 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Setúbal (São Sebastião), Setúbal, Setúbal
Area baseline €80,988 + condition -€24,464 + location +€1,296 = modelled fair value of €57,820 (€1,134/m²), a €170,180 (74.6%) gap versus the €228,000 asking price.
Long-term rental The property in Setúbal is overpriced at €228,000, with a fair value of only €57,820, representing a staggering 74.6% gap. Given the low gross yield of 4% and the neighborhood's lack of urban amenities, this investment is not likely to generate attractive returns in the long term. Value-add renovation While potential exists for increasing the property's value through renovations, the current listed price of €228,000 far exceeds its fair value, indicating it is overpriced. With a condition score of 44/100, significant investment would be required to make this property competitive, yet the economic environment and demand factors suggest limited upside after renovation. Not ideal for short-term vacation rental The house's pricing and neighborhood characteristics do not support the viability of a short-term vacation rental strategy, particularly given the fair value of €57,820 versus the listing price. This indicates that any potential rental income would likely not justify the cost of acquisition and upkeep in a less populated area with limited amenities. Not ideal for student housing The property is not well-suited for student housing, as it is overpriced and located in a less desirable area lacking urban amenities. The housing market conditions and economic opportunities in Setúbal suggest that demand for student housing will be weak, making this strategy riskier and less attractive.
Economic and Tenant Instability The property has a lower economic stability score of 55/100 and a tenant stability score of 55/100, indicating potential difficulties in maintaining consistent rental income and attracting reliable tenants.
