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.
4-bedroom, 3-bathroom house of 326 m², built in 2005, energy rating C. Located on rua da Várzea, 153, Alcochete parish, Alcochete municipality, Setúbal district. This property features a unique four-floor layout that promotes intuitive circulation and abundant natural light, enhancing the overall spacious feel and functionality for family living.
The valuation. The asking price of €589,000 is above the fair value of €562,963, indicating an overpricing of €26,037 (4.4%). This property does not represent a favorable deal given its valuation relative to the market. Buy-to-flip angle. A resale strategy could potentially yield a profit, though the current asking price limits attractive margins for a quick flip in the Alcochete market. Careful renovations may be necessary to boost resale value amid competition. Buy-to-let angle. With an estimated gross yield of 4.3%, generating approximately €2,111 monthly aligns well with a long-term rental strategy, making this property a reasonable buy-and-hold investment. The above-average finishes can attract quality tenants.
Fair value modelled at €519,759 from the area baseline, adjusted for condition and location. Asking €589,000 sits €69,241 (11.8%) above — overpriced versus fair value.
Asking €589,000 versus the rua da Várzea, 153 area baseline of €517,688 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 51/100 (Housing Market 50 · Amenities 50 · Economic 60 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua da Várzea, 153
Area baseline €517,688 + condition +€0 + location +€2,071 = modelled fair value of €519,759 (€1,594/m²), a €69,241 (11.8%) gap versus the €589,000 asking price.
Long-term rental With a gross yield of 4.3%, this investment strategy may provide stable income, but the property appears overpriced at €589,000 compared to the fair value of €562,963, creating a gap of 4.4%. The mixed housing and industrial profile of the Setúbal area, alongside relatively low neighborhood ratings, indicates a challenging environment for attracting quality tenants. Buy-and-hold The property’s valuation at €589,000 suggests weak upside potential given its fair value of €562,963, rendering it overpriced by 4.4%. Long-term appreciation may be hindered by the mediocre neighborhood scores and mixed community resources, which could impact future resale value.
Limited tenant demand The low tenant stability score of 55/100 indicates potential challenges in attracting and retaining tenants, which could affect rental income stability.
