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, 2-bathroom house of 149 m², built in 1988, energy rating D. Located Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. This property offers a versatile attic conversion and a terrace that enhances leisure opportunities, ideal for customization to suit personal preferences.
The valuation. The asking price of €310,000 is notably underpriced compared to the fair value of €345,987, creating an opportunity for serious investors. The difference of €35,987 (11.6%) indicates potential for appreciation upon renovation or resale.
Fair value modelled at €345,987 from the area baseline, adjusted for condition and location. Asking €310,000 sits €35,987 (11.6%) below — the upside to fair value.
Asking €310,000 versus the Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça), Setúbal, Setúbal area baseline of €409,154 (€2,746/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 56/100 (Condition 54 · Materials 58 · Room dimensions 61). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 47/100 (Housing Market 35 · Amenities 50 · Economic 40 · Tenant Quality 60). Softer demand indicators apply a discount to baseline.
Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça), Setúbal, Setúbal
Area baseline €409,154 + condition -€43,536 + location -€4,731 = modelled fair value of €345,987 (€2,322/m²), a €35,987 (11.6%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 38bad4 | Subject | €310,000 | €2,081 | — | 54 | 47 |
| rua da Brasileira | Active | €250,000 | €3,012 | 44.8% | 48 | 49 |
| estrada das Machadas | Active | €440,000 | €1,739 | 16.4% | 72 | 49 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 6d5553 | Active | €360,000 | €3,600 | 73.0% | 65 | 55 |
| rua Batalha do Viso, 208 | Active | €350,000 | €2,778 | 33.5% | 78 | 49 |
| Median comp | €355,000 | €2,895 | 39.1% | 69 | 49 |
Long-term rental The property offers a gross yield of 5%, which is appealing for long-term rental investors seeking stable cash flows. With a fair value that exceeds the listing price by 11.6%, there is potential for healthy appreciation over time. Value-add renovation Given the property's condition rating of 56/100, there is room for improvement through value-add renovations that could enhance both its livability and market value. Investing in upgrades would likely increase both tenant quality and rental yields, capitalizing on the 11.6% gap to fair value. Short-term vacation rental Due to its rural setting and a neighborhood rating of 47/100, the property is not well-suited for short-term vacation rentals. The local amenities and tenant quality suggest more stable demand would come from long-term tenants rather than transient guests.
High Economic Risk With an economic stability score of 40/100, the property is exposed to significant risks related to local economic downturns which may impact tenant demand and rental income stability.
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