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, 2-bathroom apartment of 146 m², energy rating D. Located on rua das Areias, 9, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The property includes a private garage with a wine cellar and features expansive east-west orientation, ensuring abundant natural light throughout the day.
The valuation. The asking price of €370,000 is below the fair value of €408,061, indicating the property is subvalued by €38,061 (10.3%). This presents a compelling opportunity for potential buyers.
Fair value modelled at €251,740 from the area baseline, adjusted for condition and location. Asking €370,000 sits €118,260 (32.0%) above — overpriced versus fair value.
Asking €370,000 versus the rua das Areias, 9 area baseline of €231,848 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 53/100 (Housing Market 50 · Amenities 55 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua das Areias, 9
Area baseline €231,848 + condition +€17,109 + location +€2,782 = modelled fair value of €251,740 (€1,724/m²), a €118,260 (32.0%) gap versus the €370,000 asking price.
Long-term rental Given the property is listed at €370,000, it presents an opportunity for long-term rental investment as it is underpriced by 10.3% compared to the fair value of €408,061. Although the 0% gross yield is a concern, the overall condition rating of 83/100 suggests that the investment may still attract stable tenants in the long run. Buy-and-hold Investing in this property as a buy-and-hold strategy could prove beneficial due to its current listing price being 10.3% below fair value, indicating potential appreciation over time. The reasonable condition score of 83/100 suggests that with proper management, the property can maintain or even increase its value in this rural location.
Economic Vulnerability With an economic stability score of 45/100, there is a significant risk of fluctuations in local market conditions that could impact rental income and property value.