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 98 m², energy rating D. Located on travessa Alcochete, 4, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The property includes a spacious backyard perfect for outdoor leisure and a versatile front patio ideal for gatherings, enhancing its appeal for both residents and investors.
The valuation. The asking price of €299,000 is significantly higher than the fair value of €122,110, indicating a mismatch of €176,890 (59.2%). Verdict: overpriced.
Fair value modelled at €122,110 from the area baseline, adjusted for condition and location. Asking €299,000 sits €176,890 (59.2%) above — overpriced versus fair value.
Asking €299,000 versus the travessa Alcochete, 4 area baseline of €155,624 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 52/100 (Condition 50 · Materials 60 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 52/100 (Housing Market 45 · Amenities 55 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
travessa Alcochete, 4
Area baseline €155,624 + condition -€34,759 + location +€1,245 = modelled fair value of €122,110 (€1,246/m²), a €176,890 (59.2%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa Alcochete, 4 | Subject | €299,000 | €3,051 | — | 50 | 52 |
| rua da Areia, 148 | Active | €280,000 | €2,718 | 10.9% | 50 | 56 |
| Setúbal (São Sebastião) · b7b508 | Active | €228,000 | €4,471 | 46.5% | 42 | 54 |
| rua Cidade de Ouro Preto, 9 | Active | €450,000 | €1,607 | 47.3% | 60 | 56 |
| Gâmbia-Pontes-Alto da Guerra · 956bfc | Active | €450,000 | €3,571 | 17.1% | 65 | 55 |
| Median comp | €365,000 | €3,145 | 3.1% | 55 | 56 |
Long-term rental The property is overpriced at €299,000 compared to the fair value of €122,110, making the investment risky for long-term rental purposes. With a gross yield of only 4.2%, the returns do not justify the elevated purchase cost in a semi-rural area with moderate amenities. Buy-and-hold Given the significant gap of 59.2% between the listing price and fair value, this property does not present a favorable buy-and-hold opportunity. The current pricing, combined with a condition score of 52/100, suggests that long-term appreciation potential is limited in this neighborhood. Value-add renovation While renovations could improve the property’s appeal, the initial overpricing at €299,000 compared to the fair value of €122,110 undermines the strategy's potential upside. The current neighborhood conditions, with a score of 52/100, further indicate that any renovated value may not reach anticipated highs, rendering this strategy less viable. Not ideal for Short-term vacation rental, Luxury market, Student housing The property’s condition and neighborhood ratings suggest it is not suited for a short-term vacation rental, luxury market, or student housing. These segments typically require higher standards than what this property offers at its current price point.
Economic Vulnerability The economic stability score of 50/100 indicates a significant risk due to potential market fluctuations that could impact property value and rental income.
