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 253 m², energy rating D. Located on estrada das Machadas, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The property boasts a spacious outdoor area of approximately 170 m², ideal for gardening or al fresco dining, enhancing its appeal for relaxation and entertainment. Condicionantes Notáveis: A propriedade possui uma vasta área exterior de aproximadamente 170 m², ideal para jardinagem ou refeições ao ar livre, aumentando o seu apelo para relaxamento e entretenimento.
The valuation. The asking price of €440,000 sits significantly below the fair value of €646,599, indicating the property is underpriced by €206,599 (47.0%). This presents a compelling opportunity for investment.
Fair value modelled at €646,599 from the area baseline, adjusted for condition and location. Asking €440,000 sits €206,599 (47.0%) below — the upside to fair value.
Asking €440,000 versus the estrada das Machadas area baseline of €669,438 (€2,646/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 72 · Materials 68 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 49/100 (Housing Market 40 · Amenities 50 · Economic 45 · Tenant Quality 60). Softer demand indicators apply a discount to baseline.
estrada das Machadas
Area baseline €669,438 + condition -€20,161 + location -€2,678 = modelled fair value of €646,599 (€2,556/m²), a €206,599 (47.0%) gap versus the €440,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada das Machadas | Subject | €440,000 | €1,739 | — | 72 | 49 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 38bad4 | Active | €310,000 | €2,081 | 19.6% | 54 | 47 |
| rua Batalha do Viso, 208 | Active | €350,000 | €2,778 | 59.7% | 78 | 49 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · d7a412 | Active | €575,000 | €2,396 | 37.8% | 70 | 53 |
| Setúbal (São Sebastião) · 6d558b | Active | €249,000 | €3,609 | 107.5% | 80 | 47 |
| Median comp | €330,000 | €2,587 | 48.8% | 74 | 48 |
Long-term rental The property offers a significant gap between its listing price of €440,000 and the fair value of €646,599, indicating strong potential for long-term residential rental income. With a gross yield of 4.6%, this investment aligns well with the demand for stable housing in a more rural Setúbal community. Buy-and-hold Given the current market conditions, acquiring this house at €440,000 represents an attractive opportunity to hold a property that is currently subvalued by 47%. The potential for appreciation, combined with the steady rental yield, makes it a compelling choice for long-term investment strategies focused on value growth.
Economic Risk The low economic stability score of 45/100 suggests potential challenges in maintaining rental income and property value due to economic fluctuations.