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, 3-bathroom house of 230 m², energy rating B. Located Azeitão (São Lourenço e São Simão) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This property offers direct access to scenic walking trails in Arrábida Natural Park, and the garden areas foster a serene, private retreat ambiance within the condominium.
The valuation. The asking price of €490,000 sits significantly below its fair value of €661,498, representing a discount of €171,498 (35.0%). This property is securely undersold in the current market landscape. Buy-to-flip angle. With high-quality finishes and modern fixtures, this 3-bed, 3-bath house can be enhanced further through value-added renovation, allowing for a profitable resale strategy in a competitive market. Buy-to-let angle. The estimated gross yield of 5% equates to approximately €2,042 per month, making this property an attractive option for long-term family rentals, leveraging the growing demand in the area.
Fair value modelled at €661,498 from the area baseline, adjusted for condition and location. Asking €490,000 sits €171,498 (35.0%) below — the upside to fair value.
Asking €490,000 versus the Azeitão (São Lourenço e São Simão), Setúbal, Setúbal area baseline of €608,580 (€2,646/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 80 · Room dimensions 74). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 65 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Azeitão (São Lourenço e São Simão), Setúbal, Setúbal
Area baseline €608,580 + condition +€1,797 + location +€51,121 = modelled fair value of €661,498 (€2,876/m²), a €171,498 (35.0%) gap versus the €490,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Azeitão (São Lourenço e São Simão) · 1e612a | Subject | €490,000 | €2,130 | — | 72 | 71 |
| rua Serra do Ansião | Active | €475,000 | €2,714 | 27.4% | 82 | 65 |
| rua António Maria de Carvalho | Active | €495,000 | €2,475 | 16.2% | 79 | 62 |
| Sesimbra (Castelo) · 261fec | Active | €520,000 | €2,796 | 31.2% | 80 | 71 |
| Quinta do Conde · 0238b4 | Active | €350,000 | €3,684 | 72.9% | 75 | 61 |
| Median comp | €485,000 | €2,755 | 29.3% | 80 | 64 |
Long-term rental The property in Azeitão presents a strong opportunity for long-term rental, with a gross yield of 5% indicating a solid return on investment. Given the positive neighborhood rating of 71/100 and fair market conditions, the demand for stable tenants is likely to grow. Family rental This 3-bed house is well-suited for family rental, complementing its location with Azeitão's proximity to Setúbal which enhances employment opportunities. The property's size and condition, scoring 76/100, make it appealing to families seeking both comfort and accessibility. Value-add renovation Investing in value-add renovations could significantly uplift the property's fair value, currently estimated at €661,498, thus providing a 35% gap under current pricing. With some improvements and adjustments, the property can not only increase its appeal but also enhance the return potential in a steady housing market.
Economic Sensitivity The property has an economic stability score of 70/100, indicating potential vulnerability to economic downturns that could affect rental income and property value.