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, 2-bathroom house of 156 m², built in 2008, energy rating C. Located on rua João Vaz Corte Real, Azeitão (São Lourenço e São Simão) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The property includes a well-kept outdoor leisure area with a barbecue, alongside upgraded security features like a video surveillance system and a recently improved alarm system.
The valuation. The asking price of €475,000 is above the fair value of €447,237, indicating an overpricing of €27,763 (5.8%). This reflects the potential risks for investors considering this property. Buy-to-flip angle. A resale strategy may involve enhancing the property’s appeal through aesthetic renovations, aiming for a quick turnover in a growing market like Setúbal. Buy-to-let angle. With a gross yield of 4%, the estimated rental income of €1,583 per month positions this property as a decent buy-to-let option, catering to families seeking suburban living near Lisbon.
Fair value modelled at €447,237 from the area baseline, adjusted for condition and location. Asking €475,000 sits €27,763 (5.8%) above — overpriced versus fair value.
Asking €475,000 versus the rua João Vaz Corte Real area baseline of €412,776 (€2,646/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 80 · Materials 77 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 66/100 (Housing Market 72 · Amenities 65 · Economic 68 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua João Vaz Corte Real
Area baseline €412,776 + condition +€8,044 + location +€26,418 = modelled fair value of €447,237 (€2,867/m²), a €27,763 (5.8%) gap versus the €475,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua João Vaz Corte Real | Subject | €475,000 | €3,045 | — | 80 | 66 |
| travessa do Falcão | Active | €798,000 | €3,034 | 0.3% | 76 | 59 |
| rua de Paris, 8 | Active | €750,000 | €3,488 | 14.6% | 75 | 63 |
| Azeitão (São Lourenço e São Simão) · 090122 | Active | €750,000 | €3,488 | 14.6% | 73 | 75 |
| rua Vasco Queimado, 18 | Active | €380,000 | €3,455 | 13.5% | 70 | 63 |
| Median comp | €750,000 | €3,472 | 14.0% | 74 | 63 |
Long-term rental The property appears to be overpriced with a listing price of €475,000, which exceeds the fair value of €447,237 by 5.8%. Given the gross yield of 4% and the condition and neighborhood ratings, long-term rental may not yield sufficient returns relative to the initial investment. Family rental At a listing price of €475,000, this property is overpriced compared to the fair value of €447,237, representing a 5.8% gap. While the home's condition is decent at 78/100, the neighborhood rating of 66/100 suggests that it may not attract family renters effectively, leading to lower desirability. Buy-and-hold Listing at €475,000 makes this property overpriced, as it exceeds the fair value of €447,237 by 5.8%. Although Setúbal offers a suburban lifestyle with proximity to Lisbon, the current valuation does not support a compelling buy-and-hold investment strategy with limited expected appreciation. Not ideal for luxury market The property, with a listing price of €475,000, is overpriced compared to its fair value of €447,237 and falls short in terms of luxury appeal. The neighborhood score of 66/100 does not support a strong luxury market positioning. Not ideal for short-term vacation rental The current listing of €475,000 is above the fair value of €447,237, indicating that this property is overpriced. Given the neighborhood shortcomings and moderate condition rating, it may struggle to attract short-term rental guests effectively.
Economic Vulnerability With an economic stability score of 68/100 and a tenant stability score of 60/100, this property faces potential fluctuations in rental income due to economic uncertainties and weaker tenant retention.
