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.
0-bedroom, 0-bathroom mix_use_building of 378 m², energy rating F. Located on rua Álvaro Castelões, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Unique Feature: The property offers an excellent visibility shop on the ground floor, strategically located in a revitalizing neighborhood with a thriving traditional commerce atmosphere.
The valuation. The asking price of €750,000 is significantly below the fair value of €897,342, yielding an underpricing of €147,342 (19.6%). This presents a favorable opportunity for potential investors seeking value enhancements.
Fair value modelled at €897,342 from the area baseline, adjusted for condition and location. Asking €750,000 sits €147,342 (19.6%) below — the upside to fair value.
Asking €750,000 versus the rua Álvaro Castelões area baseline of €1,000,188 (€2,646/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 54/100 (Condition 60 · Materials 66 · Room dimensions 52). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 55/100 (Housing Market 40 · Amenities 50 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua Álvaro Castelões
Area baseline €1,000,188 + condition -€122,850 + location +€20,004 = modelled fair value of €897,342 (€2,374/m²), a €147,342 (19.6%) gap versus the €750,000 asking price.
Value-add renovation The current listing price of €750,000 is notably lower than the fair value of €897,342, presenting a 19.6% gap that highlights potential for value enhancement through strategic renovations. By improving the property's condition rated at 54/100, the value could significantly increase, making it a viable investment opportunity. Long-term rental Although the property currently yields 0% gross, its underpriced nature allows for the possibility of generating positive cash flow through long-term leasing strategies post-renovation. The property's location in a rural area with limited economic and educational infrastructure can attract stable tenants seeking affordability. Buy-and-hold Investing in this underpriced property offers an excellent long-term hold strategy, allowing for appreciation as the local market evolves. With its fair value significantly surpassing the purchase price, this investment positions well for future value increase, despite the current challenges in tenant quality and neighborhood amenities.
High Tenant Turnover Risk This property faces a significant risk due to its tenant stability score of 60/100, indicating potential challenges in retaining long-term renters, which could impact cash flow.
