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 158 m², built in 2006, energy rating B. Located on rua Fernão de Magalhães, 72, Azeitão (São Lourenço e São Simão) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The property boasts a versatile outdoor space perfect for creating a garden or relaxation area, enhancing its appeal for family gatherings and outdoor living.
The valuation. The asking price of €459,900 sits €10,194 (2.2%) above the fair value of €449,706, indicating that the property is overpriced given recent comparable sales in Azeitão.
Fair value modelled at €449,706 from the area baseline, adjusted for condition and location. Asking €459,900 sits €10,194 (2.2%) above — overpriced versus fair value.
Asking €459,900 versus the rua Fernão de Magalhães, 72 area baseline of €409,378 (€2,591/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 74 · Materials 78 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 67/100 (Housing Market 70 · Amenities 60 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Fernão de Magalhães, 72
Area baseline €409,378 + condition +€3,209 + location +€28,429 = modelled fair value of €449,706 (€2,846/m²), a €10,194 (2.2%) gap versus the €459,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Fernão de Magalhães, 72 | Subject | €459,900 | €2,911 | — | 74 | 67 |
| rua do Choilo | Active | €520,000 | €3,741 | 28.5% | 73 | 65 |
| rua da Escola de Brejos Clérigo, 108 | Active | €749,000 | €3,500 | 20.2% | 78 | 58 |
| Azeitão (São Lourenço e São Simão) · 49b7e3 | Active | €1,150,000 | €3,433 | 17.9% | 72 | 58 |
| Quinta do Conde · b453fc | Active | €495,000 | €3,992 | 37.1% | — | 75 |
| Median comp | €634,500 | €3,621 | 24.4% | 73 | 62 |
Long-term rental The property is overpriced, making it less appealing for long-term rental investments, as the expected yield of 4% may not justify the premium price. Additionally, with a neighbourhood rating of 67/100, potential rental demand may be hindered by suburban characteristics and tenant quality. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable due to its current overvaluation at €459,900 compared to a fair value of €449,706, presenting only a 2.2% gap. Although the property might appreciate over time, the initial investment does not provide adequate value relative to its price, placing it at a disadvantage. Value-add renovation Pursuing a value-add renovation strategy on this house is questionable, considering the property is priced above its fair value and may require substantial investment to enhance its condition of 76/100. The limited yield and the expense of renovations could further complicate achieving a satisfactory return in an already overpriced market.
Tenant turnover risk The tenant stability score of 65/100 suggests a higher likelihood of turnover, which could lead to increased vacancy rates and associated costs.
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