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.
4-bedroom, 3-bathroom apartment of 244 m², built in 2009, energy rating C. Located on rua Jerónimo Osório de Castro, 3, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Feature: This apartment features a fully installed air conditioning system for year-round climate control and is equipped with a charger for electric vehicles in the private garage.
The valuation. The asking price of €600,000 is significantly higher than the fair value of €398,503, creating a discrepancy of €201,497 (33.6%). This property is overpriced relative to its assessed market value.
Fair value modelled at €398,503 from the area baseline, adjusted for condition and location. Asking €600,000 sits €201,497 (33.6%) above — overpriced versus fair value.
Asking €600,000 versus the rua Jerónimo Osório de Castro, 3 area baseline of €582,428 (€2,387/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 49/100 (Housing Market 40 · Amenities 40 · Economic 40 · Tenant Quality 55). Softer demand indicators apply a discount to baseline.
rua Jerónimo Osório de Castro, 3
Area baseline €582,428 + condition +€12,581 + location -€1,550 = modelled fair value of €398,503 (€1,633/m²), a €201,497 (33.6%) gap versus the €600,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Jerónimo Osório de Castro, 3 | Subject | €600,000 | €2,459 | — | 75 | 49 |
| rua Camilo Castelo Branco | Active | €340,000 | €2,636 | 7.2% | 72 | 53 |
| rua Bombeiros de Setúbal | Active | €380,000 | €2,568 | 4.4% | 75 | 45 |
| rua Roberto Ivens | Active | €345,000 | €2,518 | 2.4% | 75 | 48 |
| avenida Doutor António Rodrigues Manito, 94 | Active | €340,000 | €2,556 | 4.0% | 73 | 58 |
| Median comp | €342,500 | €2,562 | 4.2% | 74 | 51 |
Long-term rental Given that the property is overpriced by 33.6% against its fair value of €398,503, the long-term rental strategy does not appear viable due to the lack of yield at 0%. Additionally, the neighborhood's low score of 49/100 raises concerns about tenant quality and demand. Family rental The family rental strategy is compromised due to the property being overpriced by 33.6% compared to its fair value of €398,503, resulting in no gross yield. Moreover, with a neighborhood rating of 49/100 and the region's rural context, attracting families may prove challenging due to limited amenities and economic stability.
Weak Demand Risk: With an economic stability score of 40/100 and a tenant stability score of 55/100, there is a significant risk of low demand for rentals, potentially leading to higher vacancy rates and reduced profitability.
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