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, 0-bathroom apartment of 99 m², energy rating D. Located Santo André parish, Santiago do Cacém municipality, Setúbal district. Noteworthy Features: The apartment features a small private balcony offering city views, and its prime location allows easy access to public transport and commercial amenities.
The valuation. The asking price of €265,000 represents a significant 53.8% markup over the fair value of €122,512, categorizing the property as overpriced in the current market. This discrepancy suggests a less favorable investment outlook.
Fair value modelled at €122,512 from the area baseline, adjusted for condition and location. Asking €265,000 sits €142,488 (53.8%) above — overpriced versus fair value.
Asking €265,000 versus the Santo André, Santiago do Cacém, Setúbal area baseline of €170,280 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 45/100 (Condition 46 · Materials 42 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 48/100 (Housing Market 40 · Amenities 40 · Economic 50 · Tenant Quality 50). Softer demand indicators apply a discount to baseline. Full location report →
Santo André, Santiago do Cacém, Setúbal
Area baseline €170,280 + condition -€46,406 + location -€1,362 = modelled fair value of €122,512 (€1,237/m²), a €142,488 (53.8%) gap versus the €265,000 asking price.
Long-term rental The 3-bed apartment in Santo André is overpriced at €265,000, significantly surpassing its fair value of €122,512. Given the lack of yield and mediocre condition ratings, this property is unlikely to attract stable long-term tenants, making it a poor investment choice for rental purposes. Value-add renovation While there is potential for value enhancement through renovations, the current listing price reflects an excessive premium compared to the fair value of €122,512. With a condition score of 45/100 and a neighbourhood rating of 48/100, the expected returns from renovation efforts may not justify the high entry cost of this property. Not ideal for luxury market and short-term vacation rental This property, with its €265,000 price tag, is out of sync with luxury market expectations and does not suit the demands of short-term vacation rentals given its low yield and community ratings. Its overpriced nature, combined with a less desirable location and condition, further diminishes its appeal for these markets.
Economic and Tenant Instability Risk: With both economic stability and tenant stability scores at 50/100, there is a significant risk of reduced rental income and potential vacancy issues, impacting overall return on investment.
