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, 2-bathroom mix_use_building of 85 m², built in 1950. Located on rua Vasco da Gama, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Historic area location enhances potential for tourism-related business, while proximity to Sado River and local attractions boosts visibility and foot traffic.
The valuation. The asking price of €118,000 is below the fair value of €123,501, positioning the property as subvalued by €5,501, or 4.7%. This presents a promising opportunity for savvy investors.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Vasco da Gama | Subject | €118,000 | €1,388 | — | — | 48 |
| rua João Eloy do Amaral, 87 | Active | €200,000 | €2,597 | 87.1% | — | 46 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · c1f13c | Active | €270,000 | €2,077 | 49.6% | — | 43 |
| avenida dos Combatentes | Active | €330,000 | €3,235 | 133.1% | — | 53 |
| rua Álvaro Castelões | Active | €750,000 | €1,984 | 42.9% | 60 | 55 |
| Median comp | €300,000 | €2,337 | 68.3% | 60 | 50 |
Long-term rental This property presents a promising opportunity for long-term rental, with a relatively small gap of 4.7% below fair value at €118,000. Given its location in a low-crime area, it can attract stable, long-term tenants looking for affordable living options. Buy-and-hold The €118,000 listing price adds to the potential for appreciation over time, especially as it is currently subvalued compared to the fair value of €123,501. This positioning makes it an attractive asset for a buy-and-hold strategy in a rural area that offers low crime rates and steady demand. Value-add renovation Considering the building's current condition rating of 0/100, there exists a significant opportunity for value-add renovations to increase both the property value and rental income potential. Investing in upgrades can transform this subvalued asset into a more appealing offering in the local market. Not ideal for short-term vacation rental The property is not suitable for short-term vacation rentals, given its rural setting and limited proximity to attractions or amenities that typically draw short-term stays. Furthermore, its low gross yield of 0% reflects the risk of low returns in this rental segment. Not ideal for student housing With limited amenities and lower employment opportunities in the vicinity, this property is unlikely to attract student renters who often require access to transport and social amenities. The area's characteristics do not align with the preferences of the student housing market. Not ideal for luxury market The overall condition and the rural context of this building do not justify investment for the luxury market, where high expectations for quality and location exist. As such, potential returns on luxury investments in this area would likely be insufficient to cover costs.
High Economic Instability The property's economic stability score of 35/100 indicates a significant risk of market fluctuations and potential declines in property value.
