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, 3-bathroom mix_use_building of 102 m², built in 1951. Located on avenida dos Combatentes, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Notable Features: This mixed-use building offers immediate rental income from three diverse units, including a popular hair salon and beverage warehouse, maximizing cash flow potential in a prime location.
The valuation. The asking price of €330,000 is significantly above fair value, sitting at €176,401 (53.5%) over the fair estimate of €153,599. This pricing indicates the property is overpriced.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida dos Combatentes | Subject | €330,000 | €3,235 | — | — | 53 |
| rua Vasco da Gama, 34 | Active | €649,900 | €2,813 | 13.0% | 70 | 44 |
| escadinhas das Barrocas, 10 | Active | €225,000 | €3,309 | 2.3% | — | 54 |
| rua de Fran Paxeco, 163 | Active | €220,000 | €2,750 | 15.0% | — | 45 |
| rua João Eloy do Amaral, 87 | Active | €200,000 | €2,597 | 19.7% | — | 46 |
| Median comp | €222,500 | €2,782 | 14.0% | 70 | 46 |
Long-term rental This property, despite its potential location, is overpriced at €330,000, while the fair value is €153,599, indicating a significant gap of 53.5%. With a 0% gross yield and limited amenities, it is unlikely to attract long-term tenants, making it a poor investment for rental income. Buy-and-hold The investment in this property as a buy-and-hold strategy is flawed due to its pricing, as it sits 53.5% above its fair value of €153,599. Additionally, with a condition rating of 0/100 and limited tenant quality in the neighbourhood, holding this asset could lead to financial strain rather than appreciation. Value-add renovation Though some might consider the value-add renovation potential, the current asking price of €330,000 significantly exceeds its fair value of €153,599, suggesting it is overpriced. The extensive renovations required, combined with the neighborhood's 53/100 rating and zero gross yield, further complicate any efforts to realize a profitable return on investment.
Economic Vulnerability With an economic stability score of 45/100, the property is at risk of economic downturns affecting tenant retention and rental income.
