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, 1-bathroom house of 84 m², built in 1937. Located on azinhaga da Nova Sintra S / N, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This property offers significant potential for development into a local accommodation or multi-family project, capitalizing on its prime location near Setúbal's historic center. Investment Opportunity: The real estate market in Setúbal shows promising growth trends, making this an ideal prospect for investors seeking quick returns.
The valuation. The asking price of €155,000 sits significantly above its fair value of €36,022, representing an overpricing of €118,978 (76.8%). This suggests caution for potential investors. Buy-to-flip angle. A resale strategy may involve substantial renovations to enhance the property’s appeal, although the current condition of 0/100 indicates significant investment is needed before a profitable flip can be realized. Buy-to-let angle. With a gross yield of 11.6% and estimated rental income of €1,498 per month, this property could provide a robust return on investment through long-term rental, despite its current overvaluation.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| azinhaga da Nova Sintra S / N | Subject | €155,000 | €1,845 | — | — | 52 |
| Setúbal (São Sebastião) · b7b508 | Active | €228,000 | €4,471 | 142.3% | 42 | 54 |
| travessa Alcochete, 4 | Active | €299,000 | €3,051 | 65.3% | 50 | 52 |
| rua da Brasileira | Active | €250,000 | €3,012 | 63.2% | 48 | 49 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 6fbc1b | Active | €230,000 | €4,107 | 122.6% | 42 | 52 |
| Median comp | €240,000 | €3,579 | 94.0% | 45 | 52 |
Long-term rental This property in Setúbal is overpriced by 76.8%, making it a less attractive option for long-term rental despite the promising gross yield of 11.6%. Given its condition score of 0/100 and the rural economic context, it is unlikely to attract quality tenants. Buy-and-hold Although the yield appears appealing at 11.6%, the significant gap between the listing price of €155,000 and the fair value of €36,022 indicates that this investment is overpriced. Potential appreciation in a rural agricultural market may not justify the current investment cost. Value-add renovation With a property condition score of 0/100, any renovation efforts would be financially unwise considering the current price being 76.8% above fair value. The cost of necessary improvements combined with the overpriced nature of this asset makes it a poor candidate for a value-add strategy.
Economic Vulnerability The property has a low economic stability score of 45/100, indicating a higher risk of market fluctuations affecting tenant demand and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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