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 house of 198 m², built in 2005, energy rating D. Located on rua das Cegonhas, 6, Azeitão (São Lourenço e São Simão) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The property includes a large basement with a dedicated wine cellar, providing versatile usage options for storage or leisure activities, enhancing its overall appeal.
The valuation. The asking price of €590,000 is above the fair value of €553,597, indicating a discrepancy of €36,403 (6.2%). This property is considered overpriced based on current market evaluations.
Fair value modelled at €553,597 from the area baseline, adjusted for condition and location. Asking €590,000 sits €36,403 (6.2%) above — overpriced versus fair value.
Asking €590,000 versus the rua das Cegonhas, 6 area baseline of €543,708 (€2,746/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 59/100 (Housing Market 60 · Amenities 50 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua das Cegonhas, 6
Area baseline €543,708 + condition +€10,828 + location +€18,861 = modelled fair value of €553,597 (€2,796/m²), a €36,403 (6.2%) gap versus the €590,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Cegonhas, 6 | Subject | €590,000 | €2,980 | — | 75 | 59 |
| Azeitão (São Lourenço e São Simão) · 6d55b9 | Active | €520,000 | €3,741 | 25.5% | 75 | 65 |
| Azeitão (São Lourenço e São Simão) · 28b88b | Active | €450,000 | €3,435 | 15.3% | 70 | 64 |
| travessa do Falcão | Active | €798,000 | €3,034 | 1.8% | 76 | 59 |
| Azeitão (São Lourenço e São Simão) · 090122 | Active | €750,000 | €3,488 | 17.1% | 73 | 75 |
| Median comp | €635,000 | €3,462 | 16.2% | 74 | 65 |
Long-term rental The property is overpriced at €590,000, which is 6.2% above its fair value of €553,597, limiting the potential for positive cash flow. With a gross yield of 4.6% and a neighborhood rating of 59/100, long-term rental may not attract high-quality tenants willing to pay premium rents. Buy-and-hold Investing in this property for a buy-and-hold strategy is not advisable due to its overpriced status and minimal appreciation potential given the fair value gap. The 79/100 condition rating may attract some interest, but the overall neighborhood quality could hinder value growth over time. Value-add renovation Although the property could benefit from value-add renovations, its current overpriced status at €590,000 presents a significant challenge for investors. Renovation efforts would need to account for the existing valuation gap and could ultimately be limited by the neighborhood's overall desirability. Not ideal for Properties in the luxury market, short-term rental, and student housing segments require a better offering than what is available here, given the existing fair value gap and neighborhood limitations. The property’s conditions and 4.6% yield suggest it may not be competitive in these elevated market tiers.
Economic Vulnerability With an economic stability score of 55/100, the property may be exposed to significant fluctuations in local market conditions that could impact rental income and asset value negatively.
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