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.
2-bedroom, 1-bathroom apartment of 82 m², built in 2002, energy rating E. Located Santo André parish, Santiago do Cacém municipality, Setúbal district. Unique Feature: The apartment boasts a small storage space specifically designed for beach gear, enhancing your coastal lifestyle with convenience and organization.
The valuation. The asking price of €260,000 is significantly higher than the fair value of €-46,474, indicating an overpriced situation by €306,474 (117.9%). This suggests that potential investors should approach with caution. Buy-to-flip angle. A buy-to-flip strategy for this property may not yield profitable results due to its overpriced status and poor condition, limiting room for effective resale. Investors might struggle to recoup their investment. Buy-to-let angle. A long-term rental strategy might provide a gross yield of 4.3%, generating approximately €932 per month. However, with the neighborhood's mixed rating of 44, rental demand could be uncertain.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santo André · da46d7 | Subject | €260,000 | €3,171 | — | — | 44 |
| Santo André · 25f620 | Active | €230,000 | €2,150 | 32.2% | 65 | 48 |
| Santo André · 6d51b8 | Active | €270,000 | €2,784 | 12.2% | 70 | 44 |
| Santo André · 956ef0 | Active | €270,000 | €3,000 | 5.4% | 75 | 39 |
| Santo André · 91170d | Active | €250,000 | €2,976 | 6.1% | 65 | 46 |
| Median comp | €260,000 | €2,880 | 9.2% | 68 | 45 |
Long-term rental The property is overpriced at €260,000, significantly exceeding its fair value by €46,474 and creating a gap of 117.9%. With a gross yield of only 4.3% in a neighbourhood with a low rating of 44/100, it is unlikely to attract quality tenants over a long-term period. Buy-and-hold Given its current valuation, this property represents an overpriced investment as the fair value shows a substantial deficit. The combination of low tenant quality and a neighbourhood score of 44/100 suggests that future appreciation is doubtful under current conditions. Family rental With a purchase price exceeding its fair value by nearly 118%, this property is not positioned to succeed as a family rental. The gross yield of 4.3% signals limited return potential, coupled with a dismal condition rating of 0/100, indicating it may not meet the standards expected by families looking for long-term housing.
Low Economic Stability Risk With an economic stability score of 35/100, there is a significant risk of economic downturn affecting rental demand and property value.
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