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 on the 2nd floor, built in 1990, energy rating D. Located on rua Poeta Calafate, Azeitão (São Lourenço e São Simão) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment is enhanced by a semi-open concept design that promotes social interaction, complemented by proximity to esteemed local wine estates and scenic beaches. Condition notes: A mixture of dated elements with some well-maintained areas indicates potential for valuable updates.
The valuation. The asking price of €262,000 is €25,000 (8.7%) below the fair value of €287,000. This positions the property at a fair valuation in the current market.
Fair value modelled at €287,000 from 6 comparable sales in the area. Asking €262,000 sits €25,000 (8.7%) below — the upside to fair value.
Asking €262,000 versus the rua Poeta Calafate area baseline of €264,296 (€3,223/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €264,296, adjusted for condition and micro-location, gives a modelled fair value of €287,000 (€3,500/m²), a €25,000 (8.7%) gap versus the €262,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Poeta Calafate | Subject | €262,000 | €3,195 | — | 65 | 67 |
| Quinta do Conde · 9387b1 | Active | €265,000 | €4,417 | 38.2% | 70 | 68 |
| Quinta do Conde · 6fbdf7 | Active | €280,000 | €4,000 | 25.2% | 60 | 65 |
| rua Manuel de Arriaga | Active | €264,000 | €3,143 | 1.6% | 68 | 59 |
| rua das Amoreiras | Active | €270,000 | €3,857 | 20.7% | 60 | 65 |
| Median comp | €267,500 | €3,929 | 23.0% | 64 | 65 |
Family rental The 2-bedroom apartment in Azeitão holds potential for family rental given its fair valuation at €262,000 compared to the fair value of €287,000. However, the gross yield of 3.3% reflects a moderate return, which may be less appealing in a competitive rental market. Long-term rental With a 3.3% gross yield, this property is positioned to generate steady income through long-term rental strategies, although the valuation gap indicates it is not a high-yield option. Additionally, the location within Greater Lisbon provides stable tenant demand, which is a positive factor despite the property's overall condition rating of 63/100. Buy-and-hold Investing in this apartment as a buy-and-hold strategy may yield consistent rental income over time; however, the fair valuation suggests limited upside potential. The apartment's moderate condition rating of 63/100 and the surrounding neighbourhood score of 67/100 indicate that while it is decent for holding, it may not appreciate significantly in value over the long term.
Economic Sensitivity Risk: The economic stability and tenant stability scores are both at 70/100, indicating potential vulnerability to economic downturns that could lead to increased vacancy rates and reduced rental income.
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