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.
5-bedroom, 2-bathroom house of 283 m², energy rating E. Located on rua do Bem Estar, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The property includes a spacious independent unit suitable for guests or as a home office, and features balconies that enhance outdoor leisure opportunities with countryside views.
The valuation. The asking price of €457,000 is significantly below the fair value of €678,021, representing an attractive discount of €221,021 (32.6%). This property is clearly underpriced given the market conditions. Buy-to-flip angle. By investing in minor renovations, there is potential to enhance appeal and resale value significantly, targeting a quick exit strategy in a recovering real estate market. This could maximize returns on investment. Buy-to-let angle. With an estimated rental income of €2,095/month, the gross yield sits at 5.5%, offering a steady income stream for long-term investors. This property could cater well to families seeking modern amenities within a mixed-neighborhood context.
Fair value modelled at €678,021 from 6 comparable sales in the area. Asking €457,000 sits €221,021 (32.6%) below — the upside to fair value.
Asking €457,000 versus the rua do Bem Estar area baseline of €474,804 (€1,678/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 is above the parish average, lifting 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 €474,804, adjusted for condition and micro-location, gives a modelled fair value of €678,021 (€2,396/m²), a €221,021 (32.6%) gap versus the €457,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Bem Estar | Subject | €457,000 | €1,615 | — | 74 | 47 |
| estrada da Baixa de Palmela | Active | €830,000 | €1,660 | 2.8% | 72 | 53 |
| Setúbal (São Sebastião) · 4a7fab | Active | €675,000 | €2,473 | 53.1% | 75 | 52 |
| Setúbal (São Sebastião) · 6d531d | Active | €575,000 | €2,396 | 48.4% | 68 | 50 |
| avenida Luísa Todi | Active | €315,000 | €1,500 | 7.1% | 45 | 49 |
| Median comp | €625,000 | €2,028 | 25.6% | 70 | 51 |
Long-term rental This property in Setúbal, listed at €457,000, presents a significant investment opportunity as it is underpriced compared to its fair value of €678,021, showcasing a gap of 32.6%. With a gross yield of 5.5% and a condition rating of 77/100, it is well-positioned to generate steady income for long-term tenants, despite the peripheral location. Family rental The property is suited for family rental, given its ample space with 5 bedrooms and decent condition, exceeding the expectations for family accommodation. The current listing price, underpriced relative to fair value, could attract families seeking affordable housing options in the area, bolstered by the steady rental yield it offers. Short-term vacation rental This property is not ideal for a short-term vacation rental due to its peripheral location and lower neighbourhood score of 47/100, which may deter transient guests. Additionally, the limited local amenities and seasonal economic activities do not lend themselves well to the vacation rental market. Luxury market With a fair value significantly higher than the listing price, the property may seem attractive, but it does not align with luxury market expectations due to its rural characteristics and basic local amenities. Consequently, it would likely fail to meet the standards and demands of luxury clientele seeking upscale accommodations. Student housing The property’s characteristics and the economic landscape of Setúbal suggest it is not suitable for student housing, as the local educational offerings are basic and the area does not cater to the needs of a student demographic. Moreover, the peripheral location alongside seasonal economic activities would likely limit its appeal to potential student tenants.
Economic Vulnerability The property's low economic stability score of 35/100 suggests a heightened risk of market volatility, which may impact tenant demand and rental income.
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