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 359 m², built in 2009. Located Azeitão (São Lourenço e São Simão) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This property includes large outdoor terraces designed for entertainment and leisure, alongside the unique amenity of potential swimming pool construction within the condominium. Overall Verdict: The house has notable potential despite requiring some updates.
The valuation. The asking price of €690,000 sits €105,019 (13.2%) below the fair value of €795,019, indicating this property is subpriced in the current market. This presents a unique opportunity for savvy investors. Buy-to-flip angle. With high-quality finishes and modern appliances, a resale strategy focusing on cosmetic upgrades can further enhance property appeal and yield profitable returns within a short timeframe. Targeting an exit price above €800,000 could yield attractive gains for investors. Buy-to-let angle. Given the gross yield of 5.3% and an estimated rental income of €3,048/month, the buy-to-let strategy sees solid monthly cash flow. The long-term rental market in Setúbal favors stable tenant demand despite urban density concerns.
Fair value modelled at €795,019 from 6 comparable sales in the area. Asking €690,000 sits €105,019 (13.2%) below — the upside to fair value.
Asking €690,000 versus the Azeitão (São Lourenço e São Simão), Setúbal, Setúbal area baseline of €614,281 (€1,711/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €614,281, adjusted for condition and micro-location, gives a modelled fair value of €795,019 (€2,215/m²), a €105,019 (13.2%) gap versus the €690,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Azeitão (São Lourenço e São Simão) · 5da24b | Subject | €690,000 | €1,922 | — | 75 | 65 |
| Azeitão (São Lourenço e São Simão) · f46d6b | Active | €550,000 | €1,642 | 14.6% | 72 | 64 |
| rua Carlos Pinhão | Active | €600,000 | €2,308 | 20.1% | 72 | 43 |
| Azeitão (São Lourenço e São Simão) · 225d43 | Active | €595,000 | €2,371 | 23.3% | 85 | 63 |
| rua Padre António Pires Brioso, 17 | Active | €385,000 | €2,188 | 13.8% | 65 | 57 |
| Median comp | €572,500 | €2,248 | 17.0% | 72 | 60 |
Long-term rental Given the average yield of 5.3%, this property in Azeitão presents a solid opportunity for long-term rental investments, benefiting from tenant stability due to the local industrial economy. The neighborhood's decent condition rating of 65/100 indicates a reliable rental demand, making it an attractive holding for steady income generation. Buy-and-hold With a fair value of €795,019 that significantly exceeds the listing price, this property stands as a strong buy-and-hold investment due to its potential for appreciation over time. The location's growing employment opportunities can enhance property value, making it suitable for long-term wealth accumulation. Value-add renovation The property’s existing condition rating of 73/100 suggests there is room for improvement, offering the potential for value-add renovations to increase both rental income and property value. Addressing any cosmetic or functional updates could yield a higher return on investment, capitalizing on the property’s strong pricing position against fair value.
Economic Vulnerability The property may face financial difficulties due to an economic stability score of 70/100, indicating potential neighborhood economic fluctuations that could affect tenant retention. Tenant Turnover Risk With a tenant stability score of 60/100, there is a significant risk of higher tenant turnover, leading to increased vacancy rates and associated costs.
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