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.
3-bedroom, 3-bathroom house of 149 m², built in 2020, energy rating A. Located Azeitão (São Lourenço e São Simão) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The property includes a well-designed outdoor terrace area with a built-in barbecue for entertaining, complementing the private pool and enhancing outdoor living space. Características Notáveis: A propriedade inclui uma área de terraço exterior bem concebida com um churrasco embutido para entretenimento, complementando a piscina privada e melhorando o espaço de vida ao ar livre.
The valuation. The asking price of €590,000 is €39,304 (7.1%) above the fair value of €550,696, positioning this property at a fair valuation. Buy-to-flip angle. The resale strategy focuses on capitalizing on the property's upscale features, targeting buyers willing to pay a premium within this affluent Azeitão market. Buy-to-let angle. With an estimated gross yield of 2.9% based on €1,426/month rental income, this property is attractive for long-term rental, appealing to families in the vicinity of Setúbal.
Fair value modelled at €550,696 from 6 comparable sales in the area. Asking €590,000 sits €39,304 (7.1%) above — overpriced versus fair value.
Asking €590,000 versus the Azeitão (São Lourenço e São Simão), Setúbal, Setúbal area baseline of €449,053 (€3,014/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €449,053, adjusted for condition and micro-location, gives a modelled fair value of €550,696 (€3,696/m²), a €39,304 (7.1%) gap versus the €590,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Azeitão (São Lourenço e São Simão) · 5da2b4 | Subject | €590,000 | €3,960 | — | 78 | 66 |
| Azeitão (São Lourenço e São Simão) · 83436f | Active | €635,000 | €5,000 | 26.3% | 88 | 71 |
| rua José Leite de Vasconcelos | Active | €605,000 | €4,764 | 20.3% | 92 | 65 |
| Fernão Ferro · 8933f5 | Active | €450,000 | €3,750 | 5.3% | 80 | 79 |
| Fernão Ferro · b32bdd | Active | €649,000 | €3,197 | 19.3% | 88 | 71 |
| Median comp | €620,000 | €4,257 | 7.5% | 88 | 71 |
Long-term rental This property offers a 2.9% gross yield, suggesting it can provide a steady income stream for long-term tenants. However, with a listing price slightly above the fair value at €590,000, potential investors should carefully assess the growth prospects in the area. Family rental With its three bedrooms and spacious design, the property appeals to families seeking stability in a residential setting. Nonetheless, priced at €590,000, it is positioned right at the fair value, necessitating a consideration of local amenities and tenant quality to ensure ongoing demand. Buy-and-hold As a buy-and-hold investment, this property aligns with a stable market, but at a valuation of €590,000, it sits at fair value, indicating limited room for immediate profit. Investors should monitor the local housing market trends and community developments for potential appreciation over time.
Economic Vulnerability With both Economic stability and Tenant stability scores sitting at 65/100, there is a significant risk of fluctuating rental income and potential vacancies impacting overall profitability.
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