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, 2-bathroom apartment of 196 m², built in 1989, energy rating E. Located Santo André parish, Santiago do Cacém municipality, Setúbal district. Noteworthy Features: The apartment includes two balconies with potential for garden space, and a mezzanine that can be transformed into a home office or additional storage area.
The valuation. The asking price of €285,000 is significantly below the fair value of €658,824, representing a discount of €373,824 (56.7%). This property is subvalued based on current market analysis.
Fair value modelled at €658,824 from 6 comparable sales in the area. Asking €285,000 sits €373,824 (56.7%) below — the upside to fair value.
Asking €285,000 versus the Santo André, Santiago do Cacém, Setúbal area baseline of €641,385 (€3,272/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 59/100 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 €641,385, adjusted for condition and micro-location, gives a modelled fair value of €658,824 (€3,361/m²), a €373,824 (56.7%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santo André · 3a700b | Subject | €285,000 | €1,454 | — | 55 | 48 |
| Santo André · 19f5b6 | Active | €400,000 | €3,361 | 131.2% | 65 | 49 |
| Santo André · 3df23e | Active | €400,000 | €3,361 | 131.2% | 59 | 53 |
| Santo André · da46d7 | Active | €260,000 | €3,171 | 118.1% | — | 44 |
| Santo André · b3276e | Active | €400,000 | €3,361 | 131.2% | 58 | 49 |
| Median comp | €400,000 | €3,361 | 131.1% | 59 | 49 |
Long-term rental The property presents a significant opportunity as a long-term rental, positioning investors in a market where the fair value is considerably higher than the listing price, resulting in a 56.7% gap. With a condition score of 59/100, it can attract tenants looking for spacious accommodation while benefiting from the lower entry price. Family rental This 3-bed apartment is ideal for family rental, given its size and layout, making it appealing to larger households needing more space. Despite the neighbourhood score of 48/100, the pricing advantage at €285,000 compared to the fair value presents a compelling case to attract families looking for reasonably priced long-term housing in the area.
High Economic Risk With an Economic Stability score of 35/100, there is a significant risk of economic downturns affecting property values and rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
