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, 2-bathroom house of 142 m², energy rating E. Located on rua Major Pedroso Gamito, 31, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This property boasts two separate kitchens, offering potential for dual living arrangements or extensive customization, alongside its unique blend of recent renovations and unfinished areas.
The valuation. The asking price of €390,000 is below the fair value of €440,496, representing an opportunity, as it is underpriced by €50,496 (11.5%). This pricing implies a competitive advantage for potential investors.
Fair value modelled at €440,496 from 6 comparable sales in the area. Asking €390,000 sits €50,496 (11.5%) below — the upside to fair value.
Asking €390,000 versus the rua Major Pedroso Gamito, 31 area baseline of €423,914 (€2,985/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 49/100 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 €423,914, adjusted for condition and micro-location, gives a modelled fair value of €440,496 (€3,102/m²), a €50,496 (11.5%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Major Pedroso Gamito, 31 | Subject | €390,000 | €2,746 | — | 45 | 52 |
| rua da Brasileira | Active | €250,000 | €3,012 | 9.7% | 48 | 49 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · f46a63 | Active | €250,000 | €2,976 | 8.4% | 50 | 55 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 19f529 | Active | €350,000 | €3,153 | 14.8% | 55 | 48 |
| Setúbal (São Sebastião) · f10990 | Active | €390,000 | €5,065 | 84.4% | — | 60 |
| Median comp | €300,000 | €3,083 | 12.2% | 50 | 52 |
Long-term rental The property at €390,000 presents an opportunity for long-term rental, as it is currently underpriced by 11.5% against its fair value of €440,496. With a gross yield of 3.8%, it can effectively cater to tenants seeking suburban living within commuting distance to Lisbon. Buy-and-hold Investing in this underpriced property aligns with a buy-and-hold strategy, given its potential for appreciation as the neighborhood improves and demand for housing remains steady. Holding this property will leverage the current market conditions while providing moderate rental income from reliable tenants. Value-add renovation The property’s current condition rating of 49/100 suggests significant potential for value-add renovations, making it a strategic investment in a submarket that is currently undervalued. By investing in improvements, there is an opportunity to enhance the property’s value and increase rental yields over time.
Economic Instability Risk The economic stability score of 45/100 indicates potential volatility in the local economy, which could adversely affect long-term profitability and tenant retention.
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
