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 apartment of 82 m². Located on rua José Afonso, Azeitão (São Lourenço e São Simão) parish, Setúbal municipality, Setúbal district. This apartment boasts a pantry for efficient storage and air conditioning for year-round comfort, enhancing its appeal in a vibrant, service-oriented neighborhood near natural attractions.
The valuation. The asking price of €340,000 is situated €28,400 (9.1%) above the calculated fair value of €311,600. This valuation indicates that the property is fairly priced in the current market.
Fair value modelled at €311,600 from 6 comparable sales in the area. Asking €340,000 sits €28,400 (9.1%) above — overpriced versus fair value.
Asking €340,000 versus the rua José Afonso area baseline of €250,307 (€3,053/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €250,307, adjusted for condition and micro-location, gives a modelled fair value of €311,600 (€3,800/m²), a €28,400 (9.1%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José Afonso | Subject | €340,000 | €4,146 | — | 85 | 58 |
| Azeitão (São Lourenço e São Simão) · ade6c5 | Active | €380,000 | €3,800 | 8.4% | 75 | 69 |
| Quinta do Conde · 938601 | Active | €270,000 | €3,140 | 24.3% | 75 | 68 |
| rua Antiga Fábrica do Tomate | Active | €380,000 | €3,800 | 8.4% | 80 | 74 |
| rua Piteira Santos | Active | €350,000 | €3,889 | 6.2% | 71 | 67 |
| Median comp | €365,000 | €3,800 | 8.4% | 75 | 69 |
Long-term rental The property’s fair value of €311,600 suggests that at a listing price of €340,000, it lacks the potential for significant appreciation in the long-term rental market. With a gross yield of only 2.5%, this investment may not deliver the desired returns for landlords seeking long-term lease stability. Family rental While family rental demand can benefit from the residential area’s low crime perception, the property’s fair value indicates a 9.1% premium that could deter potential tenants. With a neighbourhood rating of 58/100, it may not attract families looking for a highly desirable living environment. Buy-and-hold Holding this property for the long term may not yield favorable returns due to its current listing price being above fair value. The relatively low gross yield of 2.5% and peripheral location relative to Lisbon suggest limited potential for capital appreciation and rental growth.
Economic and Tenant Instability Risk The property has a combined economic and tenant stability score of 55/100, indicating a significant risk of declining rental income and potential vacancy issues.
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