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, 1-bathroom apartment of 116 m² on the 1st floor, built in 2011, energy rating D. Located Azeitão (São Lourenço e São Simão) parish, Setúbal municipality, Setúbal district. This apartment features dual balconies from both the living room and kitchen, enhancing ventilation and natural light throughout the spacious layout.
The valuation. The asking price of €365,000 is significantly below the fair value of €410,843, representing a 11.2% undervaluation of the property.
Fair value modelled at €410,843 from 6 comparable sales in the area. Asking €365,000 sits €45,843 (11.2%) below — the upside to fair value.
Asking €365,000 versus the Azeitão (São Lourenço e São Simão), Setúbal, Setúbal area baseline of €326,833 (€2,818/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €326,833, adjusted for condition and micro-location, gives a modelled fair value of €410,843 (€3,542/m²), a €45,843 (11.2%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Azeitão (São Lourenço e São Simão) · ee88d7 | Subject | €365,000 | €3,147 | — | 80 | 63 |
| rua Piteira Santos | Active | €419,000 | €3,521 | 11.9% | 76 | 64 |
| Quinta do Conde · cd0916 | Active | €285,000 | €3,563 | 13.2% | 80 | 71 |
| rua Piteira Santos, 28 | Active | €270,000 | €3,103 | 1.4% | 72 | 64 |
| rua Poeta Bocage, 14 | Active | €268,000 | €2,821 | 10.3% | 76 | 65 |
| Median comp | €277,500 | €3,312 | 5.3% | 76 | 65 |
Long-term rental This 2-bed apartment in Azeitão shows potential as a long-term rental opportunity, with a fair value that exceeds the asking price by 11.2%. Given the gross yield of 2.7% and the neighborhood's steady economic climate, it can attract long-term tenants seeking stability. Family rental Positioned in a safe and amenity-rich neighborhood, this property is well-suited for family rentals, tapping into the demand for space and quality living in suburban Portugal. The apartment's condition rating of 82/100 further enhances its appeal to families looking for a comfortable home. Buy-and-hold Investing in this apartment for a buy-and-hold strategy aligns with the expectations of property appreciation, given its current fair value position. The 11.2% gap against fair value indicates that holding this asset may yield attractive returns in the future as the local market matures.
Economic Volatility Risk: With an economic stability score of 60/100, there is a significant risk that fluctuating local economic conditions could lead to decreased demand for rental spaces, impacting tenant occupancy rates.
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
