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 90 m², energy rating D. Located on rua José Afonso, 18, Azeitão (São Lourenço e São Simão) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment includes electric blinds for enhanced convenience and air conditioning, ensuring both comfort and energy efficiency in the modern living space.
The valuation. The asking price of €345,000 is slightly above the fair value of €342,000, sitting at a premium of €3,000 (0.9%). Although it is marginally overvalued, the price reflects the high-quality materials and appealing design.
Fair value modelled at €342,000 from 6 comparable sales in the area. Asking €345,000 sits €3,000 (0.9%) above — overpriced versus fair value.
Asking €345,000 versus the rua José Afonso, 18 area baseline of €272,509 (€3,028/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €272,509, adjusted for condition and micro-location, gives a modelled fair value of €342,000 (€3,800/m²), a €3,000 (0.9%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José Afonso, 18 | Subject | €345,000 | €3,833 | — | 80 | 70 |
| rua José Afonso | Active | €340,000 | €4,146 | 8.2% | 85 | 58 |
| Azeitão (São Lourenço e São Simão) · ade6c5 | Active | €380,000 | €3,800 | 0.9% | 75 | 69 |
| Quinta do Conde · 938601 | Active | €270,000 | €3,140 | 18.1% | 75 | 68 |
| rua Antiga Fábrica do Tomate | Active | €380,000 | €3,800 | 0.9% | 80 | 74 |
| Median comp | €360,000 | €3,800 | 0.9% | 78 | 69 |
Long-term rental The current listing price of €345,000 closely aligns with the fair value of €342,000, making this property a fair investment for long-term rental purposes. However, the gross yield of 2.6% indicates limited returns, suggesting careful consideration of expense management. Family rental Given the property's condition rating of 84/100 and a neighborhood score of 70/100, it presents a reasonable option for family rentals, appealing to those looking for a comfortable long-term living space. However, with only a modest yield of 2.6%, potential rental income may not fully justify the current market price. Buy-and-hold As a buy-and-hold investment, this property is positioned fairly at a listing price of €345,000 against its fair value of €342,000. Investors should weigh the low gross yield of 2.6% against the stability and potential appreciation of the Azeitão market when planning for long-term gains.
Economic Vulnerability With an economic stability score of 65/100, there is a notable risk that economic fluctuations could negatively impact rental income and property value.
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