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.
4-bedroom, 4-bathroom house of 229 m², built in 1996, energy rating D. Located Santo André parish, Santiago do Cacém municipality, Setúbal district. This property features a versatile annex with a separate living space, kitchen, and bathroom, ideal for guests or as a potential rental unit.
The valuation. The asking price of €590,000 is underpriced compared to the fair value of €722,588, which presents an opportunity of €132,588 (18.3%). This discrepancy suggests a strong investment potential. Buy-to-flip angle. Utilizing a buy-to-flip strategy, the property could be renovated and quickly sold for a higher return, maximizing profits in a rising market. Buy-to-let angle. A buy-to-let strategy can leverage the estimated monthly rental income of €3,245, yielding a gross yield of 6.6% annually, appealing for long-term passive income.
Fair value modelled at €722,588 from 6 comparable sales in the area. Asking €590,000 sits €132,588 (18.3%) below — the upside to fair value.
Asking €590,000 versus the Santo André, Santiago do Cacém, Setúbal area baseline of €681,016 (€2,974/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €681,016, adjusted for condition and micro-location, gives a modelled fair value of €722,588 (€3,155/m²), a €132,588 (18.3%) gap versus the €590,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santo André · 800532 | Subject | €590,000 | €2,576 | — | 73 | 49 |
| Santo André · 86cd64 | Active | €550,000 | €2,444 | 5.1% | 68 | 48 |
| Santo André · 4a44ac | Active | €1,300,000 | €5,372 | 108.5% | — | 46 |
| Santo André · 49b825 | Active | €390,000 | €3,391 | 31.6% | 65 | 46 |
| avenida de Sines S / N | Active | €450,000 | €2,557 | 0.8% | — | 39 |
| Median comp | €500,000 | €2,974 | 15.4% | 67 | 46 |
Long-term rental The property in Santo André presents a promising long-term rental opportunity with a fair value 18.3% higher than the listing price, suggesting strong potential for generating rental income at a gross yield of 6.6%. The rural location, while affecting employment and neighborhood scores, typically enjoys a low crime rate, making it appealing for stable tenants seeking long-term housing. Value-add renovation Investing in a value-add renovation strategy could significantly enhance the property's worth, as it is currently listed at €590,000, providing an advantageous entry point relative to its fair value of €722,588. By improving the condition rating of 76/100 and enhancing the neighborhood appeal, the potential for increased property value and rental income is robust, despite its current agricultural focus and lower neighborhood ratings.
Economic Vulnerability The property's low economic stability score of 35/100 suggests a high risk of market fluctuations potentially affecting tenant retention and overall profitability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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