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 house of 83 m², built in 1975. Located on rua da Brasileira, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This property includes a quaint 11m² yard ideal for outdoor relaxation and creative landscaping, enhancing its appeal in a vibrant urban setting.
The valuation. The asking price of €220,000 sits €28,512 (11.5%) below the fair value of €248,512, indicating that the property is underpriced. This represents an appealing opportunity for potential investors. Buy-to-flip angle. With a current condition score of 54/100, there is room for renovations and upgrades to maximize resale value. A strategic buy-and-flip could yield substantial profits post-renovation in this evolving market. Buy-to-let angle. Given the estimated rental income of €1,045/month, the gross yield of 5.7% presents a solid return for a buy-and-hold investment. The mixed neighbourhood offers basic amenities for potential tenants, supporting steady demand.
Fair value modelled at €248,512 from 6 comparable sales in the area. Asking €220,000 sits €28,512 (11.5%) below — the upside to fair value.
Asking €220,000 versus the rua da Brasileira area baseline of €230,539 (€2,778/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 54/100 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 €230,539, adjusted for condition and micro-location, gives a modelled fair value of €248,512 (€2,994/m²), a €28,512 (11.5%) gap versus the €220,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Brasileira | Subject | €220,000 | €2,651 | — | 55 | 57 |
| rua da Brasileira | Active | €250,000 | €3,012 | 13.6% | 48 | 49 |
| rua Major Pedroso Gamito, 31 | Active | €390,000 | €2,746 | 3.6% | 45 | 52 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · f46a63 | Active | €250,000 | €2,976 | 12.3% | 50 | 55 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 6fbc1b | Active | €230,000 | €4,107 | 55.0% | 42 | 52 |
| Median comp | €250,000 | €2,994 | 13.0% | 47 | 52 |
Long-term rental This property presents a strong opportunity for long-term rental given its 5.7% gross yield and an 11.5% gap from fair value, suggesting solid income potential in a commuter-dependent area. The moderately rated condition and neighborhood indicate that tenants seeking basic amenities will find this property appealing. Buy-and-hold Investing in this house for a buy-and-hold strategy could yield significant appreciation, as the current listing price is 11.5% below the fair value of €248,512. With adequate demand from local tenants, this strategy positions the property for both rental income and potential future value growth in a stable economy.
Low Economic Performance The property faces risks due to an economic stability score of 45/100, indicating weak overall economic conditions that may impact tenant demand and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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