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.
3-bedroom, 0-bathroom house of 161 m², built in 2004, energy rating B. Located Azeitão (São Lourenço e São Simão) parish, Setúbal municipality, Setúbal district. This property features a spacious pantry, enhancing storage options, and a versatile outdoor area perfect for leisure or dining al fresco, all in a tranquil neighborhood.
The valuation. The asking price of €499,000 is slightly below the fair value of €519,940, indicating a difference of €20,940, or 4.0%. Overall, the property is priced at a fair value. Buy-to-flip angle. The buy-to-flip strategy is feasible given the property's average condition and the potential for minor renovations, which could enhance its appeal for resale in this active market. Buy-to-let angle. With an estimated rental income of €1,996 per month, the gross yield stands at approximately 4.8%, making it an attractive option for long-term rentals in the growing area of Setúbal.
Fair value modelled at €519,940 from 6 comparable sales in the area. Asking €499,000 sits €20,940 (4.0%) below — the upside to fair value.
Asking €499,000 versus the Azeitão (São Lourenço e São Simão), Setúbal, Setúbal area baseline of €452,856 (€2,813/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 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 €452,856, adjusted for condition and micro-location, gives a modelled fair value of €519,940 (€3,229/m²), a €20,940 (4.0%) gap versus the €499,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Azeitão (São Lourenço e São Simão) · a0cb6c | Subject | €499,000 | €3,099 | — | 72 | 66 |
| Azeitão (São Lourenço e São Simão) · ba3e12 | Active | €700,000 | €3,553 | 14.6% | 75 | 69 |
| Azeitão (São Lourenço e São Simão) · 3a7340 | Active | €490,000 | €2,692 | 13.1% | — | 63 |
| rua Afonso de Albuquerque, 96A | Active | €465,000 | €2,906 | 6.2% | 73 | 70 |
| Azeitão (São Lourenço e São Simão) · 261f4c | Active | €467,500 | €2,886 | 6.9% | 78 | 69 |
| Median comp | €478,750 | €2,896 | 6.6% | 75 | 69 |
Long-term rental The property in Azeitão, with a gross yield of 4.8%, presents a fair investment opportunity in the long-term rental market. Given the moderate condition score of 69/100 and the reasonable neighborhood quality, potential for stable rental income aligns well with investment goals. Buy-and-hold Investing in this Azeitão house as a buy-and-hold strategy can be justified by its proximity to Lisbon, which enhances demand over time. The fair valuation at €499,000 suggests a balanced entry point, providing a reasonable appreciation potential in an evolving market. Family rental As a family rental, this property offers a decent space of 161m² in a neighborhood rated at 66/100, making it attractive for families seeking a stable home environment. Although the property is priced fairly, its condition and size position it well for long-term occupancy, catering to the growing family demographic in the area.
Economic Vulnerability The economic stability score of 65/100 suggests potential fluctuations in the local economy that could impact rental income.**
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