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, 2-bathroom house of 106 m², energy rating E. Located on rua dos Metalúrgicos, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The private terrace includes an electric gate, enhancing both convenience and security for outdoor leisure activities in a tranquil setting.
The valuation. The asking price of €399,000 is notably below the fair value of €519,315, resulting in a discrepancy of €120,315 or 23.2%. This property is thus considered underpriced.
Fair value modelled at €519,315 from 4 comparable sales in the area. Asking €399,000 sits €120,315 (23.2%) below — the upside to fair value.
Asking €399,000 versus the rua dos Metalúrgicos area baseline of €441,520 (€4,165/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €441,520, adjusted for condition and micro-location, gives a modelled fair value of €519,315 (€4,899/m²), a €120,315 (23.2%) gap versus the €399,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Metalúrgicos | Subject | €399,000 | €3,764 | — | 75 | 53 |
| Setúbal (São Sebastião) · 38b7b6 | Active | €450,000 | €4,167 | 10.7% | 80 | 52 |
| rua D | Active | €365,000 | €5,703 | 51.5% | 80 | 55 |
| rua D | Active | €340,000 | €5,313 | 41.1% | 80 | 43 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 6d53ac | Active | €349,900 | €4,486 | 19.2% | 72 | 48 |
| Median comp | €357,450 | €4,900 | 30.2% | 80 | 50 |
Long-term rental The current listing price of €399,000 demonstrates a gap of 23.2% below the estimated fair value of €519,315, offering a desirable opportunity for a stable long-term rental strategy. With a gross yield of 4.1%, this property presents a competitive return potential despite its moderate neighbourhood rating of 53/100. Value-add renovation This house offers significant potential for value-add renovation, as it is currently valued at only €399,000 against a fair market estimate of €519,315, indicating room for improvement and increased valuation after upgrades. The property’s condition rating of 78/100 suggests it is in reasonably good shape, allowing for targeted investments to enhance value and overall appeal. Not ideal for luxury market Given the property’s fair value and neighbourhood rating of 53/100, it is unlikely to attract high-end buyers in the luxury market, limiting its appeal in that segment. Therefore, pursuing luxury market strategies would not align with the property’s current positioning and value dynamics. Not ideal for short-term vacation rental The local dynamics, including a focus on industrial influence and limited amenities, suggest that this property is not well-suited for the short-term vacation rental market. The current fair value indicates a focus on longer-term tenant stability rather than transient guests, making this strategy less viable. Not ideal for student housing The limited information about local schools combined with the neighbourhood’s 53/100 rating indicates that this area may not attract a significant student population. As a result, targeting student housing strategies would likely yield lower demand and consistent occupancy challenges.
Economic Vulnerability The property faces increased risk due to a low economic stability score of 45/100, indicating potential challenges in the local economy that could affect rental income sustainability.
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