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 107 m², energy rating C. Located on rua dos Metalúrgicos, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This house includes double-glazed windows with a tilt-and-turn system for optimal ventilation and energy efficiency, as well as a generous storage room in the basement for added convenience.
The valuation. The asking price of €399,000 is currently 8.2% below the fair value of €434,876, indicating a property priced fairly and aligned with market expectations. This suggests a balanced opportunity for potential buyers.
Fair value modelled at €434,876 from 6 comparable sales in the area. Asking €399,000 sits €35,876 (8.2%) below — the upside to fair value.
Asking €399,000 versus the rua dos Metalúrgicos area baseline of €360,783 (€3,372/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €360,783, adjusted for condition and micro-location, gives a modelled fair value of €434,876 (€4,064/m²), a €35,876 (8.2%) gap versus the €399,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Metalúrgicos | Subject | €399,000 | €3,729 | — | 74 | 47 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · ec1a39 | Active | €399,000 | €3,627 | 2.7% | 75 | 49 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 37507d | Active | €399,000 | €3,595 | 3.6% | — | 42 |
| rua D | Active | €365,000 | €5,703 | 52.9% | 80 | 55 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 6d53ac | Active | €349,900 | €4,486 | 20.3% | 72 | 48 |
| Median comp | €382,000 | €4,057 | 8.8% | 75 | 49 |
Long-term rental The property presents a gross yield of 3.6%, indicating a steady revenue potential despite the gap from fair value. However, the limited local employment opportunities might affect tenant stability and demand in the long-term rental market. Value-add renovation With a condition score of 77/100, there is potential for value-enhancing renovations that could improve both rental income and property value. Yet, the neighborhood's low rating of 47/100 indicates challenges in tenant quality and overall desirability, which may limit the effectiveness of any added investments.
Tenant turnover risk High tenant turnover is likely given the low Tenant Stability score of 45/100, which may lead to increased vacancy rates and associated costs for the property owner.
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