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 apartment of 140 m² on the 1st floor, built in 1998, energy rating C. Located Azeitão (São Lourenço e São Simão) parish, Setúbal municipality, Setúbal district. This apartment features spacious outdoor balconies ideal for relaxation, plus a generous 30 m² storage room that offers versatility for various uses.
The valuation. The asking price of €359,000 sits €39,173 (9.8%) below its fair value of €398,173, indicating the property is underpriced and presents a significant opportunity for potential buyers.
Fair value modelled at €404,587 from 6 comparable sales in the area. Asking €343,000 sits €61,587 (15.2%) below — the upside to fair value.
Asking €343,000 versus the Azeitão (São Lourenço e São Simão), Setúbal, Setúbal area baseline of €328,783 (€2,348/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 €328,783, adjusted for condition and micro-location, gives a modelled fair value of €404,587 (€2,890/m²), a €61,587 (15.2%) gap versus the €343,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Azeitão (São Lourenço e São Simão) · 07f86d | Subject | €343,000 | €2,450 | — | 78 | 65 |
| rua Jaime Cortesão | Active | €315,000 | €2,890 | 18.0% | 76 | — |
| avenida Principal da Quinta do Conde | Active | €315,000 | €2,890 | 18.0% | 82 | — |
| rua Jaime Cortesão | Active | €315,000 | €2,890 | 18.0% | 80 | — |
| Fernão Ferro · cef806 | Active | €315,000 | €2,890 | 18.0% | 80 | — |
| Median comp | €315,000 | €2,890 | 18.0% | 80 | — |
Family rental The property in Azeitão presents an attractive opportunity for family rental, given its 3-bedroom layout and proximity to Lisbon, which enhances demand from families seeking suburban living with access to urban amenities. With a gap of 9.8% below fair value and a gross yield of 3.5%, it is well-positioned for consistent rental income growth. Long-term rental Investing in this apartment for long-term rental aligns with the growing trend of urban migration towards suburban areas, where residents appreciate a blend of space and accessibility. Its favorable gross yield of 3.5% and the 9.8% price gap from fair value make it a compelling choice for landlords aiming for steady revenue over time. Buy-and-hold A buy-and-hold strategy is well-suited for this property as it benefits from the ongoing development of amenities in the neighborhood, promising potential for appreciation and rental demand. The 9.8% gap compared to fair value indicates a solid opportunity for long-term capital gains, particularly as suburban living continues to become more desirable among families. Not ideal for luxury market The current features and condition of the apartment do not support an entry into the luxury market, as its overall rating of 79/100 indicates that it lacks the high-end appeal required for this segment. Additionally, the suburban nature of Azeitão may deter affluent buyers seeking exclusive urban experiences. Not ideal for short-term vacation rental This apartment is not well-suited for short-term vacation rentals, given the suburban setting that typically lacks the tourist draw compared to more central areas. Moreover, the amenities available in Azeitão may not meet the expectations of vacationers looking for vibrant nightlife and attractions. Not ideal for student housing With its suburban location and lack of nearby educational institutions, this property is not ideal for student housing, which generally thrives in urban settings close to universities. The tenant quality expectations may also not align with the target demographic of students seeking affordable housing options close to campus.
Economic vulnerability The property faces potential income instability given its economic stability score of 65/100, which indicates a moderate risk of economic downturn affecting rental income. Tenant turnover risk With a tenant stability score of 65/100, there's a significant chance of increased turnover, leading to potential vacancies and lost rental income.
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