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 apartment of 89 m², built in 2002, energy rating C. Located Azeitão (São Lourenço e São Simão) parish, Setúbal municipality, Setúbal district. Property Features: This apartment boasts a spacious 56.62 m² terrace, ideal for outdoor gatherings, and includes 2 private parking spaces for added convenience. Condition Notes: The building has recently been painted and renovated, enhancing its appeal within the community.
The valuation. The asking price of €350,000 is only slightly above the fair value of €347,764, presenting a minimal discrepancy of €2,236 (0.6%). This indicates that the property is fairly valued. Buy-to-flip angle. The buy-to-flip strategy could capitalize on the apartment’s appealing upgrades and location, allowing for a well-timed resale at market appreciation. Potential investors can target a quick turnaround in a growing suburb like Azeitão. Buy-to-let angle. With a gross yield of 4.1%, the property can generate an estimated monthly rental income of €1,196, making it an attractive buy-and-hold investment. The demand for family rentals in this neighborhood enhances the profitability of this strategy.
Fair value modelled at €347,764 from 6 comparable sales in the area. Asking €350,000 sits €2,236 (0.6%) above — overpriced versus fair value.
Asking €350,000 versus the Azeitão (São Lourenço e São Simão), Setúbal, Setúbal area baseline of €306,655 (€3,446/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €306,655, adjusted for condition and micro-location, gives a modelled fair value of €347,764 (€3,907/m²), a €2,236 (0.6%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Azeitão (São Lourenço e São Simão) · 76aeec | Subject | €350,000 | €3,933 | — | 70 | 62 |
| Azeitão (São Lourenço e São Simão) · 89349f | Active | €300,000 | €4,286 | 9.0% | 70 | 66 |
| rua Antiga Fábrica do Tomate | Active | €380,000 | €3,393 | 13.7% | 78 | 63 |
| rua Antiga Fábrica do Tomate | Active | €380,000 | €3,800 | 3.4% | 80 | 74 |
| Quinta do Conde · 938601 | Active | €270,000 | €3,140 | 20.2% | 75 | 68 |
| Median comp | €340,000 | €3,597 | 8.5% | 77 | 67 |
Long-term rental The property offers a gross yield of 4.1%, which aligns with the expectations for long-term rental investments in a market like Azeitão. Given the fair valuation at €350,000, it may generate stable cash flow but has limited upside potential due to the narrow gap to fair value. Family rental As a two-bedroom apartment, it is well-suited for family rental, providing enough space and amenities for potential tenants. However, with a neighborhood rating of 62/100, the appeal may be moderate, balancing its competitive yield with potential limitations in tenant quality. Buy-and-hold Investing in this property as a buy-and-hold option could yield stable returns, but growth may be constrained due to its near-fair valuation. The overall safety and suburban attributes of Azeitão should support a steady market position but don’t promise substantial appreciation.
Economic Vulnerability The property is at risk due to a moderate economic stability score of 65/100, which may indicate potential fluctuations in market demand affecting rental income. Tenant Instability With a low tenant stability score of 55/100, there is a heightened risk of turnover and vacancy, impacting overall profitability.
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