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, 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 features a private covered terrace off the kitchen, ideal for outdoor dining, and a solid wood staircase that enhances its character and quality.
The valuation. The asking price of €399,000 sits below the fair value of €449,710, representing a discount of €50,710 (11.3%). This indicates that the property is underpriced in the current market.
Fair value modelled at €449,710 from 5 comparable sales in the area. Asking €399,000 sits €50,710 (11.3%) below — the upside to fair value.
Asking €399,000 versus the rua dos Metalúrgicos area baseline of €369,563 (€3,454/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 €369,563, adjusted for condition and micro-location, gives a modelled fair value of €449,710 (€4,203/m²), a €50,710 (11.3%) gap versus the €399,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Metalúrgicos | Subject | €399,000 | €3,729 | — | 78 | 54 |
| 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) · 51cd06 | Active | €599,000 | €5,990 | 60.6% | 82 | 54 |
| rua das Oliveiras, 8 | Active | €290,000 | €4,203 | 12.7% | 72 | 58 |
| Setúbal (São Sebastião) · 7cad38 | Active | €375,000 | €3,750 | 0.6% | 80 | 50 |
| Median comp | €387,000 | €3,977 | 6.6% | 78 | 52 |
Long-term rental This property offers a promising opportunity for long-term rental given its fair value of €449,710 compared to the listing price of €399,000, creating an 11.3% gap. The gross yield of 2.7% indicates stable returns in a transitioning neighborhood with decent tenant quality. Buy-and-hold Purchasing this 2-bed house can be advantageous for a buy-and-hold strategy, as its market conditions suggest potential appreciation with a current listing that is underpriced compared to the fair value. With a good condition rating of 78/100, investors can expect steady growth in value and rental demand in the evolving Setúbal area.
Economic Vulnerability The property faces a risk due to an economic stability score of 50/100, indicating potential economic challenges that could affect rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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