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, 1-bathroom apartment of 112 m², built in 1986, energy rating D. Located on rua Major Perestrelo da Conceição S / N, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The property includes a rare private garden in the heart of Setúbal, offering a unique outdoor space for family activities and potential for urban gardening. Condition Notes: The apartment shows average condition with dated finishes needing renovation.
The valuation. The asking price of €245,000 is positioned slightly above the fair value of €240,735, making it overpriced by €4,265 (1.7%). Buyers should consider this discrepancy carefully before investing.
Fair value modelled at €240,735 from the area baseline, adjusted for condition and location. Asking €245,000 sits €4,265 (1.7%) above — overpriced versus fair value.
Asking €245,000 versus the rua Major Perestrelo da Conceição S / N area baseline of €296,352 (€2,646/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 38/100 (Condition 35 · Materials 40 · Room dimensions 40). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 58/100 (Housing Market 50 · Amenities 55 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua Major Perestrelo da Conceição S / N
Area baseline €296,352 + condition -€65,100 + location +€9,483 = modelled fair value of €240,735 (€2,149/m²), a €4,265 (1.7%) gap versus the €245,000 asking price.
Long-term rental This property is priced at €245,000, which is 1.7% above the fair value of €240,735, indicating that it is overpriced. The gross yield of 5.4% suggests decent income potential, but the overall condition rating of 38/100 and a neighbourhood score of 58/100 may hinder long-term tenant demand. Family rental With a valuation of €245,000, this apartment is also considered overpriced compared to its fair value of €240,735. While the 5.4% yield may attract some interest, the average condition and neighbourhood ratings suggest that it may not be ideally suited for family tenants seeking quality living environments.
Economic Vulnerability The property faces a notable risk due to its low economic stability score of 45/100, indicating potential challenges in attracting and maintaining stable tenants.
