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 53 m², energy rating D. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Notable Features: The apartment includes access to dedicated parking in a sought-after area, and its modern renovations enhance both aesthetic appeal and functionality for potential buyers or renters.
The valuation. The asking price of €220,000 exceeds the fair value of €150,402 by €69,598, representing an overvaluation of 31.6%. This suggests the property is overpriced relative to its true worth.
Fair value modelled at €92,085 from the area baseline, adjusted for condition and location. Asking €220,000 sits €127,915 (58.1%) above — overpriced versus fair value.
Asking €220,000 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €84,164 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 75 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 60/100 (Housing Market 65 · Amenities 55 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Setúbal (São Sebastião), Setúbal, Setúbal
Area baseline €84,164 + condition +€4,555 + location +€3,367 = modelled fair value of €92,085 (€1,737/m²), a €127,915 (58.1%) gap versus the €220,000 asking price.
Long-term rental This 2-bed apartment in Setúbal is priced at €220,000, significantly above the fair value of €150,402, indicating it is overpriced by 31.6%. With a gross yield of 3.8%, the long-term rental potential may not justify the current asking price given the economic factors and tenant quality in the neighbourhood. Family rental While the apartment could potentially serve families seeking long-term housing, its listing price does not align with the fair market assessment, marking it as overpriced. The average condition score of 81/100 suggests livability, yet the overall valuation remains a concern for family rental investments. Buy-and-hold Although buy-and-hold strategies typically benefit from property appreciation over time, this listing's price of €220,000 compared to a fair value of €150,402 indicates it is overpriced. Investors should be cautious, as the current yield of 3.8% may not provide adequate returns to offset the initial investment cost in a challenging neighbourhood.
Economic and Tenant Risk With both economic and tenant stability scores at 60/100, there is a heightened risk of unstable rental income and potential vacancies affecting overall property profitability.
