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 160 m², energy rating B. Located on rua Fernando Santos, 84, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Feature: This apartment includes unobstructed views from its balconies, enhancing the overall aesthetic and allowing for excellent natural light throughout the spacious living areas.
The valuation. The property is listed at €464,000, which is €38,277 (8.2%) above the fair value of €425,723. As such, the asking price is considered overpriced.
Fair value modelled at €425,723 from the area baseline, adjusted for condition and location. Asking €464,000 sits €38,277 (8.2%) above — overpriced versus fair value.
Asking €464,000 versus the rua Fernando Santos, 84 area baseline of €423,360 (€2,646/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 78 · Materials 80 · Room dimensions 74). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 48/100 (Housing Market 45 · Amenities 40 · Economic 35 · Tenant Quality 60). Softer demand indicators apply a discount to baseline. Full location report →
rua Fernando Santos, 84
Area baseline €423,360 + condition +€5,750 + location -€3,387 = modelled fair value of €425,723 (€2,661/m²), a €38,277 (8.2%) gap versus the €464,000 asking price.
Long-term rental This property, listed at €464,000, is overpriced compared to its fair value of €425,723, suggesting limited upside for long-term rental yields. With a gross yield of only 3.7% and a neighborhood rating of 48/100, the investment may struggle to attract high-quality tenants over time. Family rental While the apartment could appeal to families given its size and three bedrooms, the 8.2% gap from fair value indicates a premium that may not translate into proportional rental returns. With a condition score of 77/100 but in a neighborhood rated only 48/100, potential family tenants may seek more value for their money elsewhere.
Low Economic Growth Risk The economic stability score of 35/100 suggests a weak economic environment that could negatively impact rental income and property value.