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.
1-bedroom, 1-bathroom apartment of 100 m², built in 1985, energy rating D. Located Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This apartment includes a generous storage space, enhancing practicality for urban living while situated in the desirable Liceu neighborhood, known for its vibrant community and amenities.
The valuation. The asking price of €245,000 is below the fair value of €274,580, presenting an opportunity for investment as the property is underpriced by €29,580 (12.1%). Buy-to-flip angle. Investors can implement a wholesale strategy by enhancing the property with value-add renovations, targeting a resale at an advantageous margin above market value. Buy-to-let angle. With an estimated rental income of €858 per month, this apartment presents a gross yield of 4.2%, appealing for long-term rental strategies in a mixed-neighborhood with solid demand.
Fair value modelled at €274,580 from the area baseline, adjusted for condition and location. Asking €245,000 sits €29,580 (12.1%) below — the upside to fair value.
Asking €245,000 versus the Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça), Setúbal, Setúbal area baseline of €264,600 (€2,646/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 80 · Materials 79 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 55/100 (Housing Market 50 · Amenities 50 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça), Setúbal, Setúbal
Area baseline €264,600 + condition +€4,688 + location +€5,292 = modelled fair value of €274,580 (€2,746/m²), a €29,580 (12.1%) gap versus the €245,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 4b9a3b | Subject | €245,000 | €2,450 | — | 80 | 55 |
| rua das Areias, 9 | Active | €349,000 | €2,390 | 2.4% | 70 | 49 |
| Setúbal (São Sebastião) · 96c49c | Active | €179,000 | €2,521 | 2.9% | 73 | 49 |
| praceta Doutor José Romão dos Santos Ferro, 27 | Active | €199,000 | €2,010 | 18.0% | 70 | 46 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 96c5e7 | Active | €269,000 | €3,363 | 37.2% | 72 | 45 |
| Median comp | €234,000 | €2,456 | 0.2% | 71 | 48 |
Long-term rental This 1-bed apartment in Setúbal exhibits an attractive gross yield of 4.2%, making it a viable option for long-term rental investment. The property is currently priced at €245,000, which is 12.1% below its fair value of €274,580, indicating a compelling opportunity in a stable suburban environment. Value-add renovation Investing in a value-add renovation strategy could enhance the appeal of this apartment, potentially increasing its value beyond the current fair valuation. With a decent condition score of 78/100, targeted improvements could capitalize on the existing price gap and capitalize on Setúbal's economic potential. Short-term vacation rental This property is not a suitable candidate for short-term vacation rental given its location and the moderate neighborhood score of 55/100, which may deter transient guests. The suburban setting and access to amenities further suggest that it may not attract the desired tourist demographic. Luxury market The apartment is not positioned within the luxury market segment, which requires higher-end finishes and exclusive locations. Given its current pricing and neighborhood rating, this investment would not meet the criteria for luxury buyers.
Economic Vulnerability With an economic stability score of 60/100, the property may be exposed to fluctuations that could affect rental income and property value. Tenant Vulnerability A tenant stability score of 60/100 suggests a higher likelihood of tenant turnover, potentially leading to increased vacancy rates and inconsistent cash flow.
