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 102 m², built in 2012. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. This apartment features generous room sizes and abundant natural light, creating a welcoming atmosphere for family gatherings.
The valuation. The asking price of €210,000 sits below the fair value of €230,316, making it underpriced by €20,316 (9.7%). This presents a favorable purchasing opportunity for potential investors.
Fair value modelled at €123,695 from the area baseline, adjusted for condition and location. Asking €210,000 sits €86,305 (41.1%) above — overpriced versus fair value.
Asking €210,000 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €161,976 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 52/100 (Condition 55 · Materials 50 · Room dimensions 54). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 47/100 (Housing Market 40 · Amenities 45 · Economic 35 · Tenant Quality 55). Softer demand indicators apply a discount to baseline. Full location report →
Setúbal (São Sebastião), Setúbal, Setúbal
Area baseline €161,976 + condition -€36,337 + location -€1,944 = modelled fair value of €123,695 (€1,213/m²), a €86,305 (41.1%) gap versus the €210,000 asking price.
Long-term rental The property is well-situated for long-term rental, given the 4.7% gross yield and the 9.7% gap to fair value. While the neighborhood score of 47/100 indicates some areas for improvement, the overall market conditions favor sustained demand for long-term tenants. Value-add renovation Opportunities exist for value-add renovations, particularly considering the property's current condition rating of 52/100, which suggests potential for enhancement. Investing in upgrades could significantly increase the property’s appeal and rental income, closing the 9.7% gap to its fair value.
High Vacancy Risk Given the economic stability score of 35/100, there is a significant risk of high vacancy rates impacting rental income potential as the local market may struggle to attract and retain tenants.
