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, 2-bathroom apartment of 110 m² on the 7th floor, built in 1999, energy rating C. Located on rua Doutor António Manuel Gamito, 19, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. This apartment's unique selling point is its prominent location near Estádio do Bonfim, offering residents not only scenic views but also vibrant local culture and events.
The valuation. The asking price of €315,000 is 4.0% above the fair value of €302,342, which suggests the property is overpriced given the local market conditions. Buyers should proceed with caution regarding the investment's value. Buy-to-flip angle. A resale strategy could aim for a quick flip post-renovation, targeting affluent buyers in Setúbal, though the current pricing challenges profitability within a reasonable timeframe. Buy-to-let angle. With an estimated rental income of €971 per month, the gross yield of 3.7% indicates a modest return, appealing to long-term investors seeking family rentals in a mixed neighborhood.
Fair value modelled at €302,342 from the area baseline, adjusted for condition and location. Asking €315,000 sits €12,658 (4.0%) above — overpriced versus fair value.
Asking €315,000 versus the rua Doutor António Manuel Gamito, 19 area baseline of €291,060 (€2,646/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 56/100 (Housing Market 50 · Amenities 60 · Economic 45 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Doutor António Manuel Gamito, 19
Area baseline €291,060 + condition +€4,297 + location +€6,985 = modelled fair value of €302,342 (€2,749/m²), a €12,658 (4.0%) gap versus the €315,000 asking price.
Buy-and-hold The property in Setúbal, listed at €315,000, is currently overpriced by 4.0% compared to its fair value of €302,342, which diminishes its potential for long-term appreciation. With a gross yield of only 3.7% and a neighbourhood score of 56/100, this investment may not generate sufficient returns to justify the higher purchase price. Family rental While the 2-bedroom apartment could cater to families, its current listing reflects a 4.0% overpricing compared to fair market valuation at €302,342. The combination of a modest 3.7% yield and a neighbourhood score of 56/100 suggests that the investment may struggle to attract reliable tenancy at this price point.
Low Economic Stability Risk The economic stability score of 45/100 indicates a weak economic environment that may affect property demand and rental income stability in the future.
