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.
4-bedroom, 2-bathroom apartment of 133 m², built in 1987, energy rating C. Located on avenida Doutor António Rodrigues Manito, 94, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment boasts three solar fronts, ensuring abundant natural light throughout the day, enhancing the spacious layout and modern living experience.
The valuation. The asking price of €340,000 sits €14,243 (4.2%) below the fair value of €354,243, indicating that the property is underpriced in the current market. This presents an appealing opportunity for savvy investors.
Fair value modelled at €354,243 from the area baseline, adjusted for condition and location. Asking €340,000 sits €14,243 (4.2%) below — the upside to fair value.
Asking €340,000 versus the avenida Doutor António Rodrigues Manito, 94 area baseline of €351,918 (€2,646/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 (Condition 73 · Materials 75 · Room dimensions 67). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 58/100 (Housing Market 55 · Amenities 55 · Economic 50 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
avenida Doutor António Rodrigues Manito, 94
Area baseline €351,918 + condition -€8,936 + location +€11,261 = modelled fair value of €354,243 (€2,663/m²), a €14,243 (4.2%) gap versus the €340,000 asking price.
Long-term rental The property presents a gross yield of 4.6%, which aligns well with the long-term rental market's demands in Setúbal. With its location and condition rating of 71/100, it is well-positioned to attract stable tenants seeking a comfortable living space. Family rental As a 4-bed apartment, this property caters perfectly to families looking for spacious accommodations in Setúbal. Its fair value of €354,243 indicates a minor gap of 4.2%, potentially making it an attractive option for families seeking long-term stability in their housing arrangement. Value-add renovation With a condition rating of 71/100, there is clear potential for value-add renovations that can enhance the appeal and rental yield of the property. Investing in improvements could yield significant returns, given the competitive family rental market in the area and its current fair value positioning.
Economic Vulnerability The property faces significant investment risk due to a low economic stability score of 50/100, indicating potential volatility in the local market.