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 137 m². Located Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This apartment includes two balconies that offer direct access to natural light, enhancing the living space's ambiance and showcasing views of the calm residential area.
The valuation. The asking price of €290,000 is significantly below its fair value of €345,943, representing a discount of €55,943 (19.3%). This property is considered underpriced and presents an attractive buying opportunity.
Fair value modelled at €345,943 from the area baseline, adjusted for condition and location. Asking €290,000 sits €55,943 (19.3%) below — the upside to fair value.
Asking €290,000 versus the Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça), Setúbal, Setúbal area baseline of €362,502 (€2,646/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 (Condition 65 · Materials 70 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 56/100 (Housing Market 60 · Amenities 55 · Economic 50 · 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 €362,502 + condition -€25,259 + location +€8,700 = modelled fair value of €345,943 (€2,525/m²), a €55,943 (19.3%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 09025f | Subject | €290,000 | €2,117 | — | 65 | 56 |
| praceta Doutor José Romão dos Santos Ferro, 27 | Active | €199,000 | €2,010 | 5.0% | 70 | 46 |
| Setúbal (São Sebastião) · 96c49c | Active | €179,000 | €2,521 | 19.1% | 73 | 49 |
| Setúbal (São Sebastião) · 4ba223 | Active | €175,000 | €2,612 | 23.4% | — | 49 |
| estrada de Palmela Rio da Figueira | Active | €228,000 | €2,327 | 9.9% | 70 | 46 |
| Median comp | €189,000 | €2,424 | 14.5% | 70 | 48 |
Long-term rental This 2-bed apartment in Setúbal is positioned for long-term rental success, being subvalued by 19.3% against its fair value of €345,943. With growth potential in the local housing market, investing now could yield substantial returns in the coming years. Buy-and-hold Owning this property as a buy-and-hold investment strategy makes sense, given its current price of €290,000 is significantly below fair market value. Long-term appreciation in an improving neighborhood can enhance the investment's overall value and provide consistent equity growth over time.
Tenant turnover risk With a tenant stability score of 60/100, there is a moderate risk of tenant turnover that could impact cash flow and occupancy rates.
