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 110 m². Located Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment boasts an impressive 80 m² terrace, ideal for outdoor leisure, and includes a private parking space of 22 m² for added convenience.
The valuation. The asking price of €345,000 exceeds the fair value of €251,584 by €93,416 (27.1%), indicating that the property is overpriced. Buyers should carefully consider this discrepancy before proceeding.
Fair value modelled at €251,584 from the area baseline, adjusted for condition and location. Asking €345,000 sits €93,416 (27.1%) above — overpriced versus fair value.
Asking €345,000 versus the Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça), Setúbal, Setúbal area baseline of €285,010 (€2,591/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 50/100 (Condition 55 · Materials 60 · Room dimensions 45). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 53/100 (Housing Market 50 · Amenities 50 · 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 €285,010 + condition -€42,969 + location +€3,493 = modelled fair value of €251,584 (€2,287/m²), a €93,416 (27.1%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 023c60 | Subject | €345,000 | €3,136 | — | 55 | 53 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 0dcff3 | Active | €345,000 | €3,350 | 6.8% | — | 47 |
| Setúbal (São Sebastião) · 4bc79f | Active | €210,000 | €2,059 | 34.4% | 55 | 47 |
| praceta Fernando Pessoa | Active | €329,000 | €3,576 | 14.0% | 65 | 45 |
| avenida República da Guiné-Bissau | Active | €350,000 | €2,846 | 9.3% | 54 | 48 |
| Median comp | €337,000 | €3,098 | 1.2% | 55 | 47 |
Long-term rental The property is currently listed at €345,000, which is 27.1% above its fair value of €251,584, indicating it is overpriced. With a gross yield of only 3.7% and a condition rating of 50/100, the potential for consistent tenant demand in this peripheral area may not justify this price point. Buy-and-hold Investing in this property for the buy-and-hold strategy is challenged by its 27.1% premium over fair value and an unappealing condition score of 50/100. The rural amenities and limited educational infrastructure suggest a slower appreciation of value, making this investment less attractive.
Tenant turnover risk: With a tenant stability score of 60/100, there is a significant risk of increased tenant turnover, leading to potential income loss and increased vacancy rates.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
