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.
1-bedroom, 1-bathroom apartment of 76 m², built in 2003. Located Sado parish, Setúbal municipality, Setúbal district. This apartment features direct access to a pleasant balcony with unobstructed views, enhancing its appeal for outdoor relaxation in a serene environment.
The valuation. The asking price of €370,000 is significantly higher than the fair value of €215,375, resulting in an overpriced situation of €154,625 (41.8%). This discrepancy suggests a challenging investment outlook. Buy-to-flip angle. With a potential resale plan, a strategic renovation could enhance the property’s appeal to achieve a higher market price, but the current valuation indicates a need for significant improvements to justify profit. Buy-to-let angle. The estimated gross yield is 0%, indicating no immediate rental income potential. This suggests that the property may not be suitable for a long-term rental strategy without substantial value enhancement first.
Fair value modelled at €215,375 from the area baseline, adjusted for condition and location. Asking €370,000 sits €154,625 (41.8%) above — overpriced versus fair value.
Asking €370,000 versus the Sado, Setúbal, Setúbal area baseline of €209,152 (€2,752/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 72 · Materials 76 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 59/100 (Housing Market 50 · Amenities 50 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Sado, Setúbal, Setúbal
Area baseline €209,152 + condition -€1,306 + location +€7,529 = modelled fair value of €215,375 (€2,834/m²), a €154,625 (41.8%) gap versus the €370,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Sado · 023cd0 | Subject | €370,000 | €4,868 | — | 72 | 59 |
| rua Doctor Luis Teixeira de Macedo e Castro, 12 | Active | €235,000 | €3,983 | 18.2% | 85 | 45 |
| rua 16 de Novembro, 2 | Active | €210,000 | €2,958 | 39.2% | 72 | 54 |
| rua José Fontana | Active | €190,000 | €3,455 | 29.0% | — | 51 |
| Setúbal (São Sebastião) · f35fb5 | Active | €329,999 | €3,976 | 18.3% | — | 49 |
| Median comp | €222,500 | €3,716 | 23.7% | 79 | 50 |
Long-term rental This property, with a listing price of €370,000, is overpriced by 41.8% compared to its fair value of €215,375, indicating it may not provide sufficient financial return in the long-term rental market. Additionally, the zero percent gross yield suggests a lack of rental income potential given the current pricing. Value-add renovation Despite its potential for improvement, the €370,000 price tag denotes an overpriced entry point for a value-add renovation strategy, particularly given a condition score of 74/100. Renovations may increase value, but the current gap from fair value could hinder a profitable exit. Family rental The current asking price of €370,000 positions the property as overpriced, making it less appealing for families seeking long-term rentals in a moderately accessible neighborhood. With a neighborhood rating of 59/100, the overall value proposition is weakened under the current market conditions.
Economic Vulnerability The property is at risk due to a low economic stability score of 55/100, indicating potential susceptibility to economic fluctuations.
