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 152 m², built in 2003. Located Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This apartment includes a charming balcony that offers scenic views of nearby Algodeia Park, perfect for outdoor relaxation or entertaining guests.
The valuation. The asking price of €515,000 sits significantly above the fair value of €417,728, representing an overvaluation of €97,272 (18.9%). This price points to a less competitive investment in the current market.
Fair value modelled at €417,728 from the area baseline, adjusted for condition and location. Asking €515,000 sits €97,272 (18.9%) above — overpriced versus fair value.
Asking €515,000 versus the Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça), Setúbal, Setúbal area baseline of €402,192 (€2,646/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 73 · Materials 79 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 57/100 (Housing Market 45 · Amenities 50 · Economic 40 · Tenant Quality 50). 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 €402,192 + condition +€4,275 + location +€11,261 = modelled fair value of €417,728 (€2,748/m²), a €97,272 (18.9%) gap versus the €515,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 25f8ff | Subject | €515,000 | €3,388 | — | 73 | 57 |
| Setúbal (São Sebastião) · 0dcf31 | Active | €449,000 | €3,773 | 11.4% | 73 | 44 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · ba5ac0 | Active | €360,000 | €3,529 | 4.2% | 75 | 56 |
| avenida Doutor António Rodrigues Manito | Active | €350,000 | €3,889 | 14.8% | 75 | 54 |
| Setúbal (São Sebastião) · 96c699 | Active | €290,000 | €3,021 | 10.8% | 74 | 46 |
| Median comp | €355,000 | €3,651 | 7.8% | 75 | 50 |
Long-term rental The 3-bed apartment in Setúbal is currently overpriced at €515,000, with a fair value assessed at €417,728, indicating an 18.9% premium. With a low gross yield of 2.8% and a neighborhood score of 57/100, this investment lacks attractive financial returns for long-term rental viability. Buy-and-hold At €515,000, this property exceeds its fair value by 18.9%, making it less appealing for a buy-and-hold strategy. The combination of a moderate yield of 2.8% and the condition rating of 77/100 suggests limited potential for long-term appreciation in a region with agricultural focus and minimal urban infrastructure.
Economic and Tenant Instability Risk The low economic stability score of 40/100 combined with a tenant stability score of 50/100 indicates a significant risk of fluctuating rental income and potential vacancy issues due to instability in the local economy and tenant turnover.
