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 119 m². Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment includes two spacious balconies, one of which is enclosed for versatile use, maximizing natural light and enhancing the living space's functionality.
The valuation. The asking price of €449,000 stands significantly above the fair value of €188,155, indicating it is overpriced by €260,845 (58.1%). This discrepancy suggests limited appeal for cautious investors seeking fair market opportunities.
Fair value modelled at €188,155 from the area baseline, adjusted for condition and location. Asking €449,000 sits €260,845 (58.1%) above — overpriced versus fair value.
Asking €449,000 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €188,972 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 73 · Materials 78 · Room dimensions 81). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 44/100 (Housing Market 40 · Amenities 45 · Economic 35 · Tenant Quality 55). Softer demand indicators apply a discount to baseline.
Setúbal (São Sebastião), Setúbal, Setúbal
Area baseline €188,972 + condition +€3,719 + location -€4,535 = modelled fair value of €188,155 (€1,581/m²), a €260,845 (58.1%) gap versus the €449,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · 0dcf31 | Subject | €449,000 | €3,773 | — | 73 | 44 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 25f8ff | Active | €515,000 | €3,388 | 10.2% | 73 | 57 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · ba5ac0 | Active | €360,000 | €3,529 | 6.5% | 75 | 56 |
| avenida Doutor António Rodrigues Manito | Active | €350,000 | €3,889 | 3.1% | 75 | 54 |
| avenida Mestre Lima de Freitas, 49 | Active | €449,000 | €2,860 | 24.2% | 74 | 54 |
| Median comp | €404,500 | €3,459 | 8.3% | 75 | 55 |
Long-term rental The 3-bed apartment in Setúbal is not ideal for long-term rental given its overpriced listing of €449,000 compared to a fair value of €188,155, indicating a significant 58.1% gap. Additionally, the low yield of 2.9% suggests that the investment may not provide sufficient returns over time. Family rental This property is overpriced at €449,000, especially when the fair value is only €188,155, leading to a concerning gap of 58.1%. With a poor neighborhood score of 44/100, it may struggle to attract families looking for quality living conditions at this price point.
Economic Vulnerability The low economic stability score of 35/100 indicates a heightened risk of economic downturns impacting property value and rental income.
