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, 1-bathroom apartment of 99 m², built in 1997, energy rating D. Located on praceta Doutor José Romão dos Santos Ferro, 27, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This apartment offers a functional kitchen with modern appliances and ample storage, along with bright natural light that enhances the spacious living area.
The valuation. The asking price of €199,000 sits €56,988 or 28.6% above the fair value of €142,012, indicating that the property is overpriced. This disparity suggests careful consideration before proceeding with any investment.
Fair value modelled at €142,012 from the area baseline, adjusted for condition and location. Asking €199,000 sits €56,988 (28.6%) above — overpriced versus fair value.
Asking €199,000 versus the praceta Doutor José Romão dos Santos Ferro, 27 area baseline of €157,212 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 70 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 46/100 (Housing Market 40 · Amenities 35 · Economic 45 · Tenant Quality 60). Softer demand indicators apply a discount to baseline.
praceta Doutor José Romão dos Santos Ferro, 27
Area baseline €157,212 + condition -€12,684 + location -€2,515 = modelled fair value of €142,012 (€1,434/m²), a €56,988 (28.6%) gap versus the €199,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Doutor José Romão dos Santos Ferro, 27 | Subject | €199,000 | €2,010 | — | 70 | 46 |
| Setúbal (São Sebastião) · 96c49c | Active | €179,000 | €2,521 | 25.4% | 73 | 49 |
| estrada de Palmela Rio da Figueira | Active | €228,000 | €2,327 | 15.7% | 70 | 46 |
| Setúbal (São Sebastião) · 4ba223 | Active | €175,000 | €2,612 | 29.9% | — | 49 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 09025f | Active | €290,000 | €2,117 | 5.3% | 65 | 56 |
| Median comp | €203,500 | €2,424 | 20.6% | 70 | 49 |
Long-term rental The 2-bed apartment in Setúbal is currently priced at €199,000, which represents a 28.6% premium over its fair value of €142,012, indicating it is overpriced. With a gross yield of 4.8% and a condition rating of 67/100, this property lacks the competitive advantage necessary for long-term rental success in a neighbourhood with a low rating of 46/100 for amenities and tenant quality. Family rental Although the property is positioned as a potential family rental, the asking price of €199,000 exceeds its fair value by 28.6%, making it overpriced in the current market. Coupled with a modest yield of 4.8% and limited local amenities, this investment may struggle to attract families seeking affordable housing options.
High economic risk The property is located in an area with a low economic stability score of 45/100, indicating potential challenges in rental demand and property value fluctuations.
