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 140 m², energy rating B. Located on travessa Bonfim, 1, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. This apartment offers a breathtaking river view, along with high-security features such as an armored front door and double-glazed PVC windows that enhance both safety and energy efficiency.
The valuation. The asking price of €399,000 is above the fair value of €378,943, indicating an overvaluation of €20,057 (5.0%). This disparity suggests the property is not currently a favorable investment opportunity.
Fair value modelled at €378,943 from the area baseline, adjusted for condition and location. Asking €399,000 sits €20,057 (5.0%) above — overpriced versus fair value.
Asking €399,000 versus the travessa Bonfim, 1 area baseline of €370,440 (€2,646/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 80 · Room dimensions 74). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 55/100 (Housing Market 45 · Amenities 60 · Economic 50 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
travessa Bonfim, 1
Area baseline €370,440 + condition +€1,094 + location +€7,409 = modelled fair value of €378,943 (€2,707/m²), a €20,057 (5.0%) gap versus the €399,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa Bonfim, 1 | Subject | €399,000 | €2,850 | — | 72 | 55 |
| avenida de Angola | Active | €320,000 | €3,265 | 14.6% | 75 | 48 |
| rua Fernando Santos, 84 | Active | €464,000 | €2,900 | 1.8% | 78 | 48 |
| rua José Pereira Martins, 25 | Active | €359,000 | €2,872 | 0.8% | 80 | 39 |
| avenida de Moçambique, 6 | Active | €430,000 | €2,867 | 0.6% | 75 | 58 |
| Median comp | €394,500 | €2,886 | 1.3% | 77 | 48 |
Long-term rental The property is overpriced at €399,000, exceeding its fair value of €378,943 by 5%. With a gross yield of just 3.6% and a neighbourhood score of 55/100, the long-term rental appeal diminishes, indicating potential challenges in tenant retention. Family rental Despite its size, the family rental strategy faces hurdles due to the property being overpriced at €399,000, compared to a fair value of €378,943. The rural characteristics and a neighbourhood rating of 55/100 suggest that attractively priced family homes may be more appealing in nearby areas, limiting demand here.
Economic Volatility Risk The economic stability score of 50/100 indicates a moderate risk of fluctuations in the local economy that may affect property values and rental income.
