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 93 m², built in 1969, energy rating C. Located on avenida Luísa Todi, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment offers direct access to a pleasant balcony from the bright living room, enhancing indoor-outdoor living experiences in a prime location near Bonfim Park.
The valuation. The asking price of €340,000 is significantly above the fair value of €256,634, representing an overpricing of €83,366 or 24.5%. This property does not qualify as a deal given its excessive valuation.
Fair value modelled at €256,634 from the area baseline, adjusted for condition and location. Asking €340,000 sits €83,366 (24.5%) above — overpriced versus fair value.
Asking €340,000 versus the avenida Luísa Todi area baseline of €246,078 (€2,646/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 56/100 (Housing Market 50 · Amenities 60 · Economic 55 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
avenida Luísa Todi
Area baseline €246,078 + condition +€4,650 + location +€5,906 = modelled fair value of €256,634 (€2,760/m²), a €83,366 (24.5%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Luísa Todi | Subject | €340,000 | €3,656 | — | 75 | 56 |
| avenida de Angola | Active | €349,000 | €3,173 | 13.2% | 76 | 47 |
| Setúbal (São Sebastião) · 96c699 | Active | €290,000 | €3,021 | 17.4% | 74 | 46 |
| largo José Joaquim Cabecinha, 17 | Active | €270,000 | €2,368 | 35.2% | 70 | 53 |
| rua Mariano Coelho | Active | €435,000 | €3,085 | 15.6% | 76 | 54 |
| Median comp | €319,500 | €3,053 | 16.5% | 75 | 50 |
Long-term rental The property is overpriced at a listing price of €340,000 compared to a fair value of €256,634, resulting in a significant gap of 24.5%. With a gross yield of only 3.4% in a neighbourhood rated 56/100, it is unlikely to provide attractive returns for long-term rental investors. Buy-and-hold Given the substantial 24.5% overshoot from fair value and the suburban location's influence from nearby industrial zones, the investment does not align with a positive buy-and-hold strategy. The current yield of 3.4% coupled with a property condition score of 78/100 indicates that potential appreciation may not offset the initial purchase price.
Economic and tenant instability With an economic stability score of 55/100 and a tenant stability score of 55/100, there is a heightened risk of fluctuations in rental income and property value due to potential economic downturns and tenant turnover.
