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.
1-bedroom, 1-bathroom apartment of 150 m², built in 1994. Located on rua Rodrigo Ferreira da Costa, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This apartment features a unique conversion from an old store, boasting a large 88 m² basement space that offers versatile potential for storage or a home office.
The valuation. The asking price of €275,000 is significantly below the fair value of €415,385, representing a discount of €140,385, or 51.0%. This indicates the property is currently underpriced.
Fair value modelled at €253,511 from the area baseline, adjusted for condition and location. Asking €275,000 sits €21,489 (7.8%) above — overpriced versus fair value.
Asking €275,000 versus the rua Rodrigo Ferreira da Costa area baseline of €238,200 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 75 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 55/100 (Housing Market 50 · Amenities 45 · Economic 35 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua Rodrigo Ferreira da Costa
Area baseline €238,200 + condition +€10,547 + location +€4,764 = modelled fair value of €253,511 (€1,690/m²), a €21,489 (7.8%) gap versus the €275,000 asking price.
Long-term rental Given the property's significant gap of 51.0% below fair value at €275,000, it possesses potential for stable long-term rental income in the rural area of Setúbal. However, with a gross yield of 0%, the immediate return on investment may be limited despite the overall affordability. Value-add renovation With the property condition rated at 80/100, there is room for targeted value-add renovations that could enhance appeal and improve rental potential in a moderately desirable neighborhood with a score of 55/100. Investing in upgrades could increase its fair market value further, making the property a strategic investment opportunity in an otherwise stagnant agricultural economy.
Economic Vulnerability The property faces a risk due to its low economic stability score of 35/100, indicating potential for unstable market conditions that could impact property value and rental income.
