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 221 m², built in 2002, energy rating D. Located on rua António José Baptista, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. This apartment features three coveted parking spaces and a well-sized balcony, enhancing both convenience and outdoor living in a highly accessible urban location.
The valuation. The asking price of €461,000 is significantly above the fair value of €288,146, resulting in an overpricing of €172,854 or 37.5%. This discrepancy suggests that the property does not represent a sound investment at this price point. Buy-to-flip angle. Given its overpricing, the buy-to-flip strategy would require significant renovations to justify a resale price higher than €461,000, which may not be feasible in the current market conditions. Potential flippers should be cautious about their expected return on investment. Buy-to-let angle. The estimated rental income of €1,460 per month produces a gross yield of 3.8%, which is relatively low given the property’s asking price. Investors seeking long-term rentals may find better opportunities elsewhere, particularly in more economically robust locations.
Fair value modelled at €288,146 from the area baseline, adjusted for condition and location. Asking €461,000 sits €172,854 (37.5%) above — overpriced versus fair value.
Asking €461,000 versus the rua António José Baptista area baseline of €350,948 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 56/100 (Condition 55 · Materials 60 · Room dimensions 58). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 52/100 (Housing Market 50 · Amenities 45 · Economic 55 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
rua António José Baptista
Area baseline €350,948 + condition -€65,609 + location +€2,808 = modelled fair value of €288,146 (€1,304/m²), a €172,854 (37.5%) gap versus the €461,000 asking price.
Buy-and-hold This property, listed at €461,000, significantly exceeds its fair value of €288,146, indicating it is overpriced by 37.5%. Additionally, the gross yield of 3.8% and a condition rating of 56/100 suggest that long-term appreciation may be hindered by the limited economic drivers in its rural location. Long-term rental With a listing price that exceeds fair market value, this 3-bed apartment in Setúbal is overpriced and may not yield the expected returns for long-term rental investments. The low neighbourhood score of 52/100 further indicates potential challenges in securing high-quality tenants and stable rental income.
Economic and Tenant Stability Risk With both Economic and Tenant Stability scores at 55/100, there is a significant risk of experiencing volatility in rental income and potential tenant turnover.
