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 79 m², built in 1996, energy rating E. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Notable Features: The apartment includes a spacious entry hall and a living room with a fireplace, enhancing its appeal for cozy gatherings in the colder months.
The valuation. The asking price of €275,000 is significantly above the fair value of €122,012, marking a difference of €152,988, or 55.6%. This property is considered overpriced in the current market. Buy-to-flip angle. With strategic renovations targeting the more basic areas, such as the hallway, flipping this apartment could yield a profit if the resale price can be significantly increased above the purchase price. Buy-to-let angle. The estimated rental income of €710 per month offers a gross yield of 3.1%, making it a moderate option for long-term or family rentals in the mixed neighborhood of Setúbal.
Fair value modelled at €122,012 from the area baseline, adjusted for condition and location. Asking €275,000 sits €152,988 (55.6%) above — overpriced versus fair value.
Asking €275,000 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €125,452 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 (Condition 70 · Materials 75 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 52/100 (Housing Market 50 · Amenities 50 · Economic 40 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Setúbal (São Sebastião), Setúbal, Setúbal
Area baseline €125,452 + condition -€4,444 + location +€1,004 = modelled fair value of €122,012 (€1,544/m²), a €152,988 (55.6%) gap versus the €275,000 asking price.
Long-term rental With a fair value of €122,012, the property's listing price of €275,000 indicates it is overpriced by 55.6%, making a sustainable long-term rental strategy challenging. The gross yield of 3.1% is insufficient to justify the current asking price, given the subpar neighborhood rating of 52/100. Family rental The high listing price of €275,000 relative to its fair value of €122,012 suggests that this property is overpriced, limiting its appeal for family rentals that typically favor value for money. Additionally, the average condition score of 71/100 paired with a neighborhood score of 52/100 raises concerns about market competitiveness and tenant satisfaction. Not ideal for short-term vacation rental Given its 55.6% premium over fair value, this property is not suitable for short-term vacation rentals, which prioritize lower price points and higher yield potential. Coupled with a dismal neighborhood rating, the investment is unlikely to attract transient tenants seeking better experiences elsewhere. Not ideal for luxury market The property’s substantial overpricing at €275,000 versus its fair value of €122,012 makes it unsuitable for the luxury market, which aims for strong value alignment. Additionally, the neighborhood's average rating of 52/100 further detracts from any luxury appeal, posing significant investment risks.
High Economic Risk With an economic stability score of 40/100, there is a significant risk of economic downturn affecting the property's value and rental income.