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 129 m², energy rating C. Located on rua Camilo Castelo Branco, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. This apartment features a cozy fireplace and a private balcony, providing a welcoming atmosphere for relaxation and leisure, alongside practical amenities like private parking and a storage room.
The valuation. The asking price of €340,000 is significantly above the fair value of €206,302, resulting in an overvaluation of €133,698 (39.3%). This discrepancy suggests that the property is overpriced. Buy-to-flip angle. A buy-to-flip strategy may not be feasible given the current asking price, which would limit potential profit margins upon resale. A significant investment in renovations would be necessary to justify a higher resale price. Buy-to-let angle. The estimated rental income of €1,105 per month yields a gross yield of 3.9%. This return aligns with buy-and-hold strategies, targeting family rental demographics in a semi-rural setting with supportive proximity to Setúbal.
Fair value modelled at €206,302 from the area baseline, adjusted for condition and location. Asking €340,000 sits €133,698 (39.3%) above — overpriced versus fair value.
Asking €340,000 versus the rua Camilo Castelo Branco area baseline of €307,923 (€2,387/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 75 · Room dimensions 78). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 53/100 (Housing Market 50 · Amenities 50 · Economic 60 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
rua Camilo Castelo Branco
Area baseline €307,923 + condition -€1,008 + location +€2,458 = modelled fair value of €206,302 (€1,599/m²), a €133,698 (39.3%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Camilo Castelo Branco | Subject | €340,000 | €2,636 | — | 72 | 53 |
| rua Jerónimo Osório de Castro, 3 | Active | €600,000 | €2,459 | 6.7% | 75 | 49 |
| rua Bombeiros de Setúbal | Active | €380,000 | €2,568 | 2.6% | 75 | 45 |
| Setúbal (São Sebastião) · 6d5385 | Active | €300,000 | €2,521 | 4.3% | 68 | 45 |
| avenida Mestre Lima de Freitas, 49 | Active | €449,000 | €2,860 | 8.5% | 74 | 54 |
| Median comp | €414,500 | €2,545 | 3.5% | 75 | 47 |
Buy-and-hold The 3-bed apartment in Setúbal is currently overpriced with a gap of 39.3% compared to its fair value of €206,302, presenting a high risk for long-term investment. The gross yield of 3.9% is not compelling enough to justify the inflated price in a neighbourhood rated only 53/100, indicating limited potential for appreciation. Family rental While the apartment could serve as a family rental, its current selling price significantly exceeds the fair value, making it a less attractive option for potential renters. The neighbourhood's 53/100 rating suggests there could be challenges in securing high-quality tenants willing to pay higher rents in an overpriced market. Long-term rental Investing in this property for long-term rental purposes seems impractical due to its overpriced listing, which offers a less enticing yield of 3.9%. The condition score of 75/100 combined with a neighbourhood rating of 53/100 suggest that maintaining consistent rental income at this price point may be difficult over time.
Tenant turnover risk: With a tenant stability score of 55/100, this indicates a moderate likelihood of tenant turnover, which could lead to increased vacancy rates and potential loss of rental income.
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