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 104 m², built in 1988, energy rating D. Located on rua São Jorge, 14, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Exceptional feature: This apartment includes a back access to Rua dos Vidais, enhancing convenience and providing easy access to the city’s amenities and transport options.
The valuation. The asking price of €285,000 is positioned 3.0% below the fair value of €293,688, indicating that this apartment is underpriced based on current market conditions. Buy-to-flip angle. A resale strategy could capitalize on the property’s impressive condition and modern features, potentially allowing for significant profits after renovation and staging. Buy-to-let angle. With an estimated gross yield of 3.7%, renting at approximately €879/month offers a steady income stream, appealing to families in the mixed neighbourhood of Setúbal.
Fair value modelled at €293,688 from the area baseline, adjusted for condition and location. Asking €285,000 sits €8,688 (3.0%) below — the upside to fair value.
Asking €285,000 versus the rua São Jorge, 14 area baseline of €275,184 (€2,646/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 82 · Materials 89 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 55/100 (Housing Market 60 · Amenities 50 · Economic 55 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua São Jorge, 14
Area baseline €275,184 + condition +€13,000 + location +€5,504 = modelled fair value of €293,688 (€2,824/m²), a €8,688 (3.0%) gap versus the €285,000 asking price.
Long-term rental The 2-bed apartment in Setúbal presents a compelling opportunity for long-term rental, as it is priced at €285,000, which is 3.0% below its fair value of €293,688. With a gross yield of 3.7%, this property is positioned to generate steady income while benefiting from the positive demand in the area. Buy-and-hold Investing in this Setúbal apartment aligns well with a buy-and-hold strategy since it is underpriced with a fair value gap of 3.0%. Holding the property for the long term may yield substantial appreciation, especially given the area's mixed economy and housing market fundamentals. Family rental This property is ideally suited for family rental, as it has an 85/100 condition rating that appeals to family tenants seeking quality. Additionally, being priced below fair value, it provides families with a more accessible living option in Setúbal, despite the neighborhood's mixed ratings. Not ideal for luxury market The Setúbal apartment is not suited for the luxury market due to its average neighborhood rating of 55/100 and the modest yields associated with the property. While the pricing is advantageous, the overall appeal may be limited for high-income rental segments. Not ideal for short-term vacation rental Given the apartment's location and amenities, it is not ideal for a short-term vacation rental strategy, as the neighborhood's characteristics may not attract transient visitors. The mixed economic backdrop and lower tenant quality ratings further limit its appeal for this rental model. Not ideal for student housing This property is not well-suited for student housing, as the neighborhood lacks the vibrant environment typically sought by young renters. Coupled with a lower tenant quality rating, the apartment may struggle to attract this demographic, despite its attractive price position.
Economic and Tenant Instability Risk The property faces a significant risk of income variability due to an economic stability score of 55/100 and a tenant stability score of 55/100, indicating potential challenges in maintaining consistent rental income.
