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 76 m², built in 1979, energy rating C. Located on praceta Jorge Afonso, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This apartment boasts a modern kitchen with high-end appliances and a private balcony that enhances indoor-outdoor living in a vibrant neighborhood.
The valuation. The asking price of €274,900 is significantly above the fair value of €209,792, creating an overpricing gap of €65,108 (23.7%). This evaluation suggests that the property does not represent a good investment opportunity in the current market.
Fair value modelled at €209,792 from the area baseline, adjusted for condition and location. Asking €274,900 sits €65,108 (23.7%) above — overpriced versus fair value.
Asking €274,900 versus the praceta Jorge Afonso area baseline of €208,696 (€2,746/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 (Condition 88 · Materials 84 · Room dimensions 83). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 49/100 (Housing Market 40 · Amenities 50 · Economic 35 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
praceta Jorge Afonso
Area baseline €208,696 + condition +€9,500 + location -€804 = modelled fair value of €209,792 (€2,760/m²), a €65,108 (23.7%) gap versus the €274,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Jorge Afonso | Subject | €274,900 | €3,617 | — | 88 | 49 |
| rua de Aljubarrota, 3 | Active | €285,000 | €3,563 | 1.5% | 76 | 50 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 956c80 | Active | €275,000 | €3,198 | 11.6% | 80 | 49 |
| rua São Jorge, 14 | Active | €285,000 | €2,740 | 24.2% | 82 | 55 |
| rua Lúcia da Encarnação Maracoto, 90 | Active | €280,000 | €3,333 | 7.8% | 75 | 51 |
| Median comp | €282,500 | €3,266 | 9.7% | 78 | 51 |
Long-term rental This property, listed at €274,900, is significantly overpriced compared to its fair value of €209,792, representing a gap of 23.7%. With a gross yield of only 3.4% in a neighborhood rated 49/100, the investment's potential return is inadequate under current market conditions. Family rental Given its fair value assessment of €209,792 against a listing price of €274,900, this apartment is overpriced by 23.7%. The neighborhood's lower rating of 49/100, along with limited access to amenities, reduces the attractiveness for families looking for long-term rental options.
Economic Instability Risk With an economic stability score of 35/100, the property is exposed to significant risk due to a potentially weak local economy that may affect rental demand and property value.
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