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 85 m², built in 1980, energy rating D. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This apartment includes PVC windows with double glazing for improved thermal and acoustic insulation, and is located on the ground floor for convenient access without sacrificing privacy.
The valuation. The asking price of €239,000 sits significantly above the fair value of €31,051, indicating an overpriced position of €207,949 or 87.0% above fair market value. This prompts caution for potential investors considering the acquisition. Buy-to-flip angle. The buy-to-flip strategy for this property may be challenging due to its condition rating of 0/100, limiting the potential for a quick resale unless extensive renovations are undertaken. A clear plan for value-add renovations would be necessary to attract buyers. Buy-to-let angle. The rental income potential is estimated at €817/month, yielding approximately 4.1%. However, the rural location and mixed neighborhood score may hinder long-term tenant demand and impact occupancy rates significantly.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · b7c263 | Subject | €239,000 | €2,812 | — | — | 42 |
| Setúbal (São Sebastião) · 938516 | Active | €275,000 | €3,767 | 34.0% | — | 56 |
| avenida Bento Jesus Caraça | Active | €219,500 | €3,228 | 14.8% | 70 | 59 |
| Setúbal (São Sebastião) · f365fe | Active | €235,000 | €4,052 | 44.1% | 70 | 59 |
| Setúbal (São Sebastião) · 6fb95c | Active | €228,000 | €3,800 | 35.1% | 72 | 46 |
| Median comp | €231,500 | €3,784 | 34.6% | 70 | 58 |
Long-term rental The 2-bed apartment in Setúbal is overpriced at €239,000, significantly exceeding its fair value of €31,051, which presents a considerable risk for long-term rental. With a low gross yield of 4.1% and a lack of employment opportunities in the area, long-term rental returns are unlikely to meet investor expectations. Value-add renovation Although the property could benefit from renovation, the current price of €239,000 suggests that it is overpriced by a substantial margin, with a fair value of just €31,051. Given its poor condition rating of 0/100 and a neighborhood quality score of 42/100, the investment may not yield the desired returns even post-renovation, stressing caution for potential investors. Not ideal for student housing This property is not suitable for student housing, given its high asking price of €239,000 compared to a fair value of only €31,051, which indicates overpricing. The rural location and limited local employment options further reduce the attractiveness of this apartment for students seeking affordable housing. Not ideal for luxury market The apartment does not fit the luxury market category, as its listing price of €239,000 is overstated against the fair value of €31,051. The significant gap in pricing and the neighborhood score of 42/100 indicate that attracting high-end clients would be a challenge in this environment.
Economic Vulnerability The low economic stability score of 35/100 indicates a significant risk of downturns that could impact property values and rental income.**
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