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 103 m² on the 2nd floor, built in 1990, energy rating D. Located on praceta Doutor José Romão dos Santos Ferro, 21, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This apartment benefits from its proximity to both National Road 10 and the A12 highway, ensuring convenient access for commuters and travelers alike. Additional Information: Located on the second floor with elevator access, it boasts excellent sun exposure throughout the day.
The valuation. The asking price of €143,000 is significantly above the fair value of €41,552, with a difference of €101,448 (70.9%). This property is deemed overpriced, reflecting a substantial gap between market expectations and realistic valuation.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Doutor José Romão dos Santos Ferro, 21 | Subject | €143,000 | €1,388 | — | — | 48 |
| praceta Doutor José Romão dos Santos Ferro, 27 | Active | €199,000 | €2,010 | 44.8% | 70 | 46 |
| Setúbal (São Sebastião) · 96c49c | Active | €179,000 | €2,521 | 81.6% | 73 | 49 |
| Setúbal (São Sebastião) · 4ba223 | Active | €175,000 | €2,612 | 88.1% | — | 49 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 09025f | Active | €290,000 | €2,117 | 52.5% | 65 | 56 |
| Median comp | €189,000 | €2,319 | 67.0% | 70 | 49 |
Long-term rental The 2-bed apartment in Setúbal is overpriced at €143,000, with a significant gap of 70.9% from the fair value of €41,552. Additionally, the property’s low condition score of 0/100 and the neighborhood's average rating of 48/100 indicate potential challenges in achieving sustained tenant demand. Family rental Despite the 6.9% gross yield, the substantial overvaluation of the property at €143,000 suggests insufficient return prospects for family rentals in this rural, predominantly agricultural area. The limited urban amenities and average neighborhood quality further contribute to a less favorable rental environment for families seeking long-term housing options.
Economic Vulnerability The low economic stability score of 40 out of 100 indicates a higher risk of economic downturn, potentially leading to decreased property value and tenant turnover.
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