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 80 m² on the 3rd floor, energy rating D. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment's top-floor location ensures enhanced privacy and picturesque city views from the balcony, making it a tranquil retreat in a central neighborhood. Additional Context: Being close to essential amenities contributes to its appeal.
The valuation. The asking price of €235,000 sits significantly below the fair value of €300,784, representing a difference of €65,784 (21.9%). This property is clearly underpriced in the current market.
Fair value modelled at €300,784 from 6 comparable sales in the area. Asking €235,000 sits €65,784 (21.9%) below — the upside to fair value.
Asking €235,000 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €275,534 (€3,444/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €275,534, adjusted for condition and micro-location, gives a modelled fair value of €300,784 (€3,760/m²), a €65,784 (21.9%) gap versus the €235,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · 468026 | Subject | €235,000 | €2,938 | — | 72 | 49 |
| Setúbal (São Sebastião) · f365fe | Active | €235,000 | €4,052 | 37.9% | 70 | 59 |
| rua do Mirante | Active | €279,000 | €3,623 | 23.3% | 74 | 42 |
| Setúbal (São Sebastião) · 938516 | Active | €275,000 | €3,767 | 28.2% | — | 56 |
| rua Moinho do Frade, 5 | Active | €379,000 | €3,752 | 27.7% | 73 | 53 |
| Median comp | €277,000 | €3,760 | 28.0% | 73 | 55 |
Long-term rental This 2-bed apartment in Setúbal offers an attractive long-term rental yield of 4.5%, significantly enhanced by its current listing price, which is 21.9% below the fair value. The rural location, despite its lower amenities and population density, presents a stable market for long-term tenants seeking affordability. Family rental With a fair value of €300,784, the apartment's listing at €235,000 positions it well for families looking for spacious accommodation without breaking the bank, particularly in a quieter rural setting. Although the neighbourhood scores 49/100, the property’s condition rating of 69/100 suggests that it’s suitable for families seeking comfort and space at a competitive rental price.
Economic vulnerability to downturns With an economic stability score of 40/100, there is a significant risk that the local economy could face downturns, potentially leading to decreased tenant demand and property value.
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