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.
3-bedroom, 2-bathroom apartment of 95 m² on the 1st floor, energy rating C. Located on avenida Nuno Álvares, 8, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment benefits from a well-maintained kitchen and bathrooms, complemented by a calm residential environment with recent façade repairs ensuring enhanced curb appeal.
The valuation. The asking price of €275,000 is very close to the fair value of €276,707, sitting just €1,707 (0.6%) under it. This property is fairly valued, making it a stable investment without immediate pricing concerns.
Fair value modelled at €276,707 from 6 comparable sales in the area. Asking €275,000 sits €1,707 (0.6%) below — the upside to fair value.
Asking €275,000 versus the avenida Nuno Álvares, 8 area baseline of €249,604 (€2,627/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €249,604, adjusted for condition and micro-location, gives a modelled fair value of €276,707 (€2,913/m²), a €1,707 (0.6%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Nuno Álvares, 8 | Subject | €275,000 | €2,895 | — | 65 | 53 |
| rua António Carvalho Serra | Active | €238,000 | €2,559 | 11.6% | 70 | 53 |
| Setúbal (São Sebastião) · 6fbd3a | Active | €285,000 | €2,457 | 15.1% | 70 | 52 |
| Setúbal (São Sebastião) · 0325bf | Active | €283,000 | €3,110 | 7.4% | 68 | 55 |
| Setúbal (São Sebastião) · be9436 | Active | €340,000 | €3,434 | 18.6% | 70 | 48 |
| Median comp | €284,000 | €2,835 | 2.1% | 70 | 53 |
Buy-and-hold The 3-bed apartment in Setúbal is fairly priced at €275,000, only 0.6% below its fair value, indicating stability in its current valuation. While it generates a 4.2% gross yield, the neighborhood rating of 53/100 suggests opportunities may be limited for significant appreciation. Long-term rental With a gross yield of 4.2%, this apartment provides a moderate return for long-term rental investments, despite its fair valuation. The overall condition score of 66/100 indicates that while the property is habitable, investment in upgrades may be necessary to maximize tenant appeal and occupancy. Value-add renovation Although the property is considered fairly priced, the condition rating of 66/100 presents a chance for value creation through renovations. The minor gap against the fair value suggests potential upside through improvements that could enhance tenant quality and drive rental rates in the future.
Economic volatility risk The economic stability score of 45/100 suggests significant risks of downturns, potentially impacting rental income and property value.
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