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 75 m² on the 2nd floor, energy rating C. Located on avenida Infante Dom Henrique, 22, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment includes two balconies, offering outdoor space in a quiet residential area with only two residents per floor for added privacy.
The valuation. The asking price of €185,000 sits €79,837 (30.1%) below its fair value of €264,837, indicating the property is underpriced and presents a favorable opportunity for investors seeking value.
Fair value modelled at €264,837 from 6 comparable sales in the area. Asking €185,000 sits €79,837 (30.1%) below — the upside to fair value.
Asking €185,000 versus the avenida Infante Dom Henrique, 22 area baseline of €253,571 (€3,381/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 56/100 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 €253,571, adjusted for condition and micro-location, gives a modelled fair value of €264,837 (€3,531/m²), a €79,837 (30.1%) gap versus the €185,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Infante Dom Henrique, 22 | Subject | €185,000 | €2,467 | — | 60 | 57 |
| rua José Pedro da Silva | Active | €329,999 | €3,976 | 61.2% | 45 | 56 |
| rua Santiago | Active | €260,000 | €4,127 | 67.3% | 67 | 50 |
| rua Amílcar Cabral, 7 | Active | €170,000 | €5,152 | 108.8% | 60 | 48 |
| rua Tratado de Tordesilhas | Active | €250,000 | €3,086 | 25.1% | 68 | 45 |
| Median comp | €255,000 | €4,052 | 64.3% | 64 | 49 |
Buy-and-hold This 2-bed apartment in Setúbal presents an attractive investment opportunity with a 30.1% gap to its fair value, making it a strategic buy-and-hold asset. The gross yield of 5.3% further underscores its potential to generate stable long-term returns in a moderately active economic environment. Family rental Given the neighborhood's decent amenities and condition ratings of 56/100 and 57/100 respectively, this property could appeal to families seeking long-term rentals. The combination of an underpriced market and a solid yield makes it a compelling option for securing reliable rental income. Not ideal for Luxury market The property does not align with luxury market demands, which can be influenced by higher quality and exclusivity that this apartment does not meet. Its current condition and local neighborhood ratings reflect a more modest investment type. Not ideal for Short-term vacation rental The property’s condition and neighborhood metrics suggest it lacks the appeal necessary for short-term vacation rentals, which often require high standards of quality and location desirability. Additionally, the typical rural crime rates could deter potential short-term guests. Not ideal for Student housing This apartment may not serve well in the student housing market due to its limited appeal and the overall condition ratings which do not meet the specific needs that students typically seek. The property’s location may not provide sufficient proximity to educational institutions favored by student tenants.
Economic Vulnerability With an economic stability score of 55/100, there is a significant risk that economic fluctuations could adversely affect property value and rental income. Tenant Turnover Risk A tenant stability score of 60/100 indicates a likelihood of frequent turnover, which can lead to increased vacancies and associated costs.
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