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 134 m² on the 3rd floor, built in 2003, energy rating C. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment includes a fireplace coupled with a heat recovery system for energy efficiency and a dedicated parking space with potential for electric vehicle charging.
The valuation. The asking price of €345,000 is significantly below the fair value of €433,003, representing a potential undervaluation of €88,003 or 20.3%. This creates a compelling opportunity for investors. Buy-to-flip angle. With the apartment in good condition, investors can renovate selectively and target a resale price that leverages the fair value, achieving substantial profit upon flipping. Buy-to-let angle. The estimated rental income of €1,208 per month provides a gross yield of 4.2%, making it an attractive option for long-term investment and capital appreciation in this rural area.
Fair value modelled at €433,003 from 6 comparable sales in the area. Asking €345,000 sits €88,003 (20.3%) below — the upside to fair value.
Asking €345,000 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €378,220 (€2,823/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 is above the parish average, lifting 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 €378,220, adjusted for condition and micro-location, gives a modelled fair value of €433,003 (€3,231/m²), a €88,003 (20.3%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · 6a9580 | Subject | €345,000 | €2,575 | — | 72 | 49 |
| rua Luís Gonzaga do Nascimento, 7C | Active | €330,000 | €3,976 | 54.4% | 75 | 48 |
| Setúbal (São Sebastião) · 6fbd3a | Active | €285,000 | €2,457 | 4.6% | 70 | 52 |
| rua Gil Eanes | Active | €285,000 | €2,969 | 15.3% | 74 | 53 |
| praceta António Enes | Active | €290,000 | €3,494 | 35.7% | 75 | 49 |
| Median comp | €287,500 | €3,232 | 25.5% | 75 | 51 |
Long-term rental This 3-bed apartment in Setúbal presents a significant opportunity for long-term rental, with a fair value of €433,003 indicating it is currently underpriced by 20.3%. The gross yield of 4.2% is attractive in a rural location where tenant demand can be stable, despite some limitations in amenities and neighborhood ratings. Buy-and-hold With its current listing price of €345,000, investing in this property as a buy-and-hold strategy makes sense given the substantial gap to its fair value, suggesting appreciation potential. Despite the modest condition rating of 75/100 and neighborhood quality of 49/100, the long-term hold can benefit from the overall upward trajectory expected in the area.
Economic vulnerability The economic stability score of 40/100 indicates a higher risk of economic downturns affecting property value and tenant demand in the area.
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