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 100 m², energy rating E. Located on praceta Fernando Pessoa, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment features two sizeable balconies with excellent solar exposure, ideal for outdoor relaxation in the vibrant Liceu Neighborhood of Setúbal. Unique Design Element: A retro-styled independent kitchen offers character, while its pantry area adds functionality despite signs of aging.
The valuation. The asking price of €299,000 is €17,724 (5.6%) below the fair value of €316,724, indicating that the property is fairly priced for the market. This positions it as a reasonable investment opportunity without significant immediate equity gain.
Fair value modelled at €316,724 from 6 comparable sales in the area. Asking €299,000 sits €17,724 (5.6%) below — the upside to fair value.
Asking €299,000 versus the praceta Fernando Pessoa area baseline of €276,410 (€2,764/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €276,410, adjusted for condition and micro-location, gives a modelled fair value of €316,724 (€3,167/m²), a €17,724 (5.6%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Fernando Pessoa | Subject | €299,000 | €2,990 | — | 65 | 50 |
| rua Nossa Senhora Carmo, 20 | Active | €275,000 | €3,022 | 1.1% | 68 | 46 |
| praça Dom Paio Peres Correia | Active | €365,000 | €2,744 | 8.2% | — | 42 |
| praceta Fernando Pessoa | Active | €329,000 | €3,576 | 19.6% | 65 | 45 |
| praceta Meia Laranja, 8 | Active | €269,000 | €3,363 | 12.5% | 65 | 49 |
| Median comp | €302,000 | €3,193 | 6.8% | 65 | 46 |
Long-term rental The property in Setúbal presents a fair value that aligns closely with the listing price, yielding a gross return of 4.2%. However, the limited local amenities and moderate neighborhood score suggest that while the investment is viable, it may not be the most attractive option for consistent rental demand. Buy-and-hold With a fair valuation relative to the listing price, this property could serve as a reasonable buy-and-hold investment in Setúbal. The rural characteristics and average neighborhood quality indicate that it may not appreciate rapidly, potentially resulting in long-term gains being tempered by local economic factors.
Economic Vulnerability The low economic stability score of 40/100 indicates a significant risk of local market fluctuations that could negatively impact property values.
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