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 96 m² on the 1st floor, energy rating C. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment showcases tilt-and-turn windows for superior thermal insulation and a sunroom in one bedroom, enhancing versatility and comfort in living spaces.
The valuation. The asking price of €270,000 is under fair value by €24,468, or 8.3%, which positions it at a reasonable market price compared to similar properties in Setúbal. Verdict: fair. Buy-to-flip angle. A buy-to-flip strategy could involve minor renovations to enhance the property’s appeal, potentially increasing its resale value by targeting a higher-end market segment. Buy-to-let angle. With an estimated gross yield of 4.2% through monthly rental income of around €945, this property presents a solid opportunity for long-term rental returns in a mixed neighborhood.
Fair value modelled at €294,468 from 6 comparable sales in the area. Asking €270,000 sits €24,468 (8.3%) below — the upside to fair value.
Asking €270,000 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €229,468 (€2,390/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €229,468, adjusted for condition and micro-location, gives a modelled fair value of €294,468 (€3,067/m²), a €24,468 (8.3%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · 1f3545 | Subject | €270,000 | €2,813 | — | 74 | 46 |
| avenida Luísa Todi | Active | €340,000 | €3,656 | 30.0% | 75 | 56 |
| Setúbal (São Sebastião) · 96c699 | Active | €290,000 | €3,021 | 7.4% | 74 | 46 |
| avenida de Angola | Active | €349,000 | €3,173 | 12.8% | 76 | 47 |
| largo José Joaquim Cabecinha, 17 | Active | €270,000 | €2,368 | 15.8% | 70 | 53 |
| Median comp | €315,000 | €3,097 | 10.1% | 75 | 50 |
Long-term rental With a fair valuation indicating a reasonable alignment with this property’s asking price, the 4.2% gross yield provides a consistent income stream, albeit below the ideal range for aggressive investment strategies. However, the neighbourhood's low rating of 46/100 suggests limited demand for long-term tenants, which could impact occupancy rates. Value-add renovation Investing in renovations could enhance the property’s appeal and potentially increase its value beyond the current fair assessment, yet the condition score of 78/100 indicates that significant updates may be required. Additionally, while the fair valuation suggests stability, the lackluster neighbourhood score could limit the extent of appreciation post-renovation. Not ideal for luxury market The property is not suitable for luxury market positioning due to the limited appeal reflected in its neighbourhood rating of 46/100, overshadowing the potential for high-end buyers. This restriction further diversifies the market risk associated with the investment. Not ideal for student housing Given the property’s context in a rural area with a low neighbourhood rating, it is unlikely to attract a sufficient student population for a viable student housing strategy. The economic conditions and amenities in the vicinity support this assessment, potentially leading to high vacancy rates in a student rental scenario.
Economic Vulnerability The economic stability score of 35/100 indicates a significant risk of local economic downturns impacting property values and rental income.
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