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 71 m² on the 4th floor, energy rating D. Located on rua de Aljubarrota, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment boasts an unobstructed view that enhances natural light and a modern kitchen designed with high-quality components, ensuring a stylish and functional living space.
The valuation. The asking price of €299,000 sits €37,157 (14.2%) above the fair value of €261,843, indicating that this property is overpriced in the current market. This discrepancy suggests potential challenges for investors looking for immediate equity appreciation.
Fair value modelled at €261,843 from 6 comparable sales in the area. Asking €299,000 sits €37,157 (14.2%) above — overpriced versus fair value.
Asking €299,000 versus the rua de Aljubarrota area baseline of €207,733 (€2,926/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €207,733, adjusted for condition and micro-location, gives a modelled fair value of €261,843 (€3,688/m²), a €37,157 (14.2%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Aljubarrota | Subject | €299,000 | €4,211 | — | 80 | 54 |
| Setúbal (São Sebastião) · cfe2c0 | Active | €215,000 | €4,057 | 3.7% | 85 | 57 |
| rua União das Freguesias de Setúbal | Active | €275,000 | €3,571 | 15.2% | 75 | 48 |
| rua do Mirante | Active | €279,000 | €3,623 | 14.0% | 74 | 42 |
| Setúbal (São Sebastião) · 439206 | Active | €260,000 | €3,291 | 21.8% | 75 | 46 |
| Median comp | €267,500 | €3,597 | 14.6% | 75 | 47 |
Long-term rental The property presents a gross yield of only 2.9%, which is not compelling given the local market conditions and the property’s listing price of €299,000, making it overpriced compared to the fair value of €261,843. With a neighbourhood score of only 54/100, attracting reliable long-term tenants may prove to be challenging. Buy-and-hold Although the property is located in a serene rural area, its significant discrepancy from fair value at a 14.2% premium indicates that the investment is overpriced, particularly for a buy-and-hold strategy. The limited urban amenities and a neighbourhood rating of 54/100 suggest potential stagnation in appreciation over time. Value-add renovation Investing in a value-add renovation may not justify the current listing price of €299,000, especially since it exceeds the fair value by 14.2%, labeling the property as overpriced. Given the apartment's decent condition score of 82/100, the return on investment from renovations could be hindered by the overall neighbourhood dynamics. Not ideal for The property is not suitable for student housing or as a luxury market investment, as its inflated price and low neighbourhood amenities do not align with the demands of these sectors. Additionally, the location's focus on rural living limits its appeal for short-term vacation rentals, further emphasizing its misalignment with these markets.
Economic Vulnerability With an economic stability score of 45/100, this property faces heightened risks due to potential market fluctuations and weakened local economic conditions.
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