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 113 m² on the 3rd floor, built in 1984, energy rating C. Located Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment includes a pantry in the kitchen for extra storage, and benefits from air conditioning for enhanced comfort in the warm climate of Setúbal.
The valuation. The asking price of €299,000 is below the fair value of €343,496, indicating the property is underpriced by €44,496 (13.0%). Such a valuation presents an appealing opportunity for investors seeking a well-valued asset.
Fair value modelled at €343,496 from 6 comparable sales in the area. Asking €299,000 sits €44,496 (13.0%) below — the upside to fair value.
Asking €299,000 versus the Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça), Setúbal, Setúbal area baseline of €302,005 (€2,673/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 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 €302,005, adjusted for condition and micro-location, gives a modelled fair value of €343,496 (€3,040/m²), a €44,496 (13.0%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 4a45f2 | Subject | €299,000 | €2,646 | — | 65 | 47 |
| Setúbal (São Sebastião) · 25f4d9 | Active | €349,000 | €3,088 | 16.7% | — | 40 |
| avenida dos Ciprestes, 150 | Active | €335,000 | €2,991 | 13.0% | — | 48 |
| avenida República da Guiné-Bissau | Active | €350,000 | €2,846 | 7.5% | 54 | 48 |
| rua de Badajoz | Active | €399,800 | €2,897 | 9.5% | 65 | 49 |
| Median comp | €349,500 | €2,944 | 11.3% | 60 | 48 |
Long-term rental The 3-bed apartment in Setúbal presents a gap of 13.0% below fair value, indicating potential for positive cash flow with a gross yield of 4.5%. Additionally, despite the condition of the property being rated at 62/100, its overall pricing suggests a favorable long-term rental investment in this agricultural area. Buy-and-hold Investing in this property for a buy-and-hold strategy could yield substantial appreciation, given the current listing price of €299,000 versus its fair value of €343,496. The property’s solid yield combined with its underpriced status presents an attractive opportunity for long-term capital growth in a developing region.
Low Economic Resilience With an economic stability score of 40/100, this property faces significant risks from potential downturns in the local economy, which could jeopardize rental income and property value.
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