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, built in 2005, energy rating D. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Highlights: The apartment features high-quality finishes and spacious living areas, set in a prime location with extensive amenities, offering great solar exposure and an exceptional opportunity below market value.
The valuation. The asking price of €285,000 sits €65,155 below the fair value of €350,155, marking it as an underpriced opportunity. This 18.6% difference significantly enhances its investment appeal.
Fair value modelled at €350,155 from 6 comparable sales in the area. Asking €285,000 sits €65,155 (18.6%) below — the upside to fair value.
Asking €285,000 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €289,100 (€2,891/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 €289,100, adjusted for condition and micro-location, gives a modelled fair value of €350,155 (€3,502/m²), a €65,155 (18.6%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · 652fce | Subject | €285,000 | €2,850 | — | 74 | 39 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 49b779 | Active | €470,000 | €3,917 | 37.4% | 74 | 51 |
| Setúbal (São Sebastião) · 4a4596 | Active | €290,000 | €2,843 | 0.2% | 73 | 56 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 25f8ff | Active | €515,000 | €3,388 | 18.9% | 73 | 57 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 911323 | Active | €330,000 | €3,474 | 21.9% | 70 | 48 |
| Median comp | €400,000 | €3,431 | 20.4% | 73 | 54 |
Long-term rental The property in Setúbal presents a solid opportunity for long-term rentals with a gross yield of 4.6%, reflecting a favorable return considering the fair value of €350,155 versus the listing price of €285,000. Nonetheless, the neighbourhood rating of 39/100 suggests that attracting premium tenants may be challenging due to limited amenities and economic activity. Value-add renovation With a current condition rating of 75/100, the property can benefit from strategic renovations that could significantly enhance its appeal and value, further bridging the gap towards its fair value. Despite the need for upgrades, the 18.6% gap between the listing price and fair value suggests that the investment retains potential upside once improvements are implemented.
High Economic and Tenant Instability The property faces significant investment risk due to low economic stability (30/100) and tenant stability (40/100), indicating challenges in consistent revenue generation and potential high vacancy rates.
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