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 2nd floor, built in 1987, energy rating D. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This property boasts two balconies that offer great outdoor space and a storage room for added convenience in a bustling central area.
The valuation. The asking price of €170,000 sits €67,522 (28.4%) below the fair value of €237,522, indicating the property is subvalued. This presents a compelling opportunity for potential investors under current market conditions. Buy-to-flip angle. The resale strategy would focus on improving the interior finishes to enhance appeal, allowing for a profitable flip in a rising market. Quick renovations could yield significant returns in a short timeframe. Buy-to-let angle. With an estimated gross yield of 5.7%, the property presents a solid rental income strategy, targeting families seeking long-term leases in a mixed neighborhood. Estimated monthly income of €808 aligns well with the local market trends.
Fair value modelled at €237,522 from 6 comparable sales in the area. Asking €170,000 sits €67,522 (28.4%) below — the upside to fair value.
Asking €170,000 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €228,950 (€3,225/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 50/100 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 €228,950, adjusted for condition and micro-location, gives a modelled fair value of €237,522 (€3,345/m²), a €67,522 (28.4%) gap versus the €170,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · ade59d | Subject | €170,000 | €2,394 | — | 57 | 54 |
| rua de Damão | Active | €278,000 | €3,610 | 50.8% | 60 | 46 |
| rua Doutor Álvaro Gomes, 3 | Active | €205,000 | €2,971 | 24.1% | 48 | 50 |
| avenida de Angola | Active | €243,000 | €3,627 | 51.5% | 44 | 56 |
| avenida D. Manuel I | Active | €220,000 | €2,857 | 19.3% | 65 | 45 |
| Median comp | €231,500 | €3,291 | 37.4% | 54 | 48 |
Long-term rental The 2-bed apartment in Setúbal offers a gross yield of 5.7%, making it an attractive option for long-term rental investments. With a fair value significantly higher than the listing price at €237,522, there exists a 28.4% gap that enhances its investment potential. Family rental Given its size and location, this property is well-suited for family rentals, offering a comfortable living space that can cater to families looking for longer-term accommodations. The attractive gross yield of 5.7% further supports the case for its rental viability in the market. Buy-and-hold Investing in this 2-bed apartment as a buy-and-hold strategy can yield solid returns, considering the property is offered at a price substantially lower than its fair value. With a potential appreciation in value over time, the property presents a compelling holding opportunity in the Setúbal housing market.
Economic Vulnerability The low economic stability score of 45/100 suggests a higher risk of economic downturns affecting rental income and property value.
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