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 on rua de Badajoz, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment includes a practical pantry in the kitchen for additional storage and features two bathrooms, enhancing convenience for families or guests.
The valuation. The asking price of €299,000 is €28,372 (8.7%) below the fair value of €327,372. Therefore, the property can be classified as priced at a fair value.
Fair value modelled at €327,372 from 5 comparable sales in the area. Asking €299,000 sits €28,372 (8.7%) below — the upside to fair value.
Asking €299,000 versus the rua de Badajoz area baseline of €279,810 (€2,476/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 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 €279,810, adjusted for condition and micro-location, gives a modelled fair value of €327,372 (€2,897/m²), a €28,372 (8.7%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Badajoz | 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 |
| Setúbal (São Sebastião) · ade5ac | Active | €240,000 | €2,400 | 9.3% | 65 | 49 |
| rua de Badajoz | Active | €399,800 | €2,897 | 9.5% | 65 | 49 |
| Median comp | €342,000 | €2,944 | 11.3% | 65 | 49 |
Long-term rental This property presents a moderate gross yield of 4.5% and is aligned with the fair market value of €299,000, which is 8.7% lower than its assessed fair value. The neighborhood score of 47/100 indicates challenges in tenant quality and amenities, suggesting careful consideration of long-term rental viability. Family rental With its three bedrooms and substantial space of 113m², this apartment could appeal to families looking for more room in Setúbal, though the neighborhood amenities score at just 47/100 may deter some potential tenants. Priced at €299,000, the property is fairly positioned against its fair value, making it a reasonable choice for family rentals despite localized limitations in the area.
Economic and Tenant Instability Risk The economic stability score of 40/100 indicates a weak economic environment, while a tenant stability score of 50/100 suggests moderate tenant reliability, leading to potential challenges in occupancy and rent collection.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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