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 82 m² on the 6th floor, energy rating C. Located on rua da Electricidade, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy features: This apartment includes a pantry for additional storage and a strategic sixth-floor location that enhances privacy while providing optimal natural light throughout the day.
The valuation. The asking price of €265,000 sits €37,105 (12.3%) below the fair value of €302,105, indicating a strong opportunity for potential returns. This property is well-priced compared to the market valuation. Buy-to-flip angle. A buy-to-flip strategy could capitalize on the current underpriced listing by aiming for a quick renovation and resale, targeting a price closer to the fair value range. The apartment's appeal can be enhanced with minor updates. Buy-to-let angle. The projected gross yield of 3.4% (~€751/month) makes this property an attractive option for long-term rental income, despite the mixed neighborhood rating. The apartment's quality finishes can attract potential tenants willing to pay a premium.
Fair value modelled at €302,105 from 6 comparable sales in the area. Asking €265,000 sits €37,105 (12.3%) below — the upside to fair value.
Asking €265,000 versus the rua da Electricidade area baseline of €246,893 (€3,011/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €246,893, adjusted for condition and micro-location, gives a modelled fair value of €302,105 (€3,684/m²), a €37,105 (12.3%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Electricidade | Subject | €265,000 | €3,232 | — | 80 | 52 |
| avenida de Angola | Active | €280,000 | €3,684 | 14.0% | 75 | 54 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 4a4475 | Active | €280,000 | €3,684 | 14.0% | 75 | 48 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · ba5881 | Active | €289,000 | €4,817 | 49.0% | 76 | 53 |
| rua da Electricidade, 5 | Active | €268,000 | €3,190 | 1.3% | 74 | 53 |
| Median comp | €280,000 | €3,684 | 14.0% | 75 | 53 |
Long-term rental This 2-bed apartment in Setúbal, listed at €265,000, is currently subvalued when compared to its fair value of €302,105, offering a 12.3% gap that enhances its appeal for long-term rental strategies. With a gross yield of 3.4%, the property is positioned to attract steady tenants, despite the average condition and neighborhood ratings. Buy-and-hold Investing in this property as a buy-and-hold strategy is favorable, considering its price below market valuation at a fair value of €302,105, implying long-term appreciation potential. The 3.4% yield may be modest, yet the property’s subvalued status suggests significant upside as the local market evolves over time.
Economic Vulnerability With an economic stability score of 40/100, the property is at high risk of economic downturns affecting rental income and tenant demand.
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