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 86 m² on the 3rd floor, built in 1979, energy rating D. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Property Highlights: The apartment features an enclosed balcony that offers additional living space and enhances its brightness, making it ideal for relaxation or entertaining guests.
The valuation. The asking price of €220,000 is underpriced compared to the fair value of €270,200, presenting an opportunity for immediate equity of €50,200 (18.6%). Buy-to-flip angle. The resale strategy focuses on cosmetic upgrades to modernize the property, potentially increasing its appeal and market value. Buy-to-let angle. A long-term rental strategy targeting families could yield an estimated gross yield of 4.1%, approximating €752 in monthly rental income.
Fair value modelled at €270,200 from 6 comparable sales in the area. Asking €220,000 sits €50,200 (18.6%) below — the upside to fair value.
Asking €220,000 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €255,839 (€2,975/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 53/100 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 €255,839, adjusted for condition and micro-location, gives a modelled fair value of €270,200 (€3,142/m²), a €50,200 (18.6%) gap versus the €220,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · 3df435 | Subject | €220,000 | €2,558 | — | 57 | 45 |
| praceta Fernando Pessoa | Active | €299,000 | €3,147 | 23.0% | 50 | 51 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 023c60 | Active | €345,000 | €3,136 | 22.6% | 55 | 53 |
| azinhaga dos Trabalhadores | Active | €359,000 | €2,316 | 9.5% | 55 | 53 |
| praceta Fernando Pessoa | Active | €329,000 | €3,576 | 39.8% | 65 | 45 |
| Median comp | €337,000 | €3,142 | 22.8% | 55 | 52 |
Long-term rental This 3-bed apartment in Setúbal presents a compelling long-term rental opportunity, with a fair value gap of 18.6% suggestive of future price appreciation. The property's gross yield of 4.1% offers a steady income potential, despite its average condition and limited amenities. Family rental Targeting family rentals, this apartment's size and pricing below fair value align with market demand for spacious yet affordable housing. Families may appreciate the lower overhead on rental costs given the apartment's respectable gross yield and proximity to basic services, despite the neighborhood's rural character.
Low Economic Resilience The low economic stability score of 35/100 suggests significant potential for economic downturns, which could adversely affect rental income and property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
