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, 1-bathroom apartment of 102 m², built in 1979, energy rating D. Located on largo Alberto Mendes Fialho, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This apartment offers excellent natural light with large windows and retains charming original architectural details that enhance its overall appeal and potential.
The valuation. The asking price of €239,000 is 4.1% above the fair value of €229,563, placing it in a fair valuation category. The margin suggests a moderately priced opportunity in the current market. Buy-to-flip angle. The buy-to-flip strategy could focus on cosmetic improvements, particularly in the kitchen, to enhance appeal and resale value. Targeting a resale price above €250,000 may yield a decent return. Buy-to-let angle. With an estimated monthly rental income of €777, the gross yield stands at 3.9%. This rental strategy could attract families seeking improved accommodation in a peripheral location of Setúbal.
Fair value modelled at €229,563 from 6 comparable sales in the area. Asking €239,000 sits €9,437 (4.1%) above — overpriced versus fair value.
Asking €239,000 versus the largo Alberto Mendes Fialho area baseline of €195,818 (€1,920/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 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 €195,818, adjusted for condition and micro-location, gives a modelled fair value of €229,563 (€2,251/m²), a €9,437 (4.1%) gap versus the €239,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| largo Alberto Mendes Fialho | Subject | €239,000 | €2,343 | — | 68 | 48 |
| rua Cidade de Leiria, 3 | Active | €329,950 | €2,185 | 6.7% | 68 | 52 |
| praceta Doutor José Romão dos Santos Ferro, 21 | Active | €143,000 | €1,388 | 40.7% | — | 48 |
| estrada de Palmela Rio da Figueira | Active | €228,000 | €2,327 | 0.7% | 70 | 46 |
| Setúbal (São Sebastião) · 6d5385 | Active | €300,000 | €2,521 | 7.6% | 68 | 45 |
| Median comp | €264,000 | €2,256 | 3.7% | 68 | 47 |
Long-term rental This property is reasonably priced at €239,000 with a gross yield of 3.9%, making it a viable option for stable long-term tenants. However, its peripheral location in Setúbal could limit the appeal and demand from quality tenants, given the accessibility concerns. Family rental Priced fairly and offering a reasonable yield, this apartment could attract families seeking longer-term housing options. The relatively low neighborhood score of 48/100 suggests families may weigh proximity to amenities and employment opportunities before committing. Value-add renovation With a fair market value of €229,563, there is an opportunity to enhance the property's overall condition, which currently stands at 61/100. Improvements could potentially increase rental income; however, the neighborhood's lower appeal might limit the overall return on investment despite renovations.
Economic Risk Low economic stability score of 45/100 indicates potential challenges in maintaining rental income and property value over time due to market fluctuations.
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
