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.
1-bedroom, 1-bathroom apartment of 76 m², built in 2001, energy rating D. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This apartment boasts direct exterior access, enhancing convenience and ease of movement for residents and guests alike, perfect for those valuing practicality in urban living.
The valuation. The asking price of €240,000 sits €44,400 (15.6%) below the fair value of €284,400, indicating the property is underpriced and presents a unique buying opportunity.
Fair value modelled at €284,400 from 6 comparable sales in the area. Asking €240,000 sits €44,400 (15.6%) below — the upside to fair value.
Asking €240,000 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €252,024 (€3,316/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €252,024, adjusted for condition and micro-location, gives a modelled fair value of €284,400 (€3,742/m²), a €44,400 (15.6%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · ab71f4 | Subject | €240,000 | €3,158 | — | 70 | 50 |
| urbanização Terroa Lanchoa | Active | €209,000 | €4,543 | 43.9% | 68 | 50 |
| Setúbal (São Sebastião) · 6fb95c | Active | €228,000 | €3,800 | 20.3% | 72 | 46 |
| rua Gregório Lopes, 31 | Active | €219,000 | €4,867 | 54.1% | 72 | 58 |
| Setúbal (São Sebastião) · b7c263 | Active | €239,000 | €2,812 | 11.0% | — | 42 |
| Median comp | €223,500 | €4,172 | 32.1% | 72 | 48 |
Long-term rental The 1-bed apartment in Setúbal is currently listed at €240,000, which is 15.6% below its fair value of €284,400, indicating a strong potential for long-term rental returns. Its gross yield of 3.3% coupled with the decent condition of 66/100 creates an attractive opportunity for steady income generation in a stable suburban area. Buy-and-hold Acquiring this property at €240,000 presents a favorable entry point given its fair value assessment of €284,400, highlighting an opportunity for appreciation. The suburban setting, while not highly rated at 50/100 in neighborhood quality, offers typical amenities and safety, which could enhance long-term value retention. Not ideal for luxury market The apartment's characteristics and neighborhood score make it unsuitable for the luxury market segment, which typically demands higher standards and exclusivity. This aligns with its current positioning as a more affordable housing option in a suburban context. Not ideal for short-term vacation rental Given the suburban nature and moderate neighborhood rating, this property is unlikely to attract short-term vacation rental investors who seek high foot traffic and prime locations. Its value proposition is better suited for long-term tenants rather than transient guests.
Economic and Tenant Instability The combined scores of 50/100 for economic stability and 60/100 for tenant stability indicate a heightened risk of fluctuating rental income and increased vacancy rates due to potential economic challenges.
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