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 110 m² on the 2nd floor, built in 2003, energy rating C. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This apartment includes an enclosed balcony that enhances living space and offers a tranquil garden view, contributing to its appeal in a vibrant urban setting.
The valuation. The asking price of €274,500 is significantly below the fair value of €354,717, indicating an underpriced situation by €80,217 (22.6%) within the market. This offers a favorable entry point for potential investors.
Fair value modelled at €354,717 from 6 comparable sales in the area. Asking €274,500 sits €80,217 (22.6%) below — the upside to fair value.
Asking €274,500 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €303,010 (€2,755/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €303,010, adjusted for condition and micro-location, gives a modelled fair value of €354,717 (€3,225/m²), a €80,217 (22.6%) gap versus the €274,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · 190989 | Subject | €274,500 | €2,495 | — | 70 | 58 |
| Setúbal (São Sebastião) · 25f739 | Active | €330,000 | €3,173 | 27.2% | 65 | 48 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 8ee908 | Active | €249,000 | €3,276 | 31.3% | 65 | 56 |
| praceta Manuel Nunes de Almeida, 45 | Active | €268,000 | €3,309 | 32.6% | 62 | 51 |
| praceta Meia Laranja | Active | €265,000 | €3,313 | 32.7% | 74 | 47 |
| Median comp | €266,500 | €3,293 | 31.9% | 65 | 50 |
Long-term rental This 2-bed apartment in Setúbal is attractive for long-term rental due to its 22.6% gap from fair value, indicating its underpriced status. With a gross yield of 3.6%, it presents a reliable income stream while the neighborhood development potential remains strong. Family rental The property serves well as a family rental given its spacious 110m² layout and its subvalued position at €274,500, 22.6% below the estimated fair value. With a decent neighborhood score of 58/100, it provides a comfortable environment for families seeking long-term housing. Buy-and-hold In a buy-and-hold strategy, this apartment's current listing price suggests an opportunity to capitalize on potential appreciation, given its 22.6% underpriced valuation. Additionally, its gross yield of 3.6% makes it a prudent choice for investors looking to evolve with market trends in Setúbal over time.
Economic Vulnerability With an economic stability score of 50/100, there is a significant risk that economic fluctuations could negatively impact property demand and rental income.
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