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.
5-bedroom, 2-bathroom apartment of 110 m² on the 3rd floor. Located on avenida Doutor António Rodrigues Manito, 83, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. This newly renovated apartment boasts an enviable location on a main avenue, offering easy access to vibrant local amenities and lush green areas for outdoor enjoyment.
The valuation. The asking price of €275,000 is slightly below the fair value of €279,384, positioning this property as a fair investment. This translates to a difference of just €4,384, or 1.6%. Buy-to-flip angle. Given the solid condition of the apartment, a buy-to-flip strategy could yield a profitable return if renovations are minor and resale market demand is favorable within Setúbal. This approach is viable due to the modest price differential. Buy-to-let angle. The estimated rental income of approximately €1,215 per month offers a gross yield of 5.3%, making this property suitable for long-term rental strategies appealing to families. The location provides access to both rural charm and urban amenities.
Fair value modelled at €279,384 from 6 comparable sales in the area. Asking €275,000 sits €4,384 (1.6%) below — the upside to fair value.
Asking €275,000 versus the avenida Doutor António Rodrigues Manito, 83 area baseline of €204,032 (€1,855/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €204,032, adjusted for condition and micro-location, gives a modelled fair value of €279,384 (€2,540/m²), a €4,384 (1.6%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Doutor António Rodrigues Manito, 83 | Subject | €275,000 | €2,500 | — | 70 | 48 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 4390f8 | Active | €420,000 | €2,545 | 1.8% | 72 | 48 |
| rua das Areias, 9 | Active | €370,000 | €2,534 | 1.4% | 80 | 53 |
| rua Bombeiros de Setúbal | Active | €380,000 | €2,568 | 2.7% | 75 | 45 |
| praceta de Macau | Active | €445,000 | €2,282 | 8.7% | 75 | 45 |
| Median comp | €400,000 | €2,540 | 1.6% | 75 | 47 |
Long-term rental The 5-bed apartment in Setúbal offers a gross yield of 5.3%, reflecting a reasonable income potential for long-term rental. While the gap to fair value is only 1.6%, indicating that the property is priced at a fair level, the condition rating of 75/100 suggests it may need some maintenance. Family rental With a spacious layout and positioning in a rural area close to urban amenities, this apartment is well-suited for family rentals. The neighbourhood score of 48/100 may impact the desirability for families, but the fair valuation means the investment carries a balanced risk-reward profile. Buy-and-hold For investors looking to adopt a buy-and-hold strategy, this property presents a fair investment given its proximity to necessary amenities and the steady income from rentals. The 5.3% yield, combined with a valuation that sits at fair value, makes it a stable choice for long-term growth, even if immediate appreciation may be limited due to the neighbourhood's score.
Economic Instability Risk With an economic stability score of 35/100, the area may face significant financial challenges impacting property values and rental income stability.
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