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 106 m², energy rating C. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This apartment boasts panoramic views of Setúbal, enhancing natural light and creating a spacious ambiance, alongside a well-designed layout conducive to modern living.
The valuation. The asking price of €255,000 is significantly below the fair value of €308,277, resulting in a noteworthy discount of €53,277 (17.3%). This indicates that the property is subvalued relative to current market conditions.
Fair value modelled at €308,277 from 6 comparable sales in the area. Asking €255,000 sits €53,277 (17.3%) below — the upside to fair value.
Asking €255,000 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €298,904 (€2,820/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 48/100 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 €298,904, adjusted for condition and micro-location, gives a modelled fair value of €308,277 (€2,908/m²), a €53,277 (17.3%) gap versus the €255,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · a8eda2 | Subject | €255,000 | €2,406 | — | 42 | 47 |
| Setúbal (São Sebastião) · ade5ac | Active | €240,000 | €2,400 | 0.2% | 65 | 49 |
| rua Doutor Álvaro Gomes, 3 | Active | €205,000 | €2,971 | 23.5% | 48 | 50 |
| avenida República da Guiné-Bissau | Active | €350,000 | €2,846 | 18.3% | 54 | 48 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 023c60 | Active | €345,000 | €3,136 | 30.4% | 55 | 53 |
| Median comp | €292,500 | €2,909 | 20.9% | 55 | 50 |
Long-term rental The property offers an attractive entry price of €255,000 against a fair value of €308,277, indicating a 17.3% gap suggesting it may be a sound long-term investment opportunity. With a gross yield of 3.5%, despite its condition rating of 48/100, consistent rental demand can be expected in Setúbal's market. Family rental Considering the spacious 106m² layout, this property aligns well as a family rental, appealing to those seeking larger units in affordable price ranges. The relatively low price compared to its fair value makes it a potentially lucrative option for landlords aiming to capture family-oriented tenants despite the neighborhood's economic constraints. Short-term vacation rental Given its rural context and limited economic diversity, this property is not ideally suited for short-term vacation rentals, which typically thrive in more tourism-centric areas. The average rating of the neighborhood and local amenities further detracts from its appeal to potential short-term renters. Luxury market The property is not aligned with luxury market expectations due to its average condition and neighborhood scores, which rank at 48/100 and 47/100 respectively. Consequently, it presents limitations for buyers seeking high-end properties in desirable urban locations.
High Economic Risk With an economic stability score of 35/100, there is a significant risk that economic downturns could lead to increased vacancy rates and reduced rental income.
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
