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.
4-bedroom, 2-bathroom apartment of 137 m² on the 12th floor, built in 1995, energy rating C. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. This apartment features two independent storage rooms, a rare advantage that maximizes space efficiency in urban living.
The valuation. The asking price of €345,000 sits €68,363 (16.5%) below the fair value of €413,363, indicating that the property is underpriced. This presents an opportunity for potential buyers to acquire equity immediately upon purchase. Buy-to-flip angle. Given its condition score of 72/100, light renovations focusing on enhancing common areas could significantly increase the resale value. This strategy aims to attract buyers who appreciate both quality and functionality in a desirable location. Buy-to-let angle. With an estimated rental income of €1,179 per month, the property offers a gross yield of 4.1%. This makes it an appealing buy-and-hold investment, particularly for long-term rental in the mixed neighborhood of São Sebastião.
Fair value modelled at €413,363 from 6 comparable sales in the area. Asking €345,000 sits €68,363 (16.5%) below — the upside to fair value.
Asking €345,000 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €337,058 (€2,460/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €337,058, adjusted for condition and micro-location, gives a modelled fair value of €413,363 (€3,017/m²), a €68,363 (16.5%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · 15e0ce | Subject | €345,000 | €2,518 | — | 71 | 49 |
| praceta José Maria da Silva, 3 | Active | €315,000 | €2,864 | 13.7% | 65 | 52 |
| praçeta das Janelas Verdes, 3 1 | Active | €329,000 | €3,500 | 39.0% | 73 | 56 |
| rua da Electricidade | Active | €389,900 | €3,170 | 25.9% | 72 | 53 |
| rua Engenheiro Ferreira Dias | Active | €275,000 | €2,865 | 13.8% | 74 | 47 |
| Median comp | €322,000 | €3,018 | 19.8% | 73 | 53 |
Buy-and-hold This property in Setúbal represents an appealing buy-and-hold strategy, being listed at €345,000 while its fair value is €413,363, indicating it is subvalued by 16.5%. With a gross yield of 4.1% and a satisfactory condition score of 72/100, it is well-positioned for long-term appreciation in a developing area. Long-term rental Acquiring this apartment for long-term rental could serve as a solid investment, as the price reflects a notable gap from its fair value while supporting steady rental income at a gross yield of 4.1%. The neighbourhood's moderate amenities score of 49/100 suggests steady demand from tenants seeking affordable living in a rural yet accessible location.
High Economic Risk The low economic stability score of 25/100 indicates a potentially unstable market, posing a risk for future rental income and property value.
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