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 132 m² on the 1st floor, energy rating E. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This apartment's cozy living room with a fireplace provides a welcoming atmosphere, while the direct access to an outdoor terrace enhances the living experience in Setúbal.
The valuation. The asking price of €300,000 is just €4,346 (1.4%) below the fair value of €304,346, indicating a fair market opportunity. This aligns well with comparable properties in the area, confirming its reasonable pricing.
Fair value modelled at €304,346 from 6 comparable sales in the area. Asking €300,000 sits €4,346 (1.4%) below — the upside to fair value.
Asking €300,000 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €250,207 (€1,896/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €250,207, adjusted for condition and micro-location, gives a modelled fair value of €304,346 (€2,306/m²), a €4,346 (1.4%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · 3a740d | Subject | €300,000 | €2,273 | — | 62 | 44 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 15e0ea | Active | €349,000 | €2,529 | 11.3% | 70 | 52 |
| praceta Doutor José Romão dos Santos Ferro, 21 | Active | €143,000 | €1,388 | 38.9% | — | 48 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 023818 | Active | €345,000 | €2,285 | 0.5% | 55 | 49 |
| praceta Doutor José Romão dos Santos Ferro, 27 | Active | €199,000 | €2,010 | 11.6% | 70 | 46 |
| Median comp | €272,000 | €2,148 | 5.5% | 70 | 49 |
Long-term rental The property has a gross yield of 4.2%, which aligns with the current market expectations for long-term rentals in the area. However, the limited economic activity and lower tenant quality in rural Setúbal present challenges for consistent rental income. Buy-and-hold With a fair value of €304,346 and a minimal gap of 1.4%, holding onto this property may not yield significant appreciation in the near future. The local economic constraints suggest the potential for limited growth, reflecting the stability without notable profit opportunities. Value-add renovation Given the property’s condition rating of 65/100, a targeted renovation could enhance its value and appeal to renters; however, the cost-benefit analysis must be considered carefully. The return on investment in renovations may be tempered by the overall limited economic activity in Setúbal, necessitating a strategic approach to improvements.
Low Economic and Tenant Stability Risk The property faces significant financial instability with an economic stability score of 35/100 and a tenant stability score of 50/100, indicating potential challenges in both rental income and tenant retention.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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