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 92 m² on the 5th floor, built in 1999, energy rating E. Located on rua Lúcia da Encarnação Maracoto, 5, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. This apartment features a spectacular terrace, providing a private outdoor retreat, and is equipped with a functional pantry in the well-appointed kitchen.
The valuation. The asking price of €292,000 is above the fair value of €270,277 by €21,723 (8.0%). This property is assessed as fairly priced for the market. Buy-to-flip angle. A resale strategy may focus on modernizing shared spaces to attract potentially higher offers, capitalizing on the unique character of the interior. Buy-to-let angle. The estimated rental income of €852/month translates to a gross yield of 3.5%, making it a solid choice for long-term rental to families in a mixed-demand neighborhood.
Fair value modelled at €270,277 from 6 comparable sales in the area. Asking €292,000 sits €21,723 (8.0%) above — overpriced versus fair value.
Asking €292,000 versus the rua Lúcia da Encarnação Maracoto, 5 area baseline of €225,486 (€2,451/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €225,486, adjusted for condition and micro-location, gives a modelled fair value of €270,277 (€2,938/m²), a €21,723 (8.0%) gap versus the €292,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Lúcia da Encarnação Maracoto, 5 | Subject | €292,000 | €3,174 | — | 70 | 54 |
| Setúbal (São Sebastião) · b32a6b | Active | €260,000 | €3,023 | 4.7% | 70 | 47 |
| praceta Comandante Sá Linhares | Active | €255,000 | €2,865 | 9.7% | 70 | 55 |
| rua Abel Salazar, 1B | Active | €320,000 | €2,689 | 15.3% | 74 | 47 |
| Setúbal (São Sebastião) · 8ee5bd | Active | €289,000 | €3,010 | 5.2% | 70 | 49 |
| Median comp | €274,500 | €2,938 | 7.4% | 70 | 48 |
Family rental This property offers a decent yield of 3.5% gross, making it suitable for families seeking long-term rental accommodations. However, with a neighborhood score of 54/100, it may face challenges in attracting high-quality tenants. Buy-and-hold The fair valuation of €270,277 indicates that the property is priced reasonably at €292,000, which may provide potential stable returns over time. Given the mixed housing demand in the peripheral region, the appreciation potential may be limited, impacting long-term investment strategies. Long-term rental The 68/100 condition rating suggests the apartment is reasonably well-maintained, which can appeal to long-term renters looking for comfortable living. Nonetheless, the peripheral location may not attract premium rents, leading to subdued overall performance in a long-term rental market.
Economic Vulnerability Low economic stability score of 55 may indicate potential fluctuations in rental income, affecting overall investment returns.
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
