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 65 m², energy rating C. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. This apartment features a functional pantry that enhances storage options, and a bedroom with a private balcony, adding outdoor space for relaxation in a quiet neighborhood.
The valuation. The asking price of €205,000 is significantly below the fair value of €260,649, creating a difference of €55,649 (21.4%). This property is underpriced and presents an appealing opportunity for investors.
Fair value modelled at €260,649 from 6 comparable sales in the area. Asking €205,000 sits €55,649 (21.4%) below — the upside to fair value.
Asking €205,000 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €222,249 (€3,419/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €222,249, adjusted for condition and micro-location, gives a modelled fair value of €260,649 (€4,010/m²), a €55,649 (21.4%) gap versus the €205,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · 83430f | Subject | €205,000 | €3,154 | — | 72 | 49 |
| praceta José Maria da Silva | Active | €315,000 | €4,565 | 44.8% | 74 | 53 |
| rua Doutor Luís Teixeira de Macedo e Castro, 12 | Active | €235,000 | €4,052 | 28.5% | 79 | 56 |
| rua Diogo Cão, 4 | Active | €315,000 | €4,145 | 31.4% | 75 | 48 |
| rua João Maria Jales S / N | Active | €250,000 | €3,968 | 25.8% | 70 | 54 |
| Median comp | €282,500 | €4,099 | 30.0% | 75 | 54 |
Long-term rental This 2-bed apartment in Setúbal presents a solid opportunity for long-term rental, given its fair value of €260,649 compared to the listing price of €205,000, indicating an attractive gap. With a decent gross yield of 4.5% and decent condition at 73/100, the investment aligns well with the market's requirements despite neighborhood economic limitations. Buy-and-hold The buy-and-hold strategy for this apartment is promising, as it is currently priced at €205,000, significantly lower than its fair value of €260,649, revealing an appealing investment window. Over time, this property has the potential to appreciate, benefiting from the 4.5% yield while being situated in a region with stable, albeit limited economic activity.
Low Economic and Tenant Stability Risk With an economic stability score of 35/100 and a tenant stability score of 40/100, there is a significant risk of rental income instability and high tenant turnover, potentially impacting overall returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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