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 86 m², energy rating C. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment includes two storage rooms, enhancing its practicality, while the tilt-and-turn windows with double glazing provide excellent thermal and acoustic insulation. Location: Close to Municipal Swimming Pools and public transport. Valuation Verdict: Fair.
The valuation. The asking price of €235,000 sits €51,667 (18.0%) below the fair value of €286,667, indicating that the property is underpriced. This presents a strong investment opportunity in the current market.
Fair value modelled at €286,667 from 6 comparable sales in the area. Asking €235,000 sits €51,667 (18.0%) below — the upside to fair value.
Asking €235,000 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €223,454 (€2,598/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €223,454, adjusted for condition and micro-location, gives a modelled fair value of €286,667 (€3,333/m²), a €51,667 (18.0%) gap versus the €235,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · cbc073 | Subject | €235,000 | €2,733 | — | 78 | 56 |
| rua de Aljubarrota, 3 | Active | €285,000 | €3,563 | 30.4% | 76 | 50 |
| Gâmbia-Pontes-Alto da Guerra · 875081 | Active | €273,000 | €3,250 | 18.9% | 75 | 48 |
| praceta Jorge Afonso | Active | €274,900 | €3,617 | 32.4% | 88 | 49 |
| Setúbal (São Sebastião) · 99f3c3 | Active | €280,000 | €3,333 | 22.0% | 75 | 48 |
| Median comp | €277,450 | €3,448 | 26.2% | 76 | 49 |
Long-term rental The property demonstrates a solid gross yield of 3.8%, making it an attractive option for long-term rental investors seeking stable returns in the moderate tourist region of Setúbal. Despite local employment limitations, the property is well-positioned in a safe area, appealing to tenants looking for quality accommodation near the coast. Value-add renovation With a fair value gap of 18.0% compared to the listing price, there is substantial potential for value addition through strategic renovations that can enhance the apartment’s appeal and increase its market value. The current condition score of 80/100 suggests manageable improvements can elevate both the tenant attraction and rental income in the longer term.
Economic Decline Risk The property's economic stability score of 45/100 indicates a potential risk of declining market conditions, which may negatively impact tenant demand and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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