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.
1-bedroom, 1-bathroom apartment of 55 m² on the 3rd floor, built in 1988, energy rating D. Located Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. This apartment boasts a spacious balcony with ample light, providing an inviting outdoor space perfect for relaxation or entertaining.
The valuation. The asking price of €195,000 is €32,366 (14.2%) below the determined fair value of €227,366. This indicates that the property is underpriced and presents an attractive investment opportunity.
Fair value modelled at €227,366 from 6 comparable sales in the area. Asking €195,000 sits €32,366 (14.2%) below — the upside to fair value.
Asking €195,000 versus the Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça), Setúbal, Setúbal area baseline of €186,239 (€3,386/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €186,239, adjusted for condition and micro-location, gives a modelled fair value of €227,366 (€4,134/m²), a €32,366 (14.2%) gap versus the €195,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 144253 | Subject | €195,000 | €3,545 | — | 80 | 48 |
| travessa do Garim, 4 | Active | €205,000 | €4,457 | 25.7% | 70 | 49 |
| rua de Aljubarrota | Active | €299,000 | €4,211 | 18.8% | 80 | 54 |
| rua do Mirante | Active | €279,000 | €3,623 | 2.2% | 74 | 42 |
| Setúbal (São Sebastião) · cfe2c0 | Active | €215,000 | €4,057 | 14.4% | 85 | 57 |
| Median comp | €247,000 | €4,134 | 16.6% | 77 | 52 |
Long-term rental This 1-bed apartment in Setúbal presents a compelling opportunity for long-term rental due to its undervalued price relative to fair market value, showing a gap of 14.2%. The gross yield of 4.2% further strengthens the investment case, providing a steady income stream in a modest development area. Value-add renovation The property offers potential for value-add renovation, which can elevate its market appeal and increase both rental income and property value. With a fair value significantly higher than the purchase price, strategic improvements could yield a profitable return on investment. Buy-and-hold Investing in this apartment for a buy-and-hold strategy aligns with its current valuation being below fair value, allowing for appreciation over time while enjoying rental yields. The semi-rural location holds the potential for gradual development, which can positively impact future property value. Not ideal for short-term vacation rental, luxury market, student housing Given the peripheral location and the current neighborhood rating of 48/100, this property is not suitable for short-term vacation rentals, luxury markets, or student housing. The modest amenities and local tenant quality suggest a more stable long-term rental strategy is preferable.
Economic and Tenant Instability Risk: With both economic and tenant stability scores at a precarious 50/100, there is a significant risk of property value depreciation and increased vacancy rates due to potential economic fluctuations and unstable tenant retention.
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