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.
3-bedroom, 2-bathroom apartment of 105 m² on the 6th floor, built in 1981, energy rating D. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This apartment boasts a spacious layout with a versatile room that can easily adapt into a home office or guest accommodation, offering significant living flexibility.
The valuation. The asking price of €235,000 is very close to the fair value of €235,131, sitting just €131 (0.1%) below it. This indicates a fair valuation for the property.
Fair value modelled at €235,131 from 6 comparable sales in the area. Asking €235,000 sits €131 (0.1%) below — the upside to fair value.
Asking €235,000 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €210,268 (€2,003/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 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 €210,268, adjusted for condition and micro-location, gives a modelled fair value of €235,131 (€2,239/m²), a €131 (0.1%) gap versus the €235,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · 5da181 | Subject | €235,000 | €2,238 | — | 58 | 54 |
| rua António José Baptista | Active | €461,000 | €2,086 | 6.8% | 55 | 52 |
| azinhaga dos Trabalhadores | Active | €359,000 | €2,316 | 3.5% | 62 | 44 |
| Setúbal (São Sebastião) · 4bc79f | Active | €210,000 | €2,059 | 8.0% | 55 | 47 |
| avenida Dom Manuel I | Active | €250,000 | €2,294 | 2.5% | 42 | 49 |
| Median comp | €304,500 | €2,190 | 2.1% | 55 | 48 |
Long-term rental This property offers a stable opportunity for long-term rental with a gross yield of 4.6%, aligning well with the fair market value of €235,000. Its suburban location within commuting distance to Lisbon is appealing to residents seeking affordable housing options while working in the capital. Value-add renovation With a current condition rating of 55/100, there is potential for value-add renovations to enhance tenant appeal and increase rental yields. However, the 0.1% gap from fair value suggests that significant improvements may be necessary to justify higher investment costs. Short-term vacation rental The property is not suitable for short-term vacation rental due to its suburban setting and perceptions of crime influenced by nearby industrial regions. These factors could deter potential guests looking for a safer and more vibrant environment for short stays. Luxury market This apartment does not cater to the luxury market, as it falls short in both condition and neighborhood desirability with ratings of 55/100. The market appeal is more suited for budget-conscious tenants rather than high-end clientele.
Economic Instability Risk With an economic stability score of 60/100, the property is exposed to potential downturns in the local economy, which could negatively impact tenant retention and rental income. Tenant Instability Risk A tenant stability score of 55/100 indicates a higher risk for tenant turnover, which may lead to increased vacancy rates and associated costs.
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