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.
4-bedroom, 2-bathroom apartment of 118 m² on the 2nd floor, built in 1977, energy rating C. Located on rua Silva Porto, 15, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. This apartment features a spacious balcony ideal for outdoor relaxation and panoramic views of the surrounding area, enhancing its appeal for both leisure and work-from-home arrangements.
The valuation. The asking price of €309,500 is just €13,621 (4.2%) below the fair value of €323,121, indicating a fair investment opportunity in the current market context.
Fair value modelled at €323,121 from 6 comparable sales in the area. Asking €309,500 sits €13,621 (4.2%) below — the upside to fair value.
Asking €309,500 versus the rua Silva Porto, 15 area baseline of €249,026 (€2,110/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €249,026, adjusted for condition and micro-location, gives a modelled fair value of €323,121 (€2,738/m²), a €13,621 (4.2%) gap versus the €309,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Silva Porto, 15 | Subject | €309,500 | €2,623 | — | 75 | 48 |
| praceta José Maria da Silva, 3 | Active | €315,000 | €2,864 | 9.2% | 65 | 52 |
| Setúbal (São Sebastião) · 15e0ce | Active | €345,000 | €2,518 | 4.0% | 71 | 49 |
| rua João Maria Jales, 18 | Active | €350,000 | €2,672 | 1.9% | 72 | 53 |
| Setúbal (São Sebastião) · 5ecff8 | Active | €345,000 | €2,805 | 6.9% | 75 | 45 |
| Median comp | €345,000 | €2,739 | 4.4% | 72 | 51 |
Long-term rental Given the gross yield of 4.4%, this property reflects a moderate return potential for long-term rental investors, but the high listing price of €309,500 is just slightly below its fair value of €323,121. The limited neighborhood amenities and lower tenant quality may affect tenant attraction and retention in this rural area. Value-add renovation While the current condition score of 74/100 suggests some potential for improvement, the property remains fairly priced at €309,500 compared to a fair value of €323,121. Investors looking to enhance this apartment's appeal through renovations must consider that the rural location may restrict the extent of potential value increase and rental demand post-renovation.
High Economic Risk The property has a low economic stability score of 35/100, indicating potential vulnerability to economic downturns that could negatively affect property value and rental income.
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