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 130 m², energy rating C. Located Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This apartment's unique terraces provide versatile outdoor entertaining options, enhancing the living experience by seamlessly integrating indoor and outdoor spaces.
The valuation. The asking price of €385,000 sits only €755 (0.2%) above the established fair value of €384,245. This indicates that the property is priced fairly within the current market context.
Fair value modelled at €384,245 from 6 comparable sales in the area. Asking €385,000 sits €755 (0.2%) above — overpriced versus fair value.
Asking €385,000 versus the Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça), Setúbal, Setúbal area baseline of €285,847 (€2,199/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €285,847, adjusted for condition and micro-location, gives a modelled fair value of €384,245 (€2,956/m²), a €755 (0.2%) gap versus the €385,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 5da2dd | Subject | €385,000 | €2,962 | — | 75 | 58 |
| rua Doutor Henrique Chancerelle Machete, 5 | Active | €315,000 | €2,333 | 21.2% | 75 | 41 |
| rua Madalena Claro | Active | €375,000 | €3,074 | 3.8% | 74 | 52 |
| rua Tebaida | Active | €387,000 | €2,764 | 6.7% | 75 | 56 |
| avenida Dom João | Active | €370,000 | €2,891 | 2.4% | 74 | 54 |
| Median comp | €372,500 | €2,828 | 4.5% | 75 | 53 |
Long-term rental The 3-bed apartment in Setúbal offers a fair investment opportunity with a gross yield of 3.8%, which aligns closely with the fair value of €384,245. Given the moderate accessibility to amenities and employment, this property can attract stable long-term tenants despite its average neighborhood rating of 58/100. Buy-and-hold Investing in this property for a buy-and-hold strategy allows for potential capital appreciation in a location with steady demand. The 0.2% gap between the listing price and fair value suggests that while it’s not a bargain, it maintains its value adequately over time in a generally stable market environment. Family rental The apartment’s size of 130m² and family-friendly layout position it well for attracting families seeking long-term rentals in Setúbal. Although the neighborhood rating at 58/100 indicates some room for improvement, it can still fulfill the needs of families looking for ample living space close to essential amenities.
Economic and Tenant Instability With both economic and tenant stability scores at 60/100, there is a heightened risk of fluctuations in rental income and potential vacancies affecting cash flow.
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