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 85 m² on the 2nd floor, built in 1963, energy rating D. Located on rua Jardim de São Bernardo, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment includes a versatile additional room ideal for a small office or storage, complementing its contemporary design and functional layout. Location Advantage: Its proximity to the Setúbal train station offers convenient access to Lisbon.
The valuation. The asking price of €278,000 is €27,779 (9.1%) below the fair value of €305,779, indicating that the property is fairly priced in the current market.
Fair value modelled at €305,779 from 6 comparable sales in the area. Asking €278,000 sits €27,779 (9.1%) below — the upside to fair value.
Asking €278,000 versus the rua Jardim de São Bernardo area baseline of €254,291 (€2,992/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 €254,291, adjusted for condition and micro-location, gives a modelled fair value of €305,779 (€3,597/m²), a €27,779 (9.1%) gap versus the €278,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Jardim de São Bernardo | Subject | €278,000 | €3,271 | — | 72 | 48 |
| rua João Maria Jales | Active | €289,900 | €3,052 | 6.7% | 72 | 55 |
| rua do Mirante | Active | €279,000 | €3,623 | 10.8% | 74 | 42 |
| rua União das Freguesias de Setúbal | Active | €275,000 | €3,571 | 9.2% | 75 | 48 |
| avenida Rodrigues Manito | Active | €299,000 | €4,983 | 52.4% | — | 48 |
| Median comp | €284,450 | €3,597 | 10.0% | 74 | 48 |
Long-term rental The 2-bed apartment in Setúbal shows a yield of 3.8%, which aligns with stable long-term rental expectations in a fairly priced market. Despite the lower neighbourhood rating of 48/100, the overall condition of 74/100 suggests it could attract long-term tenants looking for comfort. Buy-and-hold Investing in this Setúbal property could be a reasonable strategy given its 9.1% gap versus fair value, signifying stable market conditions. The rural location near Setúbal offers potential for gradual appreciation, although the current neighbourhood dynamics highlight some challenges for immediate value growth.
Low Economic Stability: With an economic stability score of 35/100, the property faces a significant risk of financial instability, which could negatively impact rental income and property value.
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