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 75 m², energy rating D. Located on rua Tenente Jean Raymond, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Feature: The apartment boasts two independent entrances, enhancing privacy and convenience, with one providing direct access to the spacious outdoor area, ideal for leisure activities.
The valuation. The asking price of €320,000 is significantly above the fair value of €252,149, indicating that the property is overpriced by €67,851 (26.9%).
Fair value modelled at €252,149 from 6 comparable sales in the area. Asking €320,000 sits €67,851 (26.9%) above — overpriced versus fair value.
Asking €320,000 versus the rua Tenente Jean Raymond area baseline of €192,658 (€2,569/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €192,658, adjusted for condition and micro-location, gives a modelled fair value of €252,149 (€3,362/m²), a €67,851 (26.9%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Tenente Jean Raymond | Subject | €320,000 | €4,267 | — | 78 | 58 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 8315c7 | Active | €305,000 | €3,765 | 11.7% | 81 | 51 |
| praceta Professora Virgínia Rau, 8 | Active | €265,000 | €3,272 | 23.3% | 74 | 48 |
| rua Olavo Bilac | Active | €280,000 | €3,111 | 27.1% | 68 | 55 |
| rua António Carvalho Serra | Active | €260,000 | €3,611 | 15.4% | 72 | 55 |
| Median comp | €272,500 | €3,442 | 19.3% | 73 | 53 |
Long-term rental The 3-bed apartment in Setúbal is priced at €320,000, which is significantly above its fair value of €252,149, indicating it is overpriced by 26.9%. With a gross yield of only 3.7% and moderate tenant demand in the rural area, the potential for strong long-term rental returns appears limited. Family rental While the property may attract long-term family tenants due to its size and decent condition of 80/100, the high listing price suggests it is overpriced at €320,000 versus the fair value of €252,149. Given the stable but limited demand in the area, this property may struggle to deliver satisfactory rental yields for families seeking value.
Economic Vulnerability The economic stability score of 45 indicates a significant risk of fluctuating market conditions affecting tenant retention and rent stability, which may jeopardize the property's income.
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