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 5th floor, built in 1987, energy rating C. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This apartment's kitchen features a partial open design to the social area, enhancing its connectivity and inviting interaction while allowing for customization potential.
The valuation. The asking price of €257,900 is significantly below the fair value of €314,244, indicating that the property is underpriced by €56,344 (17.9%). This presents an attractive opportunity for potential investors.
Fair value modelled at €314,244 from 6 comparable sales in the area. Asking €257,900 sits €56,344 (17.9%) below — the upside to fair value.
Asking €257,900 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €269,699 (€2,569/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €269,699, adjusted for condition and micro-location, gives a modelled fair value of €314,244 (€2,993/m²), a €56,344 (17.9%) gap versus the €257,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · f10ad3 | Subject | €257,900 | €2,456 | — | 70 | 54 |
| rua de Badajoz | Active | €399,800 | €2,897 | 18.0% | 65 | 49 |
| largo José Joaquim Cabecinha, 17 | Active | €270,000 | €2,368 | 3.6% | 70 | 53 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 001756 | Active | €279,000 | €3,207 | 30.6% | 70 | 51 |
| rua de Badajoz | Active | €299,000 | €2,646 | 7.7% | 65 | 47 |
| Median comp | €289,000 | €2,772 | 12.8% | 68 | 50 |
Long-term rental The 3-bed apartment in Setúbal presents an attractive opportunity for long-term rental, with a yield of 4.6% gross, which is compelling in the context of the local housing market. Given its fair value of €314,244 and the listing price being €257,900, this property is subvalued, indicating potential for steady rental income. Buy-and-hold Investing in this property as a buy-and-hold strategy aligns well with its fair pricing, as the gap of 17.9% between the listing price and fair value suggests a strong potential for appreciation over time. Furthermore, with a condition rating of 65/100 and a neighborhood score of 54/100, the property retains the potential for value enhancement through improvement initiatives, fostering long-term capital growth.
Low Economic Resilience With an economic stability score of 40/100, there is a significant risk that the property may experience decreasing demand and increased vacancy rates, negatively impacting rental income and property value.
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