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 92 m² on the 3rd floor, built in 1995, energy rating E. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This apartment features a renovated kitchen that encourages culinary creativity and a pantry, enhancing space utility and organization in urban living. Location Perks: Nestled in a sought-after area, it provides easy access to great local amenities and green spaces.
The valuation. The asking price of €277,900 sits 14.3% below the fair value of €324,091, representing a notable opportunity for investment. This property is therefore underpriced, making it an attractive option for buyers.
Fair value modelled at €324,091 from 6 comparable sales in the area. Asking €277,900 sits €46,191 (14.3%) below — the upside to fair value.
Asking €277,900 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €263,821 (€2,868/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €263,821, adjusted for condition and micro-location, gives a modelled fair value of €324,091 (€3,523/m²), a €46,191 (14.3%) gap versus the €277,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · 3a71c9 | Subject | €277,900 | €3,021 | — | 74 | 45 |
| rua dos Quatro Caminhos | Active | €295,000 | €3,352 | 11.0% | 72 | 54 |
| praceta Professora Virgínia Rau, 8 | Active | €265,000 | €3,272 | 8.3% | 74 | 48 |
| rua António Carvalho Serra | Active | €260,000 | €3,611 | 19.5% | 72 | 55 |
| rua Tenente Jean Raymond | Active | €320,000 | €4,267 | 41.2% | 78 | 58 |
| Median comp | €280,000 | €3,482 | 15.3% | 73 | 55 |
Long-term rental Given the property’s current listing price of €277,900, which is 14.3% below the fair value of €324,091, it represents a promising opportunity for long-term rental potential. The 3.4% gross yield, paired with a decent condition score of 76/100, indicates reliability for steady rental income. Buy-and-hold With the property listed at €277,900, significantly below its fair value, it offers a solid buy-and-hold investment thesis for future appreciation. The lower crime rates in the peripheral area, though limited in urban amenities, provide a conducive environment for long-term value growth and tenant stability.
Economic Vulnerability The property faces a significant risk due to a low economic stability score of 40/100, indicating potential challenges in the local market's financial health and growth prospects. Tenant Instability Additionally, with a tenant stability score of 50/100, there is a risk of high tenant turnover, which may lead to increased vacancy and leasing costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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