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 82 m² on the 4th floor, energy rating C. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. This apartment features a cozy living room with a fireplace, enhancing its charm and providing a warm ambiance, ideal for relaxation or entertaining guests.
The valuation. The property is listed at €239,900, which is €29,163 (10.8%) below the fair value of €269,063, indicating it is underpriced. This presents a favorable opportunity for buyers seeking value in their investment. Buy-to-flip angle. The strategy focuses on enhancing the apartment's aesthetic appeal before selling it in the current market, potentially capturing a higher resale price. With careful renovations, a profitable flip might be anticipated. Buy-to-let angle. Pursuing a long-term rental strategy could yield a gross rental income of approximately €760 per month, resulting in a gross yield of 3.8%. This sustainable income stream makes the property an attractive buy-and-hold option.
Fair value modelled at €269,063 from 6 comparable sales in the area. Asking €239,900 sits €29,163 (10.8%) below — the upside to fair value.
Asking €239,900 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €215,248 (€2,625/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 €215,248, adjusted for condition and micro-location, gives a modelled fair value of €269,063 (€3,281/m²), a €29,163 (10.8%) gap versus the €239,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · ee889a | Subject | €239,900 | €2,926 | — | 75 | 49 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 25f710 | Active | €299,000 | €3,785 | 29.4% | 72 | 52 |
| rua Lúcia da Encarnação Maracoto, 90 | Active | €280,000 | €3,333 | 13.9% | 75 | 51 |
| urbanização Quinta do Paraíso | Active | €321,000 | €3,000 | 2.5% | 70 | 48 |
| praceta Meia Laranja | Active | €265,000 | €3,313 | 13.2% | 74 | 47 |
| Median comp | €289,500 | €3,323 | 13.6% | 73 | 50 |
Long-term rental The property in Setúbal presents a stable long-term rental opportunity with a gross yield of 3.8%, indicating potential for consistent cash flow. Given its fair value exceeding the listing price by 10.8%, the investment aligns favorably for landlords looking to secure a reliable income in a rural area influenced by agriculture. Buy-and-hold With a current listing price of €239,900 versus a fair value of €269,063, this property is well-situated for a buy-and-hold strategy. The condition rating of 76/100 suggests that it is maintained adequately, making it a suitable asset for long-term appreciation in a developing area. Not ideal for: Short-term vacation rental, Luxury market, Student housing
High Economic Risk The low Economic Stability score of 35/100 indicates a significant risk of economic downturns that could impact property values and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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