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, 0-bathroom apartment of 81 m², built in 1988, energy rating D. Located Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This apartment features expansive windows that enhance natural light flow, coupled with a versatile layout allowing for potential customization to accommodate family needs and modern living. Condition Notes: The overall property is clean and well-kept, although certain fixtures show signs of age, and the decor could benefit from contemporary updates.
The valuation. The asking price of €250,000 sits only slightly above the fair value of €249,595, making it effectively fair. This minimal difference indicates a reasonable investment without room for significant appreciation based solely on current pricing.
Fair value modelled at €249,595 from 6 comparable sales in the area. Asking €250,000 sits €405 (0.2%) above — overpriced versus fair value.
Asking €250,000 versus the Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça), Setúbal, Setúbal area baseline of €216,185 (€2,669/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €216,185, adjusted for condition and micro-location, gives a modelled fair value of €249,595 (€3,081/m²), a €405 (0.2%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 133ae3 | Subject | €250,000 | €3,086 | — | 70 | 54 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 032543 | Active | €280,000 | €3,636 | 17.8% | 62 | 46 |
| rua das Dálias, 6 | Active | €254,900 | €2,999 | 2.8% | 68 | 44 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · ee8939 | Active | €299,000 | €3,082 | 0.1% | 54 | 56 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 02382b | Active | €345,000 | €3,080 | 0.2% | 60 | 54 |
| Median comp | €289,500 | €3,081 | 0.2% | 61 | 50 |
Long-term rental This 3-bed apartment in Setúbal offers a gross yield of 5%, aligning closely with the fair value of €249,595 and indicating a stable income potential. However, the neighbourhood quality rated at 54/100 suggests that tenant demand may be limited, impacting long-term rental viability. Buy-and-hold Holding this property for the long-term in Setúbal may yield moderate returns, given the fair price at €250,000 and slight appreciation potential; however, its condition score of 63/100 indicates existing maintenance needs that could require attention. The semi-rural context and local economy based on small enterprises and farming could also influence long-term capital growth prospects. Value-add renovation With a current condition score of 63/100, this apartment presents an opportunity for value-add renovations to enhance its appeal and potentially increase rental rates. Nevertheless, due to its fair valuation of €250,000, significant capital investment may be necessary to achieve meaningful returns in the context of a neighbourhood quality rated at 54/100.
Economic Vulnerability The property faces significant economic risk due to a low economic stability score of 45/100, indicating potential challenges in maintaining tenant demand and rental income.
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